On Thursday, the Dow Jones Industrial Average index nearly gained 1.6 percent. The S&P 500 finished roughly 2% higher.
At 7.15 am, the Shanghai index was trading 0.03 percent lower while the Nikkei 225 in Japan increased by 0.4 percent.
Before Opening Bell
With a gain of 0.3 percent, trends on the SGX Nifty point to a promising start for the Indian market as a whole. Around 7.20 am, Nifty Futures were trading on the Singaporean exchange at 18,052.5.
The main indices for India finished the trading day on Thursday up. The BSE Sensex and NSE Nifty50 both closed the day about 0.6 percent higher.
- On Thursday, the Dow Jones Industrial Average index nearly gained 1.6 percent.
- The BSE Sensex and NSE Nifty50 both closed about 0.6 percent higher on Thursday.
- Around 7.15 am on Friday, spot gold decreased nearly 0.04 percent to $1,998.20 per ounce.
According to Reserve Bank of India (RBI) Governor Shaktikanta Das, inflation is expected to moderate in 2023–2024, but the process of bringing inflation down to the target level is expected to be drawn out.
The rupee dropped 5 paise to close at 81.79 versus the US dollar on Thursday. Around 7.15 am on Friday, Brent oil prices decreased 0.11 percent to $78,28 a barrel.
Around 7.15 am on Friday, spot gold decreased nearly 0.04 percent to $1,998.20 per ounce. At 7.15 am, Bitcoin was up almost 0.4 percent at $29,551 and the Ethereum blockchain network was up almost 2.6 percent at $1,914.48.
On Thursday, Russian troops attempted to cut off crucial supply routes in Bakhmut, a city in eastern Ukraine. Ukrainian officers claimed that this increased pressure on the defensive forces.
