MARKET LIVE: Trends on SGX Nifty suggest a tepid start for Sensex, Nifty

Lincoln Wylie

Stocks and oil fell even though secure-haven gold rose on Monday as the loss of life toll from a coronavirus outbreak surpassed the SARS epidemic, elevating alarm bells about its severity, Reuters claimed.

On Friday, the S&P BSE Sensex currently slipped 164 factors or .4 for each cent to settle at 41,142, even though the broader Nifty50 index ended at 12,086, down fifty one.55 factors or .42 for each cent. 

GAIL, Indiabulls Realty, MRF, and Nalco are amid the 230 companies that are scheduled to report their December quarter numbers currently.

MSCI’s broadest index of Asia-Pacific shares outdoors Japan tumbled .seven for each cent. Japan’s Nikkei fell .8 for each cent, even though South Korea’s KOSPI was off one.4 for each cent. Australian shares eased .five for each cent.

In the early trade, SGX Nifty was at 12,065 level, down 19 factors or .sixteen for each cent, indicating a muted start  for the indices.

On Wall Street, the Dow Jones fell .nine for each cent, the S&P five hundred declined .five for each cent, even though the Nasdaq dropped .five for each cent in the course of the right away trade on Friday.

(With inputs from Reuters)

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