Nifty just above 19,800 and the Sensex at 66,017.81. Diverse trends emerged across Asian markets as oil prices fell. Japan’s Nikkei 225 surged by 0.97% to 33,775.20, and the TOPIX rose by 0.74% to 2,395.90 after a national holiday.
South Korea’s KOSPI fell slightly to 2,511.59, while Hong Kong’s Hang Seng dropped by 0.78% to 17,771.75. Investors turned their attention to China’s property market after earlier week’s supportive measures. Oil prices continued their slide following news of an online OPEC+ meeting, amid uncertainty due to disagreements over production quotas.
US markets were shut on Thursday on account of Thanksgiving. They will be open for half a day of trade today.The rupee slipped by 2 paise to settle at 83.34 against the US dollar on Thursday due to FII outflows and weak local equities.The GIFT Nifty is down about five points, indicating a muted start for the Indian market.Shares in Asia drifted higher while Treasuries declined in the region following the Thanksgiving holiday. Oil prices all further.
Japanese benchmarks advanced at the open, playing catch-up after a national holiday. Australian equities also opened higher while futures for Hong Kong stocks fell after a rally on Thursday. Download the App to get 14 days of unlimited access to Mint Premium absolutely free! Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile!
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