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Mixed signal from world market, NIKKEI fell 1.27%, SGX NIFTY gained 150 points

by Chandan Sen
March 30, 2022
in Business
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There are mixed signals from the world market. NIKKEI’s start in Asia has been weak. But SGX NIFTY is seeing a strength of 150 points.

There are mixed signals from the world market. NIKKEI’s start in Asia has been weak. But SGX NIFTY is seeing a strength of 150 points. On the other hand, the US market closed strongly yesterday. The DOW and S&P 500 registered an uptrend for the fourth day in a row. Although today DOW FUTURES is down 55 points.

US markets closed with gains yesterday. The Dow rose nearly 340 points. The S&P 500 jumped 1.23% to 4631, while the Nasdaq gained 265 points. Meanwhile, crude oil prices continued to fall. Brent fell below 2 112. There is a slight decline in US futures. There are mixed signals from Asian markets. US bond yields have eased. The yield on 10-year US bonds stood at 2.36%. Gold prices have risen here and are hovering around 4 1924.

Read also – Stock Market Live Update: SGX NIFTY hints, Indian market may start strong

It is to be noted that after the talks in Turkey, the hope for a Russia-Ukraine agreement has increased. The capital, Kiev, is preparing to reduce its military presence. Ukraine has also offered not to join any military alliance. Russia says talks in Istanbul have been positive. A meeting between Putin and Zelensky is possible.

Meanwhile, the Asian market is seeing mixed transactions today. SGX NIFTY is showing an increase of 149.50 points. At the same time, the Nikkei fell 1.27 percent to close at 27,893.92. At the same time, the Straits Times is showing an increase of 0.11 percent. Taiwan’s market rose 0.99 percent to 17,723.19. Hang Seng was up 0.96 percent at 22,139.20. At the same time, Kospi is trading up 0.26 percent. The Shanghai Composite, on the other hand, rose 0.85 percent to 3,231.13.

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