Tuesday , August 3 2021

MARKET LIVE: Indices edge higher, Nifty close to 10,650; ADANI gas to 14%



Benchmark indexes opened slightly higher Thursday taking cues from their Asian counterparts.

In the broader market, S & P BSE Midcap index traded 0.2 percent up, while the S & P BSE SmallCap rose to 0.4 percent.


Adani Gas is trading at 14 percent higher, as the company said that it encapsulated permission from the oil regulation of the Council and of natural gas (PNGRB), the Government of India to expand its gas footprint of the city in 13 new regions in the recently concluded 9th round gazoraspredelitelnyiy city (KGD) bidding.

world markets

US stocks rose on Wednesday after two days of sales, led by a rebound in beaten-down shares the Internet, technology, and energy on the eve of Thanksgiving Day.

Dow Jones Industrial Average rose 99.38 points, or 0.41 percent, to 24,565.02, the S & P 500 rose 17.49 points, or 0.66 percent, to 2,659.38, and the Nasdaq Composite Index gained 89.75 points , or 1.3 percent, to 6,998.57.

In Asia, the MSCI broadest index of shares of the Asia-Pacific region outside Japan tacked on 0.2 percent. Japan's Nikkei index rose 0.5 percent and Australian stocks advanced 0.6 percent.

OIL PRICES

Oil markets began on Thursday timidly, with an increase in US crude oil stocks put pressure on prices, but the expected supply cut producer cartel OPEC offer some support.

US West Texas Intermediate (WTI) f & # 39; yuchersy oil was $ 53.71 per barrel, down 8 cents above the last settlement. Front month Brent on f & # 39; oil yuchersy back in trade.

(with Reuters input)


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