GLOBAL MARKETS ROUNDUP
Asian stocks dipped in early trade on Friday following fresh signs of slowing Chinese growth, while crude oil hovered near a four-year low in an oversupplied market.
The Sensex is up 19.71 points at 27960.35 and the Nifty is up 2.85 points at 8360.70. About 465 shares have advanced, 222 shares declined, and 36 shares are unchanged.
LOCAL MARKETS PREVIOUS CLOSE
• BSE index 27,940.64 (down 0.24 pct)
• NSE index 8,357.85 (down 0.30 pct)
• Rupee 61.5450/5600 per dlr (61.4925/5000)
• 10-year bond yield 8.22 pct (8.16 pct)
• 5-year OIS rate 7.46 pct (7.40 pct)
• 1-year OIS rate 8.05 pct (7.99 pct)
• Call money 7.70/7.80 pct (7.40/7.50 pct)
Global Market Snapshot:
Today morning, Asian equity markets are mixed to weaker while US equities were largely steady as markets took note of fall in industrial metals and huge slump in crude oil which indirectly pushed energy and industrial stocks down. In terms of currency, Asian currencies are trading on a negative note with respect to the dollar.
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