Last Updated: February 09, 2023, 09:27 IST
A bird flies past a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai, February 1, 2023. (Reuters)
Sensex, Nifty opened in green on Thursday morning as global sentiments turned negative after hawkish comments by the US Federal Reserve.
Sensex, Nifty opened in green on Thursday morning as global sentiments turned negative after hawkish comments by the US Federal Reserve.
Global Cues
Globally, the US equities lowered overnight after the US Fed speakers reiterated their hawkish stance, forecasting peak rates in the range of 5-5.2 per cent, which is above market estimates. Dow Jones, the S&P 500, and NASDAQ Composite indices declined up to 1 per cent.
Asia-Pacific markets, too, fell this morning, with the S&P 200, Nikkei 225, Kospi, Kosdaq, Hang Seng, and Shanghai Composite indices lowering up to 0.6 per cent
In the commodities basket, prices of both Brent Crude and WTI Crude climbed 0.1 per cent each to $85 per barrel, and $78 per barrel, respectively.
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