Share Market
– Photo : Amar Ujala
Expansion
The domestic stock market opened with gains on Tuesday, the second trading day of the week. During this, the Sensex opened up by 130 points. At the same time, Nifty was seen trading around the level of 18350. In early trade, shares of Apollo Tires gained five per cent while Uflex’s shares declined by four per cent.
Monday’s fall in the US market is largely being attributed to the comments of Federal Reserve Governor Christopher Waller. Waller said that the central bank still has some distance to go before putting a halt to rate hikes and that people should not expect too much from the reduction in inflation in October. On the other hand, the Dow Jones closed at 33,536.70, down 211.16 points. It lost 0.63 points. On the other hand, the S&P 500 closed at 3,957.25, down 13.68 points (0.89) points.
Singapore based SGX Nifty Futures which is an early indicator of Nifty 50 is trading with a positive trend at 18,431.5. Which is up 54 points or 0.29 percent.