Last updated: February 9, 2023, 9:27 AM IST
A bird flies past a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai, Feb. 1, 2023. (Reuters)
Sensex, Nifty opened in the green Thursday morning as global sentiment turned negative following aggressive comments from the US Federal Reserve.
Sensex, Nifty opened in the green Thursday morning as global sentiment turned negative following aggressive comments from the US Federal Reserve.
Global signals
Globally, US stocks fell overnight after US Fed speakers reiterated their aggressive stance, predicting spike rates between 5 and 5.2 percent, which is above market estimates. Dow Jones, the S&P 500 and NASDAQ Composite indices fell to 1 percent.
Markets in Asia Pacific also fell this morning, with the S&P 200, Nikkei 225, Kospi, Kosdaq, Hang Seng and Shanghai Composite indices falling as much as 0.6 percent
In the commodity basket, prices of both Brent Crude and WTI Crude each rose 0.1 percent to $85 per barrel and $78 per barrel, respectively.
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