On Wednesday, Benchmark Indian equity indices may unlock with sky scrapping indices. The SGX Nifty was up 1.21% at 08:43 AM. Surprisingly, on Tuesday, 350.16 points have been added to the Sensex, or 0.61%, 57,863.93 points to close with. Although 50 gained 103.30 points to Nifty and at the end 17,325.30.
On Wednesday, the Indian pointer may evidence a positive start. As the peace talks starts between Russia and Ukraine, it increased hopes of de-escalation of war at the moment the Kremlin put forward to drop down its operations in northern Ukraine. On the second straight day, Indian pointers go along with the positive trajectory for, tracking positive cues from global markets. The investors acknowledged the growth as pointers carried on to move along for the second straight day.Â
In Wall Street and Europe, the indices appreciated the growth and even gained 1% to 3%. Although the crude prices also fell a near 8% dip before climbing again as some investors cautiously assessed Russia’s peace offerings. Â
On Wednesday in Asia, shares in Japan declined, while that in Hong Kong, South Korea, Australia, and Shanghai advanced in early trade.Â
Gold gains as dollar, yields weaken; progress in Russia-Ukraine talks weighs
On Wednesday, Gold prices uplifted together with a dip in the U.S. dollar and Treasury yields. Despite the signs of growth in Russia-Ukraine peace talks worsen the metal’s appeal as a haven and kept gains in check. There was a bit of rising in Spot gold of 0.3% to $1,923.95 per ounce by 0210 GMT. U.S. gold futures rose 0.5% at $1,927.70.Â
On Tuesday, the metal fell as much as 1.8% to its lowest since Feb. 28 at $1,889.45.Â
Slipped seen in ether, Bitcoin, dogecoin while Terra, Solana gaining
Looking into the cryptocurrencies, in recent days, Bitcoin is taking a break cause of following a sharp uprise that saw it reach its highest levels of the year. The digital token was trading almost flat at $47,284, down about 0.4%. The world’s largest and most popular cryptocurrency is up about 2% in 2022 (year-to-date or YTD) so far.
Published by:Â Shivani Bhalke
Edited by:Â Subbuthai Padma
