spot_img
Saturday, June 25, 2022
No menu items!
More
    spot_img
    HomeBusinessMARKET LIVE: Tepid start likely amid weak global cues; SGX Nifty down...

    MARKET LIVE: Tepid start likely amid weak global cues; SGX Nifty down 40pts

    -

    Stock market updates: All eyes will be on the Reserve Bank of India, which will begin its three-day monetary policy committee (MPC) meeting later today

    Topics
    MARKET LIVE | BSE | NSE

    SI Reporter  | New Delhi 

    Market LIVE: Flat start likely amid weak global cues; SGX Nifty down 70 pts

    Stock market LIVE updates: The benchmark indices are likely to start trade on a negative note amid unsupportive global cues. As of 8:30 AM, the SGX Nifty futures quoted at 16,540, indicating a cut of 40-odd points. 

    All eyes will be on the Reserve Bank of India, which will begin its three-day monetary policy committee (MPC) meeting later today. With inflation showing no sign of abatement, the central bank is likely to increase benchmark lending rate by at least 35 basis points (bps) this June.

    Primary market

    The primary markets will see the opening of a new issue – Silver Pearl Hospitality and Luxury Spaces. The three-day IPO will open today with an issue price of Rs 18 per share.

    CATCH ALL THE LIVE UPDATES

    Auto Refresh

    Related articles

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    Stay Connected

    0FansLike
    0FollowersFollow
    3,361FollowersFollow
    0SubscribersSubscribe
    spot_img

    Latest posts