Stock Market LIVE: GIFT Nifty signals tepid open; Kospi down 2%; Brent rises on US-Iran tension | Markets News
Most Asian markets declined on Monday morning as elevated energy costs cast a shadow on the inflation outlook and raised bets about further rate hikes by the US Federal Reserve. South Korea’s Kospi and mainland China’s CSI 300 fell 2.07 per cent and 1.24 per cent, respectively.
Last Friday, the Dow Jones Industrial Average and the S&P 500 settled 0.93 per cent and 0.51 per cent higher, respectively. The Nasdaq Composite ended 0.48 per cent higher.
Gold and silver futures declined 1.77 per cent and 2.92 per cent, respectively.
IPO Today
The IPO of Snapdeal, Orient Cables, German Green Steel, and Runwal Enterprises are entering the second day of subscription.
Additionally, the IPOs of Bench Mark, Shree TNB Polymers, Dudani Retail, Himalayan Solar, and Sai Urja Indo are entering the second day of subscription.
Moneyview and A-One Steels, Green Asia Impex, Peshwa Wheat, and Roopa Screen’s IPO will enter the final day of subscription.
