Sensex, Nifty Set To Follow Asian Peers Lower

(RTTNews) - Indian shares look set to open lower on Friday, tracking weakness elsewhere across Asia after a new coronavirus variant has been detected in South Africa that appears to be spreading rapidly in parts of the country.

The Union Health Ministry has issued an alert for the B.1.1.529 variant of the novel coronavirus, which is characterized by a "very unusual constellation" of mutations.

Benchmark indexes Sensex and the Nifty rose about 0.8 percent and 0.7 percent, respectively on Thursday amid the expiry of monthly derivative contracts and on optimism over near-term growth prospects.

The rupee eased by 12 paise to close at 74.52 against the greenback after the release of hawkish Fed November meeting minutes.

Asian markets were sharply lower this morning while the dollar index held steady but not far off a 16- month peak hit earlier this week.
See also:
Leave a comment
  • Latest
  • Read
  • Commented
Calendar Content
«    Декабрь 2021    »