Friday, 29 November 2019
Sensex tumbles 336 points ahead of GDP data
nvestors turned cautious ahead of Q2 gross domestic product (GDP) growth numbers, scheduled to be released later in the day, traders said.Experts are of the view that GDP growth for Q2 is expected to be lower than the 5 per cent in Q1.Weak cues from global markets also weighed on market mood, they added.Bourses in Hong Kong, Tokyo, Kospi and Seoul ended in the red as US law supporting pro-democracy protesters in Hong Kong put a dampener on hopes of an early trade truce over tariffs.Stocks in Europe were trading on a positive note.On the currency front, the rupee depreciated 17 paise (intra-day) against the US dollar to 71.79.Brent crude, the global oil benchmark, fell 0.79 per cent to USD 62.77 per barrel in futures trade. DailyhuntDisclaimer: This story is auto-aggregated by a computer program and has not been created or edited by Dailyhunt. Publisher: The Telegraphhttps://visual.ly/users/michealjohsonpratts4/portfolio
No comments:
Post a Comment