ShriStockTips Stock Market News Of the day 1st June 2022

Sensex opens 100 pts higher, Nifty around 16,600; eMudhra in focus .

Stocks to Watch: Bharat Dynamics, Dish TV, Nxtdigital, Religare Enterprises .

SGX Nifty indicates a negative start for Indian indices.

Gold falls to nearly 2-week low as U.S. yields, dollar strengthen .

High prices, Asian markets could blunt EU ban on Russian oil.

LIC books profit of ₹42,000 crore from stock market.

Stocks slip on Wall Street as messy May comes to a close.

Nifty50 at pre-open: Slips below 16,600; Titan, Sun Pharma gain, SBI Life, Apollo Hospital drop.

SGX Nifty indicates a negative start for Indian indices

Benchmark Indian indices are likely to open negative on Wednesday. The SGX Nifty was trading 0.71% down at 08:15 AM. On Tuesday, the Sensex lost 359.33 points, or 0.64%, to close at 55,566.41, while Nifty50 declined 76.85 points to end at 16,584.55.

Indian indices may witness a negative start on Wednesday. The indices logged in losses on Tuesday tracking weakness from Asian peers. The indices on the Wall Street dipped while US Treasury yields rose sharply in overnight session as investors weighed the prospects of higher inflation following a phased ban of Russian oil imports by the European Union that has lifted crude prices to new highs. The European Union agreed in principle to cut 90% of oil imports …

Stocks slip on Wall Street as messy May comes to a close

Stocks closed lower Tuesday and the market eked out a tiny gain for May, a fitting end to a tumultuous month as worries about a possible recession, inflation and rising interest rates bruised Wall Street.

The S&P 500 fell 0.6%, having recouped about half of its loss from earlier in the day. The Dow Jones Industrial Average fell 0.7%, while the Nasdaq composite slid 0.4%. Both also pared some of their losses after falling at least 1.4%.

Such swings should perhaps be no surprise given Wall Street’s action this month, amid some of the wildest trading since the early days of the pandemic. The S&P 500 finished the month with a gain of less than 0.1%, which followed an 8.8% slump in April. The index is now 13.9% below its record set early this year. But the slight move for the month belies sharp lurches down and up that shook investors along the way.

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