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Stock Market Today: 10 things to know before opening bell on August 8

Stock Market Today: 10 things to know before opening bell on August 8

Stock Market Today: 10 things to know before opening bell on August 8
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By CNBCTV18.com Aug 8, 2022 7:54:07 AM IST (Updated)

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SUMMARY

Trends on SGX Nifty indicate a negative opening for the Indian market on Monday. Reversing a two-session losing streak, the rupee appreciated by 16 paise to close at 79.24 against the US dollar on Friday. State Bank of India reported a net profit of Rs 6,068 crore for the quarter ending June 2022, a decline of of 6.7 percent from the same quarter of the last fiscal year. Here are the 10 things you should know before opening bell on August 8:

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Wall Street | Dow Jones Industrial Average index gained 0.23 percent on Friday. S&P 500 lost 0.16 percent while the tech-heavy Nasdaq witnessed a 0.50 percent loss. (Image: Shuttertock)

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Asian Equities | Japan's Nikkei lost 0.08 percent while the Shanghai index lost 0.23 percent at 7:20 am on Monday. (Image: Shutterstock)

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SGX Nifty | Trends on SGX Nifty indicate a negative start for the broader market in India, with a loss of 0.25 percent. The Nifty futures were trading around 17,379.50 level on the Singaporean exchange at 7:20 IST. (Image: Reuters)

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Dalal Street | NSE Nifty finished 6 points lower at 17,382 whereas BSE Sensex lost 51 points and closed at 58,298 levels on Friday.

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SBI | State Bank of India reported a net profit of Rs 6,068 crore for the quarter ending June 2022, a decline of of 6.7 percent from the same quarter of the last fiscal year.

Fiscal slippage, COVID, coronavirus
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Rupee | Reversing a two-session losing streak, the rupee appreciated by 16 paise to close at 79.24 against the US dollar on Friday after the Reserve Bank hiked interest rates by 50 basis points.

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Crude Oil | Brent oil price lost 0.33 percent to $94.61 a barrel at 7:20 AM on Monday. (Image: shutterstock)

An employee of Deutsche Bundesbank tests a gold bar with an ultrasonic appliance during a news conference in Frankfurt Germany (Image: Reuters)
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Gold | Spot gold lost 0.06 percent to $1,790.30 per ounce, as of 7:20 am on Monday. (Image: Reuters)

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Cryptocurrency | Bitcoin gained 0.02 percent to $23,196.15 at 7:20 am on Monday while Ethereum blockchain network lost 0.95 percent to $1,697.79 (Image: shutterstock)

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Russia-Ukraine War | Ukrainian President Volodymyr Zelenskyy said that there could be no talks with Russia if it proceeds with referendum in occupied areas of his country.

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