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Stock market today: 10 things to know before opening bell on December 7

Stock market today: 10 things to know before opening bell on December 7

Stock market today: 10 things to know before opening bell on December 7
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By Sangam Singh  Dec 7, 2022 7:41:54 AM IST (Published)

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SUMMARY

Trends on SGX Nifty indicate an opening in the red for the Indian markets on Wednesday after a loss of 0.14 percent. Here are the 10 things you need to know before the opening bell on December 7:

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Wall Street | Dow Jones Industrial Average index ended 1.03 percent lower on Tuesday. S&P 500 lost 1.44 percent while the tech-heavy Nasdaq witnessed 2 percent loss. (Image: Shutterstock)

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Asian Equities | Japan's Nikkei fell 45 percent at 7:20 am on Wednesday while the Shanghai index was trading 0.28 percent lower. (Image: Shutterstock)

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SGX Nifty | Trends on SGX Nifty suggest a negative start for the broader market in India with a loss of 0.14 percent. Nifty futures were trading at 18,725.5 on the Singaporean exchange at 7:30 am. (Image: Shutterstock)

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Dalal Street | BSE Sensex fell 208.24 points or 0.33 percent to end at 62,626.36 while the broader NSE Nifty 58.30 declined points or 0.31 percent to 18,642.75.

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World Bank | The World Bank on Tuesday said it expects India's real GDP to grow at 6.9 percent in the 2022-2023 financial year, 0.4 percent up from its previous projection.

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Rupee | The rupee declined by 65 paise to close at 82.50 against the US dollar on Tuesday due to domestic equities and rising crude prices in the overseas markets.

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Crude Oil | Brent oil price gained 0.24 percent to touch $79.54 a barrel at 7:20 am on Wednesday.

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Gold | Spot gold gained 0.04 percent to $1,783.10 per ounce as of 7:20 am on Wednesday.

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Cryptocurrency | Bitcoin was trading 0.66 percent higher at $17,041.00 at 7:20 am on Wednesday while the Ethereum blockchain network gained 0.74 percent in the last 24 hours to trade at $1,264.53 (Image: Shutterstock)

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Russia-Ukraine War | America has neither encouraged nor enabled the Ukrainians to strike inside of Russia, US Secretary of State Antony Blinken said on Tuesday. This comes after a third Russian airfield was ablaze from a drone strike.

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