Closing Indices

08th March 2023

Bse Sensex Closed @ 60348.09 Up 123.63 Points

Nse Nifty Closed @ 17754.40 Up 42.95 Points

Bank Nifty Closed @ 41577.10 Up 226.70 Points

India VIX Closed @ 12.4500 Up 0.1825 Points

Key Events

Key events this week:

Euro area GDP, Wednesday

US MBA mortgage applications, ADP employment change, trade balance, JOLTS job openings, Wednesday

Fed Chair Powell’s semiannual Monetary Policy Report to the House Financial Services Committee, Wednesday

Canada rate decision, Wednesday

EIA crude oil inventories, Wednesday

China CPI, PPI, Thursday

US Challenger job cuts, initial jobless claims, household change in net worth, Thursday

Bank of Japan policy rate decision, Friday

US nonfarm payrolls, unemployment rate, monthly budget statement, Friday

Some of the main moves in markets :

Stocks

The S&P 500 fell 1% as of 11 a.m. New York time

The Nasdaq 100 fell 0.8%

The Dow Jones Industrial Average fell 0.9%

The Stoxx Europe 600 fell 0.7%

The MSCI World index fell 1%

Currencies

The Bloomberg Dollar Spot Index rose 0.8%

The euro fell 0.9% to $1.0584

The British pound fell 1.3% to $1.1872

The Japanese yen fell 0.7% to 136.83 per dollar

Cryptocurrencies

Bitcoin fell 0.4% to $22,320.16

Ether fell 0.4% to $1,560.5

Bonds

The yield on 10-year Treasuries advanced two basis points to 3.97%

Germany’s 10-year yield declined four basis points to 2.71%

Britain’s 10-year yield declined three basis points to 3.84%

Commodities

West Texas Intermediate crude fell 2.4% to $78.52 a barrel

Gold futures fell 1.8% to $1,821.60 an ounce