Stock Market Live: The benchmarks first dropped but rebounded to end moderately higher. The Sensex and Nifty gained 0.4% after early losses in uncertain trading. Shares of Bajaj Auto, Adani Enterprises, Dr Reddy’s Laboratories, and Maruti Suzuki remained among the top risers. Paytm shares stayed focused after last week’s Axis Bank deal, and RBI extended its deadline to March 15th.
Oil prices international crude oil costs posted a weekly increase ending February 18th, settling at their highest since November after West Asia tensions eased. Brent oil is down 0.72% at 82.87, while WTI fell 0.58% to 78.73.
Asian markets
The Asian markets saw mixed results in the first session of this week.
Japan’s Nikkei traded slightly lower at 38,347.16 while South Korea’s Kospi gained 0.79% to 2,670.33.
S Indices
US indices closed marginally down last week after an inflation report signaled a Fed rate cut may not happen soon. The Dow Jones slid 0.37% to 38,627.99. The tech-focused S&P 500 ended 0.48% lower at 5,005.87, while NASDAQ fell 0.82% to 15,775.65.
