HomeBusiness10 things to know before opening the bell on August 22
10 things to know before opening the bell on August 22
August 22, 2022
Trends on SGX Nifty point to a negative open for the Indian market on Monday. The rupee depreciated by 20 paise, closing at 79.84 against the US dollar on Friday. The Treasury Department has clarified that the government does not intend to charge payments through the Unified Payments Interface (UPI) interface. Here are the 10 things you need to know before you open the bell on August 22:
Wall Street | The Dow Jones Industrial Average Index fell 0.86 percent on Friday. The S&P 500 fell 1.29 percent while the tech-heavy Nasdaq lost 2.01 percent. (Image: Shuttertock)
Asian equities | Japan’s Nikkei lost 0.58 percent while the Shanghai index fell 0.19 percent at 7:25 a.m. Monday. (Image: Shutterstock)
SGX Handy | Trends on SGX Nifty point to a negative start for the broader market in India, with a loss of 0.39 percent. The Nifty futures traded at the 17.674.5 level on the Singapore exchange at 7:30 IST. (Image: Reuters)
Dalal Street | Sensex ended Friday at 651.85 points or 1.08 percent lower at 59646.15. The wider NSE Nifty broke off its eight-day rally, closing at 17,758.45.
UPI | Putting the speculations to rest, the Treasury Department clarified on Sunday that the government does not intend to charge for payments through the Unified Payments Interface (UPI) interface.
rupee | The rupee depreciated by 20 paise, closing at 79.84 against the US dollar on Friday amid a strengthening overseas dollar.
Crude oil | The price of Brent oil fell 1.14 percent at 7:30 a.m. Monday to $95.62 a barrel. (Image: roller shutter)
Gold | Spot gold fell 0.19 percent to $1,759.80 an ounce at 7:30 a.m. Monday. (Image: Reuters)
Cryptocurrency | Bitcoin gained 2.06 percent to $21,446.00 at 7:30 a.m. Monday, while the Ethereum blockchain network gained 2.65 percent to $1,607.49 (Image: shutterstock)
War between Russia and Ukraine | Russian missiles struck near the Black Sea port of Odessa on Sunday as Ukraine warned of the potential for more serious attacks by Russia as the war approached its six-month anniversary.