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MARKET WRAP: Sensex gains 196 pts, Nifty tops 10,850; PSBs jump up to 12%

Here's a look at all that happened in Friday's session.

Image SI Reporter New Delhi
MARKETS LIVE: Mid, smallcaps outperform Sensex; Religare Enterprises up 16%

8:18 AM

Oil check

Oil prices rose on Friday as markets tightened amid output cuts by producer club OPEC, but surging US supply and a global economic slowdown prevented crude from climbing further.
 
U.S. West Texas Intermediate (WTI) crude oil futures were at $57.45 per barrel at 0116 GMT, up 23 cents, or 0.4 per cent, from their last settlement. International Brent crude futures were at $66.55 per barrel, up 24 cents, or 0.4 per cent.
8:16 AM

SGX Nifty

Nifty futures on Singapore Exchange (SGX) were trading at 10,859.00, down 11 points or 0.10 per cent in early trade
8:13 AM

Asian Markets check

Asian shares inched higher on Friday with broader gains capped by investor caution as concerns about China’s economy and global trade weighed on sentiment while stronger-than-expected US GDP data pushed the dollar up. MSCI’s broadest index of Asia-Pacific shares outside Japan was up less than 0.1 per cent while Japan’s Nikkei 225 gained 0.8 per cent.
8:12 AM

Wall Street check

Wall Street's main indexes fell slightly on Thursday as support from better-than-feared U.S. GDP data was countered by concerns about earnings and US-China trade relations. The Dow Jones Industrial Average fell 69.03 points, or 0.27 per cent, to 25,916.13, the S&P 500 lost 7.88 points, or 0.28 per cent, to 2,784.5 and the Nasdaq Composite dropped 21.98 points, or 0.29 per cent, to 7,532.53.
8:09 AM

Good morning
 
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First Published: Mar 01 2019 | 7:59 AM IST