Stock Market NEWS UPDATE
Nifty 7800 Call added 5.4 lakh shares in Open Interest (OI) on December 11
Nifty 7900 Call added 6.3 lakh shares in Open Interest
Nifty 7500 Put shed 3 lakh shares in Open Interest
Nifty 7400 Put added 3.1 lakh shares in Open Interest
The Indian rupee opened at a fresh two-year low at 67.09 per dollar. It is trading lower by 21 paise against Friday’s close of 66.88.
Asian stock Market fell China’s yuan hit fresh 4-1/2 year lows as plunging oil prices added to investors’ nervousness about riskier assets ahead of an expected U.S. rate rise by the Federal Reserve later in the week.
Indian ADRs ended lower on Friday. In the IT space, Infosys was down 0.20 percent at USD 16.23 and Wipro was down 0.14 percent at USD 11.79.
US stock Market closed sharply lower on Friday, with the S&P 500 ending its worst week since August, as plunging crude oil prices compounded investor nervousness on expectations for the first US interest rate hike in nearly a decade.
The Dow Jones industrial average fell 309.54 points, or 1.76 percent, to 17,265.21 with every component in the index ending down. The S&P 500 lost 39.86 points, or 1.94 percent, to 2,012.37 and the Nasdaq Composite dropped 111.71 points, or 2.21 percent, to 4,933.47.
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