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 Stock Market Today: All You Need To Know Going Into Trade On Jan. 24
Jan 24, 2024 04:56 pm

 Markets in Japan declined in early trade on Wednesday as traders evaluated the country's trade data. Japan's exports have risen 9.8% year-on-year in December, beating Bloomberg's estimate of 9.2% rise for the month. The Nikkei 225 was 193.56 points or 0.53% lower at 36,324.01 as of 6:32 a.m. The S&P ASX 200, and KOSPI were trading 0.05% or 2.36 points up at 7,518.50, while the KOSPI index was 0.59% or 14.61 points down at 2,463.72 as of 6:33 a.m. Share indices on Wall Street closed at all time high after trading in a narrow range ahead of a slew of company results that should offer insights on the state of the global economy, Bloomberg reported. The S&P 500 index and Nasdaq 100 rose by 0.29% and 0.43%, respectively, to end at all-time high  The Dow Jones Industrial Average fell by 0.25%. Brent crude was trading 0.51% lower at $79.55 a barrel. Gold was lower by 0.08% at $2,027.61 an ounce. India's benchmark stock indices extended losses and ended at the lowest level in over a month, tracking a decline in shares of HDFC Bank Ltd., Reliance Industries Ltd., and State Bank of India. The NSE Nifty 50 closed 333 points, or 1.54%, lower at 21,238.80-the lowest level since Dec. 20, 2023. The S&P BSE Sensex ended 1,053.10 points, or 1.47%, down at 70,370.55-the owest since Dec. 13, 2023.Overseas investors remained net sellers of Indian equities for the fifth consecutive session . Foreign portfolio investors offloaded stocks worth Rs 3,115.4 crore, while domestic Institutional investors turned net buyers and mopped up equities worth Rs 214.4 crore, the NSE data showed. The Indian currency weakened 9 paise to close at Rs 83.16 against the U.S. dollar