Stock Markets – TOP HEADLINES – Union Cabinet, CCEA today; decision on PLI scheme on textile likely- Top Indicators US Markets, Gold, Silver, Brent Crude, MSP on Rabi crops
The US Markets ended mix on Tuesday after remaining closed on Monday on account of Labour Day. Dow Jones fell by 270 points to settle at lower levels on Tuesday. Meanwhile, Nasdaq ended with small gains. It was the fourth consecutive day of gains for Nasdaq.
SGX Nifty was up by 50 points and hovered around 17,425. Dow Futures was up by 30 points while Nikkei was up by almost 100 points.
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MCX Gold Futures settled below Rs 47,000 per 10 gram on Tuesday getting cheaper by Rs 500 while MCX Silver settled down by Rs 600 to end at below RS 64,700 per kg.
Crude oil also traded in the weaker territory to end below USD 72 on fears of demand getting hit due to the Coronavirus pandemic.
Market Regulator has issued a circular to implement T+1 settlement. Exchanges have the option to implement it by 1 January. The news was first broken on Zee Business.
There will be an important meeting of the Cabinet at 11 am along with a meeting of the Cabinet Committee of Economic Affairs (CCEA).
Decisions related to manmade fibre and approval for a Production Linked Incentive (PLI) scheme for textile sector could be made.
The decision of increasing the MSP of six Rabi crops could be taken up during the meeting.
In today’s edition of News Par Views, Zee Business Managing Editor Anil Singhvi will speak with the top management of Mahindra Life Sciences to know about business and sector outlook.
Kerala Government ends night curfew and and Sunday lockdown.
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#ZBizHeadlines | सुबह 7 बजे की तमाम बड़ी खबरें
- सेबी ने शेयर बाजार में T+1 सेटलमेंट लागू करने पर जारी किया सर्कुलर
- आज सुबह 11 बजे कैबिनेट और CCEA की बैठक
— Zee Business (@ZeeBusiness) September 8, 2021
In the much anticipated Apple Inc event on 14 September, the company could reveal iPhone 13 and Watch Series 7.
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