US Oil Stocks Rally In Pre-Market Trade After Capture Of Venezuela’s Maduro
The United States’ capture of Venezuela’s Nicolas Maduro may have significant ramifications for the global oil markets, with the South American nation holding the largest oil reserves in the world.
While all eyes will be on the US market opening on Monday, big oil stocks in the US have already started reacting in pre-market trade, with the likes of Chevron, Valero and ConocoPhillips leading gains.
Shares of Chevron are gaining as much as 11% in pre-market trade, mirroring gains of both Valero and ConocoPhillips.
Nifty Today: What F&O Cues Indicate
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Nifty January futures up by 0.71% to 26,478 at a premium of 332 points.
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Nifty January futures open interest down by 2.15%.
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Nifty Options on Jan 6: Maximum Call open interest at 27,000 and Maximum Put open interest at 26,000.
Dollar Check
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The US Dollar index is up 0.17% at 98.32.
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Euro was down 0.17% at 1.1701.
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Pound was down 0.16% at 1.3440.
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Yen was up 0.13% at 157.04.
Stock Market News Live: Global Check
Asian equities climbed to a record as investors added to bets on technology shares, building on last year’s rally in chipmakers and artificial-intelligence–linked companies.
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S&P 500 futures rose 0.1% as of 10:18 a.m. Tokyo time
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Japan’s Topix rose 1.9%
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Australia’s S&P/ASX 200 was little changed
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Hong Kong’s Hang Seng rose 2.8%
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The Shanghai Composite was little changed
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Euro Stoxx 50 futures rose 0.5%
Stock Market Live Updates: GIFT Nifty Indicates Positive Start
Good morning readers.
The GIFT Nifty was trading above 26,500 early on Monday. The futures contract based on the benchmark Nifty 50 rose 0.27% at 26,538 as of 6:47 a.m. indicating a positive start for the Indian markets.
In the previous session on Friday, the benchmark ended higher. The NSE Nifty 50 ended 182 points or 0.70% higher at 26,328.55, while the BSE Sensex closed 573.41 points or 0.67% higher at 85,762.01.
. Read more on Markets by NDTV Profit.