Stocks fell on Wednesday amid a rise in U.S. Treasury yields and the dollar on expectations of aggressive monetary tightening by the Federal Reserve. Equities declined in Australia, Japan and South Korea, while US and European futures also fell, after the S&P 500 slid on Tuesday. At 6:50 am, the Singapore-traded SGX Nifty–an early barometer of India’s benchmark Nifty 50–traded 1.08% lower at 17,478 points.
Global Cues U.S. Dollar Index at 110.46 U.S. 10-year bond yield at 3.35% on Tuesday Brent crude down 0.5% to $92.32 per barrel Nymex crude at $86.37 per barrel SGX Nifty down 0.79% to 17,535 as of 6:05 a.m
Stocks To Watch Wipro: The company has entered an expanded collaboration with Palo Alto Networks to deliver managed security and network transformation solutions like Secure Access Service Edge, cloud security and next-generation Security Operations Center solutions based on Zero Trust principles for global enterprises. Brightcom Group: The company has cancelled the definitive share purchase agree
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