Stock Market Today: Asian shares trade lower, gloomy start on cards?

Stock Market Today: The Nifty futures contract was down 37.5 points, or 0.21 percent, at 17,820 on the Singapore Exchange, indicating Dalal Street would have a down day on Wednesday. Summary index On Tuesday, Nifty displayed a little Doji candlestick shape, signifying conflict between bulls and bears. According to Chandan Taparia of Motilal Oswal, it must now maintain above 17717 zones in order to advance upward towards 17850 and 17950 zones. On the downside, supports are located at 17620 and 17550 marks.

Stock Market Today: Wall Street and Rupees

Wall Street's major indexes had their biggest drops this month as a pessimistic UPS prediction on Tuesday heightened investor concerns about a weakening U.S. economy while falling deposits at a local First Republic Bank increased anxiety about the state of the banking industry.
The rupee lost 3 paise to end the day at 81.95 against the US dollar, under pressure from a strong foreign dollar and ongoing outflows of foreign funds.

Oil prices rise on US crude, fuel stock draws

After a U.S. trade group reported a big draw in crude oil stocks ahead of the release of official data, oil prices increased in early Asian trade on Wednesday. At $80.93 a barrel, Brent crude increased by 16 cents, or 0.2%.

Asian shares wallowed at one-month lows as bank worries weigh

U.S. stock futures bounced as buybacks and earnings beats boosted tech giants in after-hours trade, although Asian shares wallowed at one-month lows on Wednesday, with investors turning nervous on the outlook for the world's two biggest economies.

Stock Market Today: Tata Consumer Products Q4 Earnings

Tata Consumer Products on April 25 reported consolidated net profit for the quarter ended March 2023 at Rs 268.59 crore, up 23.46 percent from Rs 217.54 crore in the same quarter last year.

Revenue from operation came in at Rs 3,618.73 crore, registering a growth of 13.96 percent from Rs 3,175.41 crore in the year-ago quarter, the company said in a regulatory filing.

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