Stock Market Today: The Indian indices opened flat on May 15 due to poor global cues. The Sensex was up 43.76 points, or 0.07%, at 62,071.66, while the Nifty was up 15.50 points, or 0.08%, at 18,330.30. Around 1276 shares rose, 821 fell, and 164 were unchanged. Cipla, Adani Enterprises, Divis Labs, Sun Pharma, and Tata Consumer Products were among the major gainers on the Nifty, while Cipla, Adani Enterprises, Divis Labs, Sun Pharma, and Tata Consumer Products were among the significant losers.
Asian Markets
The Nikkei 225 in Japan increased by more than 117 points or 0.4% at the time of writing as Asian markets traded mixed. However, the S&P 200 index in Australia and the Hang Seng index both had declines of less than 100 points. However, the Shanghai Composite Index fell by more than 1.1%. Important economic statistics from China and Japan as well as the central bank's rate decision in the Philippines are also likely to influence the mood in Asian signals.
Stock Market Today: US markets
The S&P 500 also decreased to end the day at 4,124.08, while the Dow Jones Industrial Average decreased slightly to settle at 33,300.62. The tech-heavy Nasdaq fell by 0.4% more quickly than its rivals to end the day at 12,284.74.
The Dow Jones fell by 414.53 points, or 1.23%, week over week, in the week that ended May 12. The weekly decline in the S&P 500 index, though, was slight. The Nasdaq index performed better overall over the course of the week than these other two indices, rising 53.06 points or 0.43%.
Crude oil prices
The price of oil fell for the fourth week in a row, with a weekly decline of 1.5%. Last week's Friday saw a 1.1% decline in the price of Brent crude futures to $74.17 per barrel while the price of US West Texas Intermediate (WTI) fell 1.2% to close at $70.04 per barrel.
Fears about supply and resurfaced worries about an economic downturn in important nations like the US and China divided investors' gloomy mood. Additionally, a higher dollar lowered oil prices.
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