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HomeBusinessMARKET LIVE: Sensex slips 100pts, Nifty50 below 18,150 in pre-open deals

MARKET LIVE: Sensex slips 100pts, Nifty50 below 18,150 in pre-open deals

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Globally, the US slipped overnight, weighed down by energy stocks as crude oil prices dropped. Dow Jones, the S&P 500, and NASDAQ Composite indices declined up to 1 per cent.
This morning, in Asia-Pacific, meanwhile, were mixed as Nikkei 225, Topix, and the S&P 200 advanced up to 1 per cent. Kospi, Kosdaq, and Shanghai Composite indices, however, were muted.
At the commodities front, prices of Brent Crude rebounded marginally from early losses after Saudi Arabia refuted reports of increasing oil supply with OPEC and its allies. Brent Crude hovered around $87 per barrel, up 0.07 per cent, whereas WTI Crude slipped below $80 per barrel, down 0.4 per cent.

Among individual stocks, shares of NDTV will be in focus as Adani Group’s open offer to buy additional 26 per cent stake in the company kicks off today.

Besides, shares of JK Paper will be closely tracked after the company plans to acquire Horizon Packs and Securipax Packaging for Rs 578 crore.



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