Dow gains 500 pts as Oil dips; Fed, BoJ policy in focus
Stock market updates on October 31, 2023: Fronline indices are likely to extend the pullback in early deals on Tuesday following the sharp rally in the US market.
At 07:00 AM, Gift Nifty futures quoted at 19,235 as against Nifty50 close of 19,141 yesterday.
Overnight the Wall Street ended with strong gains as crude oil prices dipped and yen rose to a two-week high versus dollar after reports suggested that the Bank of Japan was considering tweaking its yield curve control policy.
Brent Crude Oil prices tumbled over 3 per cent to $86.50-odd levels on Monday. Investors now await cues from the US Federal Reserve for its policy decision on Wednesday.
Cues from the Asia-Pacific region were mixed. The S&P/ASX 200 and All Ordinaries were up 0.4 per cent...