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Market move● Neutral for Indian equities
Asian stocks rise as falling oil eases pressure; Nikkei jumps up to 1.56%
The brief
- Nikkei jumped up to 1.56% as falling oil eased pressure on Asian stocks
- The 30-year US Treasury yield rose above 5.61%, its highest since 2002
- Lower crude may ease input costs for Indian airlines and oil marketing companies; higher US yields pressure equities
- China factory activity expands for first time in three months in September
- Markets at 6-month low, Nifty sinks below 23,000
- EXCLUSIVE: Japan top FX diplomat urges markets to heed 'very clear' warning on yen
- Nifty slips below 23,000 as bank stocks tumble
- Chinese Stocks Hit One-Year Low as Chip, Optical Firms Slide