Stock Market Today: Benchmarks Extend Losses, Investors Cautious

Although the Indian stock market is showing a downward trend today, Asian and US markets are trading positively. Sensex and Nifty Bank opened with losses, while US indices reached record highs. Crude oil prices remain stable.

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Stock Market Downward Trend

On Jan 12, the market's downward trend continues. Indian indices opened with losses. The Sensex is down 0.17%, and Nifty Bank opened 0.06% lower.

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How are Asian markets doing?

Asian markets started the week positively. Australia's S&P/ASX 200 rose 0.71%, and South Korea's Kospi gained 0.83%. The Japanese market is closed for a holiday.

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Trading in the US Market

On Friday, Jan 9, US equity benchmarks closed at record highs. The S&P 500 rose 0.65%, Nasdaq 0.81%, and the Dow Jones Industrial Average gained 0.48% to a new record.

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US Dollar

Monday morning, the US Dollar Index (DXY) fell 0.01% to 99.13. Earlier, on Jan 9, the rupee closed 0.14% stronger at 90.17 against the dollar. DXY tracks the USD vs major currencies.

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Crude Oil Prices

Oil prices were stable Monday amid Iran protests, as investors watched for supply issues from US sanctions. On Friday, WTI crude rose 0.49% to $59.41, Brent crude up 0.41% to $63.62.

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