Market Live Updates Today: The Indian stock market is expected to open in the red as trends on SGX Nifty indicate a gap-down opening with a 281 points loss.
The S&P BSE Sensex climbed 257.62 points to 51,039.31 on February 25 while the Nifty50 gained 115.40 points at 15,097.40 levels.
image for illustrative purpose
The S&P BSE Sensex climbed 257.62 points to 51,039.31 on February 25 while the Nifty50 gained 115.40 points at 15,097.40 levels.
According to pivot charts, the key support levels for the Nifty are placed at 15,049.57, followed by 15,001.83. If the index moves up, the key resistance levels to watch out for are 15,160.77 and 15,224.23.
The Dow Jones Industrial Average closed 559.85 points lower, or 1.75%, to 31,402.01, the S&P 500 lost 96.09 points, or 2.45%, to 3,829.34 and the Nasdaq Composite dropped 478.54 points, or 3.52%, to 13,119.43.
Asian stocks opened sharply lower on Friday after Wall Street's main indexes tumbled, with technology-related stocks under pressure following a steep rise in benchmark U.S. Treasury yields.
Live Updates
- 26 Feb 2021 3:11 PM IST
Global Soft Power Index 2021: India slips to rank 36 despite scoring high in easy to do business with metric
India’s perceived difficulties in tackling the health repercussions and economic impact of the virus outweighed their moderately positive perceptions in the Culture & Heritage pillar, said report by brand Finance.
- 26 Feb 2021 3:11 PM IST
SEBI investigations into serious violations of market rules pile up
Nearly 63% of all matters probed under Section 11, 11B & 11D of SEBI Act are older than two years; it was less than 21% in FY16
- 26 Feb 2021 3:10 PM IST
Crude at one-year high on OPEC supply squeeze, demand recovery
A surge in demand is likely due to a rebound in the global economy and hopes of more fiscal stimulus measures from top economies.
- 26 Feb 2021 3:09 PM IST
Need to increase credit flow to businesses as economy grows: PM Modi
PM Modi said that although the government’s endeavour is to promote the private sector, public sector presence in banking and insurance is also required.
- 26 Feb 2021 3:09 PM IST
IIFL Finance to open public issue of bonds next week to raise Rs 1,000 crore
The public issue of bonds will open on March 3, 2021 for the purpose of business growth and capital augmentation.
- 26 Feb 2021 3:08 PM IST
Bitcoin falls over 5% to $44,466, close to lowest in over 2 weeks
Bitcoin, the world's biggest and best-known cryptocurrency, has risen as much as 70% from the start of the year, hitting a record high of $58,354.14.
- 26 Feb 2021 3:07 PM IST
HDFC Mutual fund sells 2.73% stake in Just Dial for over Rs 108 crore
According to a regulatory filing, the schemes of HDFC Mutual Fund, which held 8.33 percent stake in Just Dial earlier, sold 1,690,653 shares constituting 2.73 percent stake in the open market transaction.
- 26 Feb 2021 8:53 AM IST
RailTel Corporation to list on bourses today
RailTel Corporation of India, one of the largest neutral telecom infrastructure providers in India, is likely to list with a 10-25 percent premium on February 26 given its monopolistic business, diversified portfolio of service and solution, and key position as a partner in digital transformation of the Indian Railways, experts feel.
- 26 Feb 2021 8:52 AM IST
Institutional investments in Indian real estate expected to grow by 14.6% to Rs 396 bn in 2021: Colliers
Investments in Indian real estate are expected to grow by 14.6% to Rs 396 billion from Rs 346 billion in 2020 as institutional investors continue to be bullish on Indian real estate asset classes such as offices, data centers and warehouses and are looking to deploy their existing dry powder, Colliers has said in its report.
“The investment climate in India is very buoyant with global investors’ interest in real assets getting stronger. Further, the resilience of the Indian market is also evident from continued good housing sales performance across various markets, the large institutional investments in commercial office and industrial parks, and the listing of two REITs in the past six months,” said Piyush Gupta, Managing Director, Capital Markets & Investment Services (India) at Colliers.
- 26 Feb 2021 8:51 AM IST
Anticipating 2021 boom, US Q4 GDP revised up slightly to 4.1%
The economy grew at a 4.1 percent pace in the final three months of 2020, slightly faster than first estimated, ending a year in which the overall economy, ravaged by a global pandemic, shrank more than in any year in the past seven decades.
The 4.1 percent gain in the gross domestic product — the broadest measure of economic health — is a slight upward revision from 4 percent growth in the first estimate released a month ago, the Commerce Department reported Thursday.
