Market Live Updates Today: Trends on SGX Nifty indicate a flat opening for the index in India with a 6 points gain
The Indian stock market is expected to open on a cautious note as trends on SGX Nifty indicate a flat opening for the index in India with a 6 points gain.
image for illustrative purpose
Sensex closed 458 points, or 0.92 percent, higher at 50,255.75 on February 3 and Nifty closed with a gain of 142 points, or 0.97 percent, at 14,789.95. According to pivot charts, the key support levels for the Nifty are placed at 14,619.87, followed by 14,449.73. If the index moves up, the key resistance levels to watch out for are 14,914.47 and 15,038.93.
The Dow and S&P 500 rose slightly on Wednesday, registering a third straight session of gains, with Alphabet Inc's shares hitting a record high following its strong quarterly results.
Asian stocks came under pressure on Thursday as a mixed Wall Street session gave investors few immediate reasons to increase their risk positions following the recent social media-driven trading chaos.
Stay Tuned For More Live Updates
Live Updates
- 4 Feb 2021 2:53 PM IST
Bajaj Electricals posts net profit of Rs 98.2 crore in Q3
For Q3, the income from operations stood at Rs 1,500 crore, a YoY rise of 16.8 percent.
- 4 Feb 2021 2:52 PM IST
Mahindra & Mahindra recalls 1,577 units of diesel Thar to replace faulty engine part
The Mumbai-based auto major said it would undertake proactive inspection and replacement of camshaft on a batch of 1,577 units of Thar diesel variants, manufactured between September 7 and December 25, 2020.
- 4 Feb 2021 2:52 PM IST
Unilever sets long-term targets as China, India rebound
But the company's emerging market performance in the fourth quarter missed some market expectations, hitting the group's shares which lost around 4% in early London trading.
- 4 Feb 2021 2:51 PM IST
Hold Bank of Baroda: target of Rs 70: ICICI Direct
ICICI Direct recommended hold rating on Indus Towers with a target price of Rs in it70s research report dated January 29, 2021.
- 4 Feb 2021 2:51 PM IST
Reduce Maruti Suzuki India: target of Rs 7000: ICICI Direct
ICICI Direct recommended reduce rating on Maruti Suzuki India with a target price of Rs 7000 in its research report dated January 29, 2021.
- 4 Feb 2021 2:51 PM IST
India warns rising oil prices may dampen global economic recovery
Global crude oil prices rose to their highest in about a year this week as production cuts by the Organization of the Petroleum Exporting Countries and their allies including Russia tilted the market balance towards a deficit.
- 4 Feb 2021 2:50 PM IST
Tweets on farmers' stir a conspiracy to defame India: Devendra Fadnavis
Talking to reporters in Nagpur, the former Maharashtra chief minister said some external forces do not want any stability in the country and this been now exposed these tweets.
- 4 Feb 2021 8:50 AM IST
1 stock under F&O ban on NSE
SAIL is under the F&O ban for February 4. Securities in the ban period under the F&O segment include companies in which the security has crossed 95 percent of the market-wide position limit.
- 4 Feb 2021 8:49 AM IST
FII and DII data
Foreign institutional investors (FIIs) net bought shares worth Rs 2,520.92 crore, whereas domestic institutional investors (DIIs) net sold shares worth Rs 399.74 crore in the Indian equity market on February 3, as per provisional data available on the NSE.
- 4 Feb 2021 8:49 AM IST
LIC IPO may hit market in Q4 of next fiscal: DEA Secretary Tarun Bajaj
The initial public offering of LIC may hit the market in the fourth quarter of next financial year, and the government has introduced amendments to the Life Insurance Corporation Act 1956 to facilitate this, Economic Affairs Secretary Tarun Bajaj said on Wednesday.
