Market Live Updates Today: Trends on SGX Nifty indicate a flat to positive opening for the index in India with a 43 points gain
image for illustrative purpose
According to pivot charts, the key support levels for the Nifty are placed at 17,901.63, followed by 17,811.37. If the index moves up, the key resistance levels to watch out for are 18,045.43 and 18,098.96.
US Markets
The Dow Jones Industrial Average fell 117.72 points, or 0.34%, to 34,378.34, the S&P 500 lost 10.54 points, or 0.24%, to 4,350.65 and the Nasdaq Composite dropped 20.28 points, or 0.14%, to 14,465.93.
Asian Markets
Asian indices were trading mixed with Straits Times and Kospi gaining 1 percent each, while Taiwan Weighted and Shanghai Composite are trading flat.
SGX Nifty
Trends on SGX Nifty indicate a flat to positive opening for the index in India with a 43-points gain. The Nifty futures were trading at 18,048 on the Singaporean Exchange around 07:30 hours IST.
Live Updates
- 13 Oct 2021 9:07 AM IST
Results on October 13
Infosys, Wipro, Mindtree, Advik Laboratories, Aditya Birla Money, Morarka Finance, National Standard, Perfect-Octave Media Projects, Plastiblends India, Raghav Productivity Enhancers, SDC Techmedia, Sanathnagar Enterprises, Stratmont Industries, and Unistar Multimedia will release quarterly earnings on October 13.
- 13 Oct 2021 9:07 AM IST
RBI grants small finance bank licence to Unity SFB, consortium of Centrum and BharatPe
The Reserve Bank of India (RBI) on October 12 issued a small finance bank licence to the consortium of Centrum Financial Services Limited (Centrum), and Resilient Innovations Private Limited (BharatPe), Centrum said in an exchange filing.
- 13 Oct 2021 9:06 AM IST
RBI cancels registrations of six NBFCs
The Reserve Bank of India (RBI) on October 12 announced the cancellation of registration (licenses) of six NBFCs.
The list includes names such as Cartel Finance and Investments Private Limited, Alamgir Motor Finance Limited, Nau-Nidh Finance Limited, Kim Investment Limited, Sambandh Finserve Private Limited, and BTL Holding Company Limited.
- 13 Oct 2021 9:06 AM IST
TPG Group to invest Rs 7,500 crore in Tata Motors’ new electric vehicle subsidiary
Tata Motors on October 12 announced that private equity firm TPG Group would be investing Rs 7,500 crore in its new wholly-owned electric vehicle subsidiary.
The investment would be made in tranches, over a period of 18 months from the date of completion of the first tranche.
- 13 Oct 2021 9:05 AM IST
Govt removes restrictions on domestic flight capacity from October 18
Domestic flights will be allowed to operate at full capacity from October 18, the government said in an order issued on October 12.
The decision to ease the norms was taken after reviewing the current air travel demand, the Ministry of Civil Aviation said.
"After review of the current status of Scheduled Domestic Operations viz-a-viz passenger demand for air travel", it has been decided to "restore the scheduled domestic air operations with effect from 18-10-2021 without any capacity restriction," the ministry stated.
- 13 Oct 2021 9:05 AM IST
September retail inflation at 4.35%, lowest since April
The Consumer Price Index-based (CPI) inflation for September 2021 came in at 4.35 percent, compared with 5.30 percent in August, data released by the National Statistical Office (NSO) showed on October 12. This is the lowest retail inflation print since April 2021.
The fall in headline retail inflation was primarily on the back of a sharp cooling in food inflation. Consumer Food Price Inflation (CFPI) for September stood at 0.68 percent in September, compared with 3.11 percent in August.
- 13 Oct 2021 9:04 AM IST
August IIP holds firm at 11.9% as low base effect wears off
As the low base effect slowly wears off, industrial production in India continued to stabilise in August, expanded by 11.9 percent year-on-year (YoY) in August, rising slightly from 11.4 percent in July.
- 13 Oct 2021 9:04 AM IST
Indian economy to grow at 9.5% this year and 8.5% in 2022: IMF
India's economy, which contracted by 7.3 percent due to the COVID-19 pandemic, is expected to grow by 9.5 per cent in 2021 and 8.5 per cent in 2022, according to latest projections released by the International Monetary Fund on Tuesday.
