Market Live Updates Today: Trends on SGX Nifty indicate a lower start for the broader index in India. It is down around 106 points from its January 25 closing of 14,239.
The Indian stock market is expected to open in the red as it is down around 106 points from its January 25 closing of 14,239.
image for illustrative purpose
The S&P BSE Sensex fell 530.95 points or 1.09 percent to 48,347.59 on January 25 while the Nifty50 corrected 133 points or 0.93 percent to close at 14,238.90 and formed a bearish candle on the daily charts.
According to pivot charts, the key support levels for the Nifty are placed at 14,141.3, followed by 14,043.7. If the index moves up, the key resistance levels to watch out for are 14,413.8 and 14,588.7.
The S&P and Nasdaq slipped on Tuesday from record closing levels as investors digested a batch of corporate earnings results, while an expected policy announcement from the Federal Reserve on Wednesday helped to limit moves.
The Dow Jones Industrial Average fell 22.96 points, or 0.07%, to 30,937.04, the S&P 500 lost 5.74 points, or 0.15%, to 3,849.62 and the Nasdaq Composite dropped 9.93 points, or 0.07%, to 13,626.07.
Asian equities looked set to rise on Wednesday, bouncing back from a steep sell-off on Tuesday, while Australian stocks were seen opening weaker in a catchup after a Tuesday holiday.
Live Updates
- 27 Jan 2021 2:19 PM IST
Apple to announce quarter results today; India to show big growth
Apple doubled its market share in India to 4 percent largely due to improved sales of older units.
- 27 Jan 2021 2:18 PM IST
Stove Kraft IPO subscribed fully, retail portion booked 8 times on day 2
The Rs 413-crore Stove Kraft IPO has received bids for 86.95 lakh equity shares against offer size of 58.94 lakh equity shares.
- 27 Jan 2021 2:17 PM IST
Adani Ports to raise $500 million from overseas bond sale
The company will use the proceeds from the issue for primarily for refinancing the early redemption of its dollar bonds due in 2022.
- 27 Jan 2021 2:17 PM IST
Dip in market ahead of Budget 2021 might not be bad: What should be your investment strategy?
GDP numbers suggest that we are in a technical recession but things could reverse very quickly without giving much time or opportunity for investors to react.
- 27 Jan 2021 2:16 PM IST
Protesting farmers and a resolute government: Where will the twain meet?
If the government’s strategy is to tire the farmers into returning their homes, it seems to have underestimated the trust deficit between itself and the protesting farmers.
- 27 Jan 2021 2:16 PM IST
India Cements reports Q3 PAT of Rs 62 crore against Rs 5.4 crore loss YoY; stock still trades flat
The cement maker reported standalone net profit at Rs 62 crore against Rs 5.4 crore loss (YoY). The company's standalone revenue went down 2.6 percent at Rs 1,160 crore against Rs 1,191.1 crore (YoY).
- 27 Jan 2021 2:15 PM IST
Home First Finance Company IPO allotment: How to check application status
The unblocking of funds from ASBA account after the finalisation basis of allotment will take place on February 1 and the shares alloted will get credited to demat accounts of eligible investors on February 2.
- 27 Jan 2021 2:14 PM IST
Budget 2021: Income tax relief on cards; FM Sitharaman may revise tax slabs, raise standard deduction
The various tax measures reportedly under consideration could provide relief of up to Rs 80,000 in the income tax liability of taxpayers.
- 27 Jan 2021 10:01 AM IST
3 stocks under F&O ban on NSE
NALCO, PNB and SAIL are under the F&O ban for January 27. 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.
- 27 Jan 2021 10:00 AM IST
FII and DII data
Foreign institutional investors (FIIs) net sold shares worth Rs 765.3 crore, while domestic institutional investors (DIIs) net sold shares worth Rs 387.76 crore in the Indian equity market on January 25, as per provisional data available on the NSE.
