Market Live Updates Today: Trends on SGX Nifty indicate a negative opening for the index in India with a 48 points loss
image for illustrative purpose
The BSE Sensex rose 383.21 points, or 0.63 percent, at 61,350.26 on October 26 and the Nifty was up 143 points, or 0.79 percent, at 18,268.40. All the sectoral indices ended higher, with auto, infra and metal indices up 1-2.5 percent.
US Markets
Gains in Tesla, Nvidia and other heavyweight technology names helped the benchmark S&P 500 index scale a record high on Tuesday, while upbeat results from UPS and GE added to optimism around the third-quarter earnings season.
The Dow Jones Industrial Average was up 125.39 points, or 0.35 percent, at 35,866.54 to hit a record high. The S&P 500 was up 24.64 points, or 0.54 percent, at 4,591.12, and the Nasdaq Composite was up 94.73 points, or 0.62 percent, at 15,321.44.
SGX Nifty
Trends on SGX Nifty indicate a negative opening for the index in India with a 48 points loss. The Nifty futures were trading at 18,285 on the Singaporean Exchange around 07:30 hours IST.
Live Updates
- 27 Oct 2021 9:12 AM IST
FII and DII data
Foreign institutional investors (FIIs) net sold shares worth Rs 2368.66 crore, while domestic institutional investors (DIIs) net bought shares worth Rs 1385.41 crore in the Indian equity market on October 25, as per provisional data available on the NSE.
- 27 Oct 2021 9:11 AM IST
Dollar edges up in steady markets
The US dollar edged up on Tuesday in narrow-range trading as markets awaited news from upcoming central bank meetings that might spark volatility.
Analysts said the dollar might continue to hold steady pending a slew of central bank meetings and economic data that could shift views on interest rates, inflation and growth rates.
- 27 Oct 2021 9:11 AM IST
Gold falls
Gold prices snapped five straight sessions of gains, shedding nearly 1 percent as the dollar firmed and strong earnings lowered investor appetite for the safe-haven asset. Spot gold was down 0.85 percent at $1,792.449 per ounce, while the U.S. gold futures for December delivery settled down 0.7 percent to $1,793.40 per ounce.
- 27 Oct 2021 9:10 AM IST
US consumer confidence rebounds; house price growth likely peaked
US consumer confidence unexpectedly rose in October as concerns about high inflation were offset by improving labor market prospects, suggesting economic growth was picking up after a turbulent third quarter.
The consumer confidence index increased to a reading of 113.8 this month from 109.8 in September, ending three straight monthly declines. The measure, which places more emphasis on the labor market, remains below its peak of 128.9 in June. The rise contrasted with the University of Michigan's survey of consumers, which showed sentiment falling early this month.
- 27 Oct 2021 9:05 AM IST
RBI imposes monetary penalty on two cooperative banks
The Reserve Bank of India (RBI) on 26 October imposed monetary penalties on two cooperative banks for various rule violations. These two banks are Vasai Vikas Sahakari Bank, Maharashtra and the Citizens Urban Co-operative Bank Ltd., Jalandhar, Punjab.
A penalty of Rs 7 lakhs was imposed on Citizens Urban Cooperative Bank for violation of norms related to income recognition, asset classification, provisioning. Also, a penalty of Rs 90 lakhs was imposed on Vasai Bank on similar violations, the RBI said.
- 27 Oct 2021 9:05 AM IST
China industrial profit growth accelerates in Sept despite cost pressures
Profits at China’s industrial firms rose at a faster pace in September even as surging raw material prices and supply bottlenecks squeezed margins and weighed on factory activity.
Profits jumped 16.3 percent on-year to 738.74 billion yuan ($115.72 billion) the statistics bureau said on Wednesday, quickening from the 10.1 percent gain reported in August.
