Market Live Updates Today: Trends on SGX Nifty indicate a negative opening for the index in India with a 81 points loss
The S&P BSE Sensex was down 19.69 points at 51,309.39 on February 10 while the Nifty50 fell 2.80 points to 15,106.50. According to pivot charts, the key support levels for the Nifty are placed at 14,999.73, followed by 14,892.97. If the index moves up, the key resistance levels to watch out for are 15,190.73 and 15,274.97.
image for illustrative purpose
The S&P BSE Sensex was down 19.69 points at 51,309.39 on February 10 while the Nifty50 fell 2.80 points to 15,106.50. According to pivot charts, the key support levels for the Nifty are placed at 14,999.73, followed by 14,892.97. If the index moves up, the key resistance levels to watch out for are 15,190.73 and 15,274.97.
The S&P 500 and the Nasdaq edged slightly lower on Wednesday as big tech stocks slid amid an ongoing rotation of portfolio holdings that gave a boost to energy shares and kept the overall market near record highs.
The Dow Jones Industrial Average rose 61.97 points, or 0.2%, to 31,437.8, the S&P 500 lost 1.35 points, or 0.03%, to 3,909.88 and the Nasdaq Composite dropped 35.16 points, or 0.25%, to 13,972.53.
Stocks were flat in early trading in Asia on Thursday as investors kept tapping the brakes on runs in asset prices after taking in tepid U.S. inflation data and comments from the Federal Reserve chief affirming the outlook for a slow recovery.
Live Updates
- 11 Feb 2021 9:37 AM GMT
NIIFL to invest $100 million from New Development Bank into the NIIF Fund of Funds
Xian Zhu, VP and COO of NDB noted that the investment will provide India’s private sector with additional funds during the time of crisis
- 11 Feb 2021 9:37 AM GMT
India has a new Soonicorn, BharatPe raises $108 million at $900 million valuation
The round was led by existing investor Coatue Management. Other existing institutional investors, including Ribbit Capital, Insight Partners, Steadview Capital, Beenext, Amplo and Sequoia Capital, also participated in the round.
- 11 Feb 2021 9:36 AM GMT
COVID-19 : The growing challenge of biomedical waste disposal
There are several lessons India must learn from the pandemic; bringing reforms and implementing better biomedical waste management techniques should be at the top
- 11 Feb 2021 9:36 AM GMT
Government has failed to stimulate demand: Chidambaram
Chidambaram claimed that the budget for 2021-22 has failed as even a small amount of cash transfer has not been given to the poor and the rations are not being continued with.
- 11 Feb 2021 9:35 AM GMT
Why are top business leaders betting big on education institutes?
The corporate honchos will access skilled quality-talent at the entry level, while their own big names will brighten the employment prospects of the candidates, who will also acquire real-world-problem-solving-skills
- 11 Feb 2021 9:35 AM GMT
Double-digit revenue growth trend may continue for some time, says Infosys CEO Salil Parekh
In an exclusive interview, Infosys CEO & MD Salil Parekh said digital and cloud capabilities are now more than half of its business and is growing at about 30 percent.
- 11 Feb 2021 9:34 AM GMT
NCLT Delhi rejects resolution plan submitted for housing project in Yamuna Expressway
Resolution plan seems to be “totally inequitable, unjust and highly objectionable”, rules NCLT and directs liquidation of Lotus City project promoted by Three C Company
- 11 Feb 2021 3:25 AM GMT
3 stocks under F&O ban on NSE
BHEL, SAIL and Sun TV Network are under the F&O ban for February 11. 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.
- 11 Feb 2021 3:24 AM GMT
FII and DII data
Foreign institutional investors (FIIs) net bought shares worth Rs 1,786.97 crore, whereas domestic institutional investors (DIIs) net sold shares worth Rs 2,075.68 crore in the Indian equity market on February 10, as per provisional data available on the NSE.
- 11 Feb 2021 3:24 AM GMT
SEBI fines NSE, Chitra Ramakrishna, Ravi Narain in co-location case
In the high profile co-location matter, markets regulator Sebi on Wednesday imposed a penalty of Rs 1 crore on the National Stock Exchange (NSE) for failing to ensure a level-playing field for trading members subscribing to its tick-by-tick (TBT) data feed system.
In addition, the regulator levied a fine of Rs 25 lakh each on NSE's former managing directors and chief executive officers Chitra Ramakrishna and Ravi Narain, according to a Sebi order. Sebi said that NSE flouted the principles underlying the conduct of business of a stock exchange, pertaining to fair and equitable access to information.
