Market Live Updates Today: Trends on SGX Nifty indicate a negative opening for the index in India with an 88 points loss.
image for illustrative purpose
The BSE Sensex declined 49.96 points to 52,104.17 on February 16 while the Nifty50 fell 1.20 points to 15,313.50. According to pivot charts, the key support levels for the Nifty are placed at 15,226.53, followed by 15,139.57. If the index moves up, the key resistance levels to watch out for are 15,416.13 and 15,518.77.
The Dow Jones Industrial Average rose 63.82 points, or 0.2%, to 31,522.22, the S&P 500 lost 2.25 points, or 0.06%, to 3,932.58 and the Nasdaq Composite dropped 47.98 points, or 0.34%, to 14,047.50.
Asian Markets
Asian markets pointed to a mixed open on Wednesday, as investors juggle the prospects for an economic comeback and additional stimulus with continued pandemic concerns.
Live Updates
- 17 Feb 2021 2:30 PM IST
Opening Bells: Brokerages step up hiring to keep pace with stock market surge
Recruitment in the broking business is in full swing across sales, marketing, technology, digital platform and innovation teams
- 17 Feb 2021 2:30 PM IST
When you go fully remote, terms and conditions apply
Remote working isn’t for everybody or every industry. Already there are murmurs that many companies are rethinking their decision to go fully remote and may be considering a hybrid option
- 17 Feb 2021 2:29 PM IST
Nureca IPO subscribed 19 times, QIB portion booked 67% on final day
The company works on an asset light business model which doesn't require to invest heavily on physical assets such as plant and machinery, land and property, Hem Securities said.
- 17 Feb 2021 2:29 PM IST
Ordered some veggies? This startup brings a truckload to your doorstep!
Bok choy, lettuce or spinach, Delhi-based VegEase sends you a van full to choose from. It has 85 vans at present, and plans to increase the number of trucks to 500 in Delhi NCR alone by May. Foray into other cities by March on the cards.
- 17 Feb 2021 2:28 PM IST
The auto industry bets its future on batteries
Demand for this indispensable component is exceeding supply, prompting a global gold rush among investors, established companies and startups to develop the technology and build the factories for electric cars
- 17 Feb 2021 2:28 PM IST
SBI launches Xpress Credit Personal Loan; here's how to apply, eligibility and other features
Customers holding a salary account with SBI and a minimum monthly income of Rs 15,000 is eligible to apply for Xpress Credit personal loan. The interest rate on this SBI loan is 9.60 percent.
- 17 Feb 2021 2:27 PM IST
BSH Home Appliances eyes a higher pie of the Indian appliance market focuses on more made-in-India products
German firm already starts shifting production of goods from China to India. Company to enter the cooktop segment in India in August 2021 through the Bosch brand to complete their product suite in the kitchen segment.
- 17 Feb 2021 8:51 AM IST
1 stock under F&O ban on NSE
SAIL is under the F&O ban for February 17. 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.
- 17 Feb 2021 8:50 AM IST
FII and DII data
Foreign institutional investors (FIIs) net bought shares worth Rs 1,144.09 crore, whereas domestic institutional investors (DIIs) net sold shares worth Rs 1,559.53 crore in the Indian equity market on February 16, as per provisional data available on the NSE.
- 17 Feb 2021 8:50 AM IST
Lodha Developers files papers with Sebi for Rs 2,500-crore IPO
Macrotech Developers (formerly Lodha Developers), one of India’s largest real estate players, has filed a draft red herring prospectus with market regulator Securities and Exchange Board of India (Sebi) to raise around Rs 2,500 crore via an initial public offer.
“The e-filing of the DRHP has been done. The Lodha IPO is majorly a primary issue of shares and the proceeds are likely to be used for debt reduction, land acquisition and for new projects,” said one of the persons cited above. In 2018, the realtor had said a major chunk of the IPO proceeds would be used towards debt repayment.
