Market Live Updates Today: Trends on SGX Nifty indicate a positive opening for the index in India with a 119-point gain.
image for illustrative purpose
The Indian stock market is expected to open in the green as trends on SGX Nifty indicate a positive opening for the index in India with a 119-point gain.
The Sensex closed 536 points, or 1.13 percent, lower at 46,874.36 on January 28 and the Nifty settled 150 points, or 1.07 percent, down at 13,817.55.
According to pivot charts, the key support level for the Nifty is placed at 13,721.07, followed by 13,624.63. If the index moves up, the key resistance levels to watch out for are 13,906.07 and 13,994.63.
The Dow Jones Industrial Average rose 300.19 points, or 0.99%, to 30,603.36, the S&P 500 gained 36.61 points, or 0.98%, to 3,787.38 and the Nasdaq Composite added 66.56 points, or 0.5%, to 13,337.16.
Asian stocks were set to rise on Friday after U.S. shares rallied and the dollar eased overnight, as fears of social-media driven hedge fund selling abated and the U.S. earnings season got off to a strong start.
In early Asian trade, Australia's S&P/ASX 200 benchmark was up 1.15%, Japan's Nikkei futures rose 1.39% and Hong Kong's Hang Seng index futures gained 1.47%.
Stay Tuned For More Live Updates.
Live Updates
- 29 Jan 2021 2:43 PM IST
Boeing official confident over growth prospects of US-India strategic ties under Biden admin
Over the last decade, Boeing has been one of the prime drivers of India-US defence trade.
- 29 Jan 2021 2:42 PM IST
Marico eyes Rs 100 crore revenue from Saffola honey in FY22
On January 28, Marico reported a 13.04 percent year-on-year increase in consolidated net profit to Rs 312 crore for the quarter ended December 31, 2020.
- 29 Jan 2021 2:42 PM IST
Indian Railway Finance Corporation debuts at discount, what should investors do?
The share is worth holding long term, at least for three to four quarters, says Gaurav Garg of CapitalVia Global Research. He expects IRFC to give good returns.
- 29 Jan 2021 2:41 PM IST
Budget 2021 could focus on sustainable development in agriculture
India is a food surplus economy, but is not able to efficiently market frequent surpluses in global markets, nor in deficient areas domestically. The Budget could address this gap
- 29 Jan 2021 2:41 PM IST
Mumbai’s commercial net absorption up 241% in Q4 2020 vs Q3: JLL
Leasing activity during the quarter was driven by occupiers from BFSI, consulting, IT/ITeS and manufacturing/industrial sectors
- 29 Jan 2021 2:41 PM IST
Indigo Paints finalised IPO share allotment, here is how to check the application status
The company will list its equity shares on bourses on February 2
- 29 Jan 2021 2:40 PM IST
ArcelorMittal Nippon Steel India inks Rs 5,000 crore pact with POSCO Maharashtra Steel to supply hot rolled coils
While AM/NS India is a 60:40 joint venture between Luxembourg-based ArcelorMittal and Japan''s Nippon Steel, POSCO Maharashtra Steel is the Indian subsidiary of South Korean steel major POSCO.
- 29 Jan 2021 2:39 PM IST
IOC board clears Rs 31,500-crore Nagapattinam refinery project; expects fuel demand to be normal soon
The new refinery will be a joint venture between Chennai Petroleum Corporation Ltd and IOC.
- 29 Jan 2021 8:51 AM IST
FII & DII data
Foreign institutional investors (FIIs) sold shares worth Rs 3,712.51 crore while domestic institutional investors (DIIs) bought shares worth Rs 1,736.92 crore in the Indian equity market on January 28, as per provisional data available on the NSE.
- 29 Jan 2021 8:50 AM IST
SEBI bans three cos for providing unauthorised investment advisory services
SEBI has barred Vishwas Stocks Research, Dalal Stocks Advisory and Devki Stocks as well as their directors from the capital markets for providing unauthorised investment advisory services to investors. Besides, they have been prohibited from acting as investment advisors till further directions, the regulator said in an interim order.
SEBI found that the three companies held themselves as investment advisors and collected subscription fees from investors for providing stock recommendations without obtaining a registration in their own names as required under the Investment Advisers (IA) norms.
