Market Live Updates Today: Trends on SGX Nifty indicate a positive opening for the index in India with a 30-points gain.
image for illustrative purpose
According to pivot charts, the key support levels for the Nifty are placed at 18,164.5, followed by 18,062.4. If the index moves up, the key resistance levels to watch out for are 18,413.5 and 18,560.4.
US Markets
The S&P 500 and the Dow climbed on Wednesday with the Dow hitting an intraday record high as investors eyed better than expected third-quarter earnings from U.S. companies.
The Dow Jones Industrial Average rose 152.03 points, or 0.43%, to 35,609.34, the S&P 500 gained 16.56 points, or 0.37%, to 4,536.19 and the Nasdaq Composite dropped 7.41 points, or 0.05%, to 15,121.68.
Asian Markets
Stocks in Asia-Pacific were mixed in Thursday trade, as investors monitored shares of developer China Evergrande Group in Hong Kong.
In Japan, the Nikkei 225 slipped 0.28% while the Topix index dipped 0.21%. South Korea's Kospi edged 0.08% lower.
SGX Nifty
Trends on SGX Nifty indicate a positive opening for the index in India with a 30-points gain. The Nifty futures were trading at 18,347 on the Singaporean Exchange around 07:30 hours IST.
Live Updates
- 21 Oct 2021 9:22 AM IST
RBI imposes Rs 1 crore penalty on Paytm Payments Bank
The Reserve Bank of India (RBI) on October 20 said it has imposed a monetary penalty of Rs one crore on Paytm Payments Bank Limited (PPBL) for certain violations.
On examination of Paytm payments bank’s application for issue of final Certificate of Authorisation, the RBI observed that PPBL had submitted information that did not reflect the factual position, the central bank said.
- 21 Oct 2021 9:21 AM IST
Oil rallies as US crude stocks decline in tight market
Oil prices rallied on Wednesday after US crude inventories at the nation's largest storage site hit their lowest level in three years and nationwide fuel stocks fell sharply, a signal of rising demand.
Brent crude futures settled at $85.82 a barrel, a gain of 0.9% or 74 cents and the highest since October 2018.
- 21 Oct 2021 9:21 AM IST
China Evergrande shares fall in resumed trade after $2.6 billion deal collapses
Shares of China Evergrande Group slid as much as 14% on Thursday after a deal to sell a $2.6 billion stake in its property services unit fell through, in the latest blow to the developer whose massive debt woes have rattled global markets.
Evergrande said on Wednesday it had scrapped a deal to sell a 50.1% stake in Evergrande Property Services Group Ltd to Hopson Development Holdings Ltd as the smaller rival had not met the “prerequisite to make a general offer”.
- 21 Oct 2021 9:20 AM IST
Bitcoin notches record high
Bitcoin climbed to a record high on Wednesday, and the first US bitcoin futures-based exchange-traded fund (ETF) built on gains after a solid debut on Tuesday. The world's leading cryptocurrency was up 3.30% at $66,364.72, after reaching a record of $67,016.50, topping the $64,895.22 hit on April 14 this year.
