Market Live Updates Today: Trends on SGX Nifty indicate a positive opening for the index in India with a 36 points gain
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 36 points 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 36 points gain.
On November 4, the BSE Sensex settled above 60,000, rising 295.70 points to 60,067.62, while the Nifty50 climbed 87.60 points to 17,916.80 and formed bearish candle which resembles Doji kind of pattern formation on the daily charts. The index gained 1.4 percent during the week and saw bullish candle pattern formation on the weekly scale.
US Markets
The Dow Jones Industrial Average rose 203.72 points, or 0.56%, to 36,327.95, the S&P 500 gained 17.47 points, or 0.37%, to 4,697.53 and the Nasdaq Composite added 31.28 points, or 0.2%, to 15,971.59.
Asian Markets
Asian shares edged up on Monday as risk assets basked in the glow of the upbeat October payrolls report, though caution was warranted ahead of a reading on US inflation that could spook the rate horses.
Early moves were modest with MSCI's broadest index of Asia-Pacific shares outside Japan up 0.1%. Japan's Nikkei added 0.3%, but was just short of the recent five-week peak.
Live Updates
- 8 Nov 2021 9:04 AM IST
FII and DII data
Foreign institutional investors (FIIs) net sold shares worth Rs 328.11 crore, while domestic institutional investors (DIIs) net bought shares worth Rs 38.25 crore in the Indian equity market on November 4, as per provisional data available on the NSE.
- 8 Nov 2021 9:04 AM IST
India's forex reserves increase by $1.9 billion to $642 billion
India's forex reserves have increased by $1.919 billion to $642.019 billion for the week ended October 29 on a healthy increase in the currency assets and value of gold, the Reserve Bank said on Friday.
The overall reserves had declined by $908 million to $640.1 billion at the end of the previous reporting week. Foreign currency assets, a major part of the overall reserves, increased by 1.363 billion to $578.462 billion for the reporting week, the RBI said in the weekly data.
- 8 Nov 2021 9:03 AM IST
Paytm IPO opens today
One97 Communications-owned Paytm will launch its initial public offering for subscription in the coming week. This is the largest-ever public issue in the history of Indian capital markets. Before this, state-run coal mining company Coal India had the biggest IPO of more than Rs 15,000 crore in October 2010.
- 8 Nov 2021 9:03 AM IST
Data breach at CDSL's KYC arm exposed 4.39 crore investors' data twice within 10 days: CyberX9
A vulnerability at a CDSL subsidiary, CDSL Ventures Limited (CVL), has exposed personal and financial data of over 4 crore Indian investors twice in a period of 10 days, according to cyber security consultancy startup CyberX9.
The Central Depository Services (India) Limited (CDSL) is a SEBI registered depository and CDSL Ventures Ltd is a KYC registering agency separately registered with the Securities and Exchange Board of India (SEBI).
- 8 Nov 2021 9:02 AM IST
Gold hits 2-month peak on dollar retreat
Gold prices extended a rally to hit a two-month high on Monday as a retreating dollar bolstered the precious metal’s appeal.
The precious metal rose as much as 1.5% on Friday despite a better-than-expected US payrolls report that suggested economic activity was regaining momentum early in the fourth quarter.
