Market Live Updates Today: Trends on SGX Nifty indicate a positive opening for the index in India with a 37 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 37 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 37 points gain.
According to pivot charts, the key support levels for the Nifty are placed at 17,551.27, followed by 17,430.83. If the index moves up, the key resistance levels to watch out for are 17,853.97 and 18,036.23.
US Markets
The Dow added 89.08 points to 35,819.56, while the Nasdaq gained 50.27 points to 15,498.39. The Russell 2000 index of small companies slipped 0.79 points, or less than 0.1 percent, to 2,297.19.
Asian Markets
Shares in Asia-Pacific were mixed in Monday trade as investors reacted to economic data that showed a mixed picture of Chinese manufacturing activity in October.
Japanese stocks led gains regionally as the Nikkei 225 jumped 2.17% in morning trade. South Korea's Kospi advanced 0.37% while the S&P/ASX 200 in Australia gained 0.6%.
SGX Nifty
Trends on SGX Nifty indicate a positive opening for the index in India with a 37 points gain. The Nifty futures were trading at 17,787 on the Singaporean Exchange around 07:30 hours IST.
Live Updates
- 1 Nov 2021 9:12 AM IST
Stocks under F&O ban on NSE
One stock - Punjab National Bank (PNB) - is under the F&O ban for November 1. 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.
- 1 Nov 2021 9:11 AM IST
FII and DII data
Foreign institutional investors (FIIs) net sold shares worth Rs 5,142.63 crore, while domestic institutional investors (DIIs) net bought shares worth Rs 4,342.51 crore in the Indian equity market on October 29, as per provisional data available on the NSE.
- 1 Nov 2021 9:11 AM IST
RBI allows banks to open current accounts for borrowers availing credit from other banks
Banks may open current accounts for borrowers who have availed credit facilities in the form of cash credit (CC)/ overdraft (OD) from the banking system, said Reserve Bank of India (RBI) on October 29 in a release.
The central bank barred banks from opening current account for customers who have availed credit from other banks and all transactions to be routed through the CC/OD account. Additionally, 10 percent of the borrower's exposure and debits to the CC/OD can should only be for credit to the CC/OD account with a bank which has 10 percent or more exposure.
- 1 Nov 2021 9:11 AM IST
FPIs turn net sellers in October; pull out Rs 12,278 crore
After two months of buying, foreign portfolio investors (FPIs) have turned net sellers in October by pulling out Rs 12,278 crore from Indian markets. As per depositories data, FPIs took out Rs 13,550 crore from equities but invested Rs 1,272 crore in the debt segment during October 1-29.
The total net outflow stood at Rs 12,278 crore during the period under review. FPIs were net buyers in August and September.
- 1 Nov 2021 9:10 AM IST
Oil falls after China releases reserves of gasoline, diesel
Oil prices fell on Monday after China said it released reserves of gasoline and diesel to boost supply, while investors unwound long positions ahead of an OPEC+ meeting on November 4.
Brent crude futures dropped 20 cents, or 0.2%, to $83.52 a barrel by 0039 GMT, after gaining 6 cents on Friday.
