Create New Account    |   
 
Branch Locator   |   
 
Home | About Us | Careers | Sitemap | Contact Us | Downloads
Product & Services
  | 
Markets
  | 
Derivatives
  | 
Commodities
  | 
BLOG
  | 
Knowledge Center
  | 
Business Associates
 
Shares may rise on positive global cues
31-Oct-18   08:01 Hrs IST

Market is seen opening higher, tracking positive leads from Asian markets and overnight gains on the Wall Street. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 47 points at the opening bell.

Overseas, stocks in Asia rose on Wednesday. Chinese official manufacturing Purchasing Managers' Index (PMI) was 50.2. The official manufacturing PMI had been 50.8 in September. China's official non-manufacturing purchasing managers index dropped to 53.9 from September's 54.9, the National Bureau of Statistics said on Wednesday. A reading above 50 indicates expansion, while a reading below that signals contraction.

US stocks closed higher Tuesday as President Donald Trump signaled that the US is ready to reach a deal to ease trade tensions with China, giving the market some much-needed relief. Markets were also digesting a raft of quarterly corporate results with several big-name companies set to report earnings this week.

On the US data front, home-price gains are slowing, as the Case-Shiller 10-city composite index showed a 0.6% increase from last month's reading, or a 5.5% annual increase. The 20-city composite index rose a seasonally adjusted 0.1% and was 5.5% higher compared to its level a year ago, the lowest annual increase in nearly two years.

Consumer sentiment hit an 18-year high, according to the Conference Board's consumer confidence index, which rose to 137.9, from 135.3 in September.

The residential vacancy rate fell 0.4% points from a year earlier to 7.1%, according to the Census Bureau report, which also showed that the US homeownership rate was virtually unchanged at 64.4%

Closer home, foreign portfolio investors (FPIs) sold shares worth a net Rs 1592.02 crore on 30 October 2018, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 1,363.04 crore on 30 October 2018, as per provisional data.

Key benchmark indices settled with modest losses on 30 October 2018, after a volatile session of trade. The barometer index, the S&P BSE Sensex, fell 176.27 points or 0.52% to settle at 33,891.13. The Nifty 50 index fell 52.45 points or 0.51% to settle at 10,198.40. The Sensex settled below psychological 34,000 mark after moving above and below that level in intraday trade.

Powered by Capital Market - Live News

BSE | NSE
Friday, November 16, 2018    
Adani Ports    346.65  (1.35)    |    
Asian Paints    1320.45  (8.20)    |    
Axis Bank    618.30  (-7.35)    |    
Bajaj Auto    2696.80  (25.50)    |    
Bharti Airtel    333.60  (29.80)    |    
Coal India    263.45  (0.40)    |    
H D F C    1887.55  (35.35)    |    
HDFC Bank    1998.90  (24.85)    |    
Hero Motocorp    2954.55  (37.35)    |    
Hind. Unilever    1690.75  (-14.85)    |    
ICICI Bank    367.40  (-2.20)    |    
IndusInd Bank    1498.85  (-14.95)    |    
Infosys    650.45  (-5.90)    |    
ITC    276.25  (1.80)    |    
Kotak Mah. Ban...    1167.50  (4.85)    |    
Larsen & Toubr...    1396.00  (-1.35)    |    
M & M    767.35  (1.55)    |    
Maruti Suzuki    7332.05  (-150.80)    |    
NTPC    154.05  (0.15)    |    
O N G C    156.55  (-2.35)    |    
Power Grid Cor...    187.95  (0.75)    |    
Reliance Inds.    1127.50  (30.60)    |    
St Bk of India    290.30  (5.00)    |    
Sun Pharma.Ind...    519.60  (4.65)    |    
Tata Motors    179.40  (-0.55)    |    
Tata Motors-DV...    98.80  (0.40)    |    
Tata Steel    574.10  (-14.55)    |    
TCS    1882.25  (16.75)    |    
Vedanta    206.70  (-0.85)    |    
Wipro    325.95  (2.00)    |    
Yes Bank    191.30  (-14.70)    |