23.1 C
Wednesday, October 27, 2021

Market Live: SGX NIFTY is giving indications, Indian market may start flat

08:33 AM

IndusInd Bank। Direct and Indirect Taxes collected by the RBI to the bank on behalf of the Central Board of Direct Taxes (CBDT) and the Central Board of Indirect Taxes and Customs (CBIC). has been authorized to do so.

08:24 AM

Kreon Finnancial Services। The company will consider the proposal to raise funds by issuing equity shares in the form of existing shareholders’ rights issue on October 18.

08:17 AM

Bajaj Finserv। The Trustee Company is incorporated as a wholly owned subsidiary of the Company under the name of Bajaj Finserv Mutual Fund Trustees Limited.

08:10 AM

strategy on nifty

Virendra Kumar of CNBC-Awaaz says that its resistance zone is visible at 18047-18071. The major resistance zone is at 18117-18148. The base zone is visible at 17936-17887 and the larger base zone at 17838-17796. Institutional investors figures flat but good news has come from IMF. Nifty data is good but Nifty Bank is stronger. 17800 put has the highest OI, 17836-796 important. The above turns out to be 18047, so 18071 and 18117 are both possible Pivot Poits. Raise the SLs above 18047 to 19992.

08:00 AM

strategy on nifty bank

Virendra Kumar says on Nifty Bank that its resistance zone is 38810-38970 and the bigger resistance zone is 39130-39310. The base zone is 38217-38040. The larger base zone is 37910-37840. Yesterday was the big driving force. There is good swing in futures and 38500 call. Nifty PSU Bank Index is all set to give breakout after July 2019. 38000-38300 Put writers have a lot of confidence and there is heavy call writing on 39000. Stay long, buy the decline till first base. Keep increasing the SL by 200 points as soon as the trade is in hand.

07:52 AM

Permission to fly with 100% capacity

Aviation stocks can take off today. The restriction on the number of flights has ended. Now airlines will be able to operate with 100% capacity.

07:46 AM

INFOSYS and WIPRO results today

In the second quarter, INFOSYS’s dollar revenue is expected to grow by 5.5 per cent. The dollar earnings of WIPRO can increase by the same 6 and a half percent. Both companies will present their results today.

07:37 AM

CPI inflation decreased, IIP increased

There is news of relief for the economy. Inflation moderated in September. The fall in vegetable prices brought inflation down to 4.35%. Industrial production has also increased rapidly in mining and electricity. IIP is 11.9% in August.

07:34 AM

RIL’s big investment in NexWafe

Reliance Industries has made a big investment in the German company Nexwafe, making a strategic deal for the Indian market. NexWafe is a company that manufactures high efficiency monocrystalline silicon wafers. These silicon wafers are very important for the production of semiconductors.

Reliance Industries (RIL) has said on October 12 that one of its units, Reliance New Energy Solar Limited (RNESL), has invested 25 million euros to buy new shares in Germany’s NexWafe GmbH. This investment is a part of the strategic agreement for the Indian market.

07:28 AM

Agreement between RIL and STIESDAL

RELIANCE INDUSTREIS has done 4th deal in CLEAN ENERGY in 4 days. Has tied up with STIESDAL of Denmark. An agreement has been reached for the production of HYDROGEN ELECTROLYZER in India.

07:24 AM

Big investment in Tata Motors’ EV business

TPG Rise Climate has made a major investment in the electric vehicle business of Tata Motors. TPG will invest Rs 7,500 crore for 11-15% share. The deal was done at a valuation of 910 crores.

07:15 AM

Mixed signals from global market

Indications from the global market are seen mixed. Asia and SGX NIFTY have started on a slight gain but trading is flat in DOW FUTURES. The US markets were under pressure yesterday ahead of the quarterly results and inflation data. The DOW closed down by more than 100 points.

For social media updates please contact us on Facebook (https://www.facebook.com/moneycontrolhindi/) and Twitter (.) to follow.


Shehnaz is a Corporate Communications Expert by profession and writer by Passion. She has experience of many years in the same. Her educational background in Mass communication has given her a broad base from which to approach many topics. She enjoys writing about Public relations, Corporate communications, travel, entrepreneurship, insurance, and finance among others.
Latest news
- Advertisement -
Related news
- Advertisement -