Today the Indian markets are also expected to open in the green. Today’s rally of SGX Nifty along with other Asian markets is pointing towards the same thing. On October 29, the BSE Sensex fell 677.77 points to close at 59,306.93. At the same time, Nifty fell 185.60 points to close at 17,671.70 level. Nifty had formed a bearish candle on the daily chart on the previous trading day. It also showed a decline on the weekly scale. The Nifty had closed down 2.5 per cent last week.
Talking about today, the first support for Nifty is at 17,551.27. After that there is big support at 17,430.83. If Nifty moves upwards, then it will have to face its resistance at 17,853.97 and then at 18,036.23.
Here we are giving you some such data, on the basis of which it will be easy for you to catch profitable deals. It should be noted here that the Open Interest (OI) and volume of stocks in this story are the sum total of three months’ data, not just the current month.
US market
US markets closed at record levels on Friday. The Dow is up 5.8% and the S&P 500 is also up 6.9% in October. On the other hand, Nasdaq gained 7.3% in October. 80% of companies in the S&P 500 have outperformed. There will be a 2-day meeting of the Federal Reserve from tomorrow. Decision on reduction in bond purchases is possible in Fed policy. Crude, natural gas remains under pressure ahead of OPEC+ meeting. Meanwhile, the price of Brent crude has reached close to $ 83 per barrel. Comex’s gold price has fallen below $1800. The ruling coalition has won a major victory in Japan.
asian market
Today, mixed trading is being seen in Asian markets. SGX NIFTY is looking up 24.00 points. At the same time, Nikkei is seen around 29,542.34 with a gain of about 2.25 percent. At the same time, a gain of 0.36 percent is seen in Strait Times. Taiwan’s market is trading at a level of 17,071.04 with a gain of 0.49 percent. Whereas Hang Seng is seen down by 1.20 percent at the level of 25,072.81. At the same time, Kospi is seeing a gain of 0.46 percent. On the other hand, Shanghai Composite is down 0.58 percent at 3,526.60 level.
FII and DII figures
On April 29, foreign institutional investors sold Rs 5,142.63 crore in the Indian markets. At the same time, domestic institutional investors bought Rs 4,342.51 crore on this day.
Stocks coming under F&O ban on NSE
On November 1, only one stock Punjab National Bank (PNB) is under F&O ban on NSE. It is to be noted that the stocks included in the F&O segment are put in the ban category if the positions of the securities exceed their market wide position limits.
Oil prices fall after opening of China’s gasoline and diesel reserves
Oil prices fell on Monday after opening of China’s gasoline and diesel reserves. China has done this to increase supply in the country. Meanwhile, investors are seen unwinding long positions ahead of the OPEC+ meeting to be held on November 4. Brent crude futures were down 20 cents, or 0.2% per cent, at $83.52 by 0039 GMT, following Friday’s rise of 6 cents.
results coming today
आज HDFC, Tata Motors, IRCTC, Aditya Birla Capital, Allcargo Logistics, Bajaj Consumer Care, Bayer Cropscience, Carborundum Universal, Chambal Fertilisers, Devyani International, Dollar Industries, Graphite India, Gravita India, IG Petrochemicals, Indian Railway Finance Corporation, Lux Industries, Nilkamal, Parag Milk Foods, The Phoenix Mills, Privi Speciality Chemicals, Punjab & Sind Bank, Relaxo Footwears, Shipping Corporation of India, SPARC, VIP Clothing, Whirlpool of India और Windlas Biotech के नतीजे आने वाले हैं।
FPIs remained net sellers in October
In October, FPIs had sales of Rs 12,278 crore and were net sellers. According to data from depositories, FPIs have pulled out Rs 13,550 crore from equities but have invested Rs 1,272 crore in the debt segment. Let us tell you that in August and September, FPIs were net buyers.
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