Sensex Today | Stock Market LIVE Updates: Sensex surges 500 points, Nifty above 19,100; PSU Bank index surges 2%, top sectoral performer

Sensex Today | Stock Market LIVE Updates: Sensex surges 500 points, Nifty above 19,100; PSU Bank index surges 2%, top sectoral performer
Sensex Today | Stock Market LIVE Updates: Sensex surges 500 points, Nifty above 19,100; PSU Bank index surges 2%, top sectoral performer
--

11:04:11 AM IST, 02 Nov 2023

Sensex Today | Stock Market LIVE Updates | Tata Consultancy Services launches new gen AI-powered cyber insights platform on Amazon Security Lake.

10:51:19 AM IST, 02 Nov 2023

Sensex Today | Stock Market LIVE Updates: Skipper wins new order of Rs 924 crore

10:51:07 AM IST, 02 Nov 2023

Sensex Today | Stock Market LIVE Updates | Mangalore Chemicals and Fertilizers resumes production of Ammonia and Urea on November 2.

10:42:41 AM IST, 02 Nov 2023

Sensex Today | Stock Market LIVE Updates: Kore Digital says starting new project of installing 4 telecom ducts between Thane and Bhivandi for revenue of Rs 200 million

10:32:13 AM IST, 02 Nov 2023

Sensex Today | Stock Market LIVE Updates: State Bank of India is considering raising up to 100 billion rupees ($1.20 billion) through sale of Basel III-compliant additional tier-I perpetual bonds, three merchant bankers said on Thursday.

10:29:09 AM IST, 02 Nov 2023

Sensex Today | Stock Market LIVE Updates: Indian tycoon Mukesh Ambani’s Reliance Industries Ltd. is considering raising as much as 150 billion rupees ($1.8 billion) via the sale of local-currency bonds, according to people familiar with the matter who asked not to be identified because the matter is private.

10:12:42 AM IST, 02 Nov 2023

Sensex Today | Stock Market LIVE Updates | Tata Steel was trading nearly 1% lower as the firm reported a Rs 6,196 crore loss in the September quarter of FY24.

10:12:38 AM IST, 02 Nov 2023

Sensex Today | Stock Market LIVE Updates: Nitiraj Engineers says got order for Rs 18.17 crore; stock rallies 5%

10:00:08 AM IST, 02 Nov 2023

Sensex Today | Stock Market LIVE Updates: Bank of India, Central Bank among top gainers from PSU banking pack

09:54:48 AM IST, 02 November 2023

Sensex Today | Stock Market LIVE Updates | LIC Housing Finance: Co reports nearly four-fold rise in profit in second quarter, aided by loan demand.

09:35:18 AM IST, 02 November 2023

Sensex Today | Stock Market LIVE Updates | Kotak Mahindra Bank says Zurich to acquire a 51% stake in Kotak General Insurance

09:33:15 AM IST, 02 November 2023

Sensex Today | Stock Market LIVE Updates | Godrej Consumer Products: Co posts nearly 21% year-on-year rise in net profit in September quarter.

09:27:47 AM IST, 02 November 2023

Sensex Today | Stock Market LIVE Updates | GAIL signs deal with BPCL for a 15-year supply of propane for its upcoming petrochemical plant in Maharashtra; supply contract is estimated to have a value above 630 billion rupees.

09:25:17 AM IST, 02 November 2023

Rupee rises 8 paise to 83.20 against US dollar in early trade

09:24:37 AM IST, 02 November 2023

Sensex Today | Stock Market LIVE Updates | Earnings Impact: Britannia surges 3%, Tata Steel slips

09:24:09 AM IST, 02 November 2023

Sensex Today | Stock Market View: Dr. VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

Even though the pause decision of the Fed was on expected lines, the commentary was not hawkish as the market feared. The Fed chief Jerome Powell’s comment that “despite elevated inflation, the longer term inflation expectations remain well anchored” was taken by the market as a slightly dovish statement. The implication of this statement is that the Fed may not hike rates again in this rate hiking cycle. Subsequently the bond yields declined sharply. The benchmark 10-year bond yield declined 17 bp to 4.75 percent and the equity markets responded positively.

In the near-term, the dollar index at 106.3, Brent crude at around $85 and the 10-year US bond yield at 4.75% are favorable for stock markets. There is a possibility that the FIIs who were sustained sellers in October may turn buyers and if that happens, short-covering can take markets higher despite the uncertainty surrounding the Israel-Hamas conflict.

From the valuation and growth perspective, leading banks provide good buying opportunities. IT can stage a comeback.

09:23:47 AM IST, 02 November 2023

Sensex Today | Stock Market LIVE Updates | Maruti Suzuki India: Car maker receives show cause notice from Agra’s local metrology department for not mentioning maximum retail price (MRP) on listed products for sale on the official website.

09:19:55 AM IST, 02 November 2023

Sensex Today | Stock Market LIVE Updates | IOC, REC among most active stocks in morning trade

09:19:17 AM IST, 02 November 2023

Opening Bell: Sensex surges 500 points, Nifty above 19,100; JK Tire soars 12%, RailTel 5%

09:15:54 AM IST, 02 November 2023

Sensex Today | Stock Market LIVE Updates: Natco Pharma completed USFDA inspection of co’s compliance to Pharmacovigilance requirements with zero observations

09:11:04 AM IST, 02 November 2023

Sensex Today | Stock Market LIVE Updates: Pre-open session: Sensex rises 440 points; Nifty above 19,115

08:59:46 AM IST, 02 November 2023

Va Tech Wabag wins order worth 215 Million Tunisian Dinars; Order for a 345 MLD water treatment project from Sonede, Tunisia

08:48:27 AM IST, 02 November 2023

Sensex Today | Stock Market View: Dhawal Ghanshyam Dhanani, Fund Manager, SAMCO Mutual Fund on Fed outcome

Unsettled world order and yet to impact economic activities due to eased interest rates, US Fed has taken a sensible approach by keeping interest rates unchanged for second consecutive time, raising hopes of pivot by market participants. Wait and watch is what the US Fed is doing and so should the investors.

08:40:09 AM IST, 02 November 2023

Sensex Today | Stock Market View: Prashanth Tapse, Senior VP (Research), Mehta Equities

The current market landscape reflects the Federal Reserve maintaining its benchmark lending rate between 5.25% and 5.5%, resulting in Wall Street indices mostly gaining amid signs of elevated inflation and economic expansion. The focus is now on the upcoming jobs report for October. There’s one bad news and two pieces of good news: FIIs sold shares worth Rs. 1817 crores in yesterday’s trade, with total selling in October at Rs. 30,827 crores. On the positive side, WTI Oil prices dropped below $81 a barrel despite Middle East tensions, and the Federal Reserve, while hinting at future rate hikes, has left markets speculating on the end of the current hiking cycle. Technical analysis indicates downside risks for Nifty and Bank Nifty, and Nifty’s options data suggests a trading range between 18500 and 19200. Additionally, stock recommendations include a bullish view on INDIAN HOTELS, CANARA BANK, PNB, and HINDALCO. Finally, the article highlights the preferred stock to buy, OBEROI REALTY, and lists the upcoming Q2 results for various companies.

07:58:56 AM IST, 02 November 2023

Sensex Today | Stock Market LIVE Updates: Dollar tracks Treasury yields lower as Fed stays on hold

The dollar fell broadly on Thursday, tracking a slide in US Treasury yields as markets grew more convinced the Federal Reserve was done with its aggressive monetary policy tightening cycle after it left rates unchanged.

07:58:25 AM IST, 02 November 2023

Sensex Today | Stock Market LIVE Updates: Gold gains as dollar, yields slip after Fed keeps rates steady

Gold prices edged higher on Thursday, as the US dollar and bond yields slipped after the Federal Reserve held interest rates steady and acknowledged the tighter financial conditions faced by businesses and households.

07:24:29 AM IST, 02 November 2023

Sensex Today | Stock Market LIVE Updates: Quarterly earnings today

Adani Enterprises, Tata Motors, Adani Power, Dabur and a slew of other companies will announce their second quarter results today.

07:24:38 AM IST, 02 November 2023

Sensex Today | Stock Market LIVE Updates: GIFT Nifty (Earlier SGX Nifty) signals a positive start

GIFT Nifty on the NSE IX traded lower by 33.5 points, or 0.17 per cent, at 19,218.50, signaling that Dalal Street was headed for positive start on Thursday.

07:24:47 AM IST, 02 November 2023

Sensex Today | Stock Market LIVE Updates: Tech View: Nifty to face resistance around 19,100 level

Nifty today ended 90 points lower to form a negative candle on the daily chart and indicate the formation of lower top around 19230 levels.

07:24:57 AM IST, 02 November 2023

Sensex Today | Stock Market LIVE Updates: Rupee falls 4 paise to settle at 83.28 against US dollar

The rupee depreciated 4 paise to settle at 83.28 against the US dollar on Wednesday, tracking a strong greenback against major rivals overseas and unabated foreign capital outflows.

07:25:06 AM IST, 02 November 2023

Sensex Today | Stock Market LIVE Updates: Tokyo shares open higher

Tokyo stocks opened higher on Thursday after the US Federal Reserve left interest rates unchanged and triggered buying on Wall Street.

07:25:14 AM IST, 02 November 2023

Sensex Today | Stock Market LIVE Updates: Dow, S&P 500 rally as Fed holds rates, prompts hope for end to hikes

Wall Street’s major indexes closed higher on Wednesday with the Nasdaq’s 1.6% advance leading gains, after the US Federal Reserve kept interest rates unchanged.

07:25:25 AM IST, 02 November 2023

Sensex Today | Stock Market LIVE Updates: Oil prices edge higher as Middle East conflict stokes supply concerns

Oil prices edged higher in early trade on Thursday as the conflict in the Middle East kept investors on edge about whether it could disrupt oil supplies around the region.Brent crude futures rose 38 cents at $85.01 a barrel by 0000 GMT, while US West Texas Intermediate crude futures gained 46 cents at $80.90 a barrel.

07:25:32 AM IST, 02 November 2023

Sensex Today | Stock Market LIVE Updates: Sensex, Nifty on Wednesday

The 30-share BSE benchmark Sensex declined 283 points or 0.44% to settle at 63,591. The broader NSE Nifty fell 90 points or 0.47% to end at 18,989.

The article is in Dutch

Tags: Sensex Today Stock Market LIVE Updates Sensex surges points Nifty PSU Bank index surges top sectoral performer

-

PREV Chinese Propagandist Wants Artillery & CIWS Weapons On Cargo Vessels To Overwhelm Taipei
NEXT Medical professionals rally to demand cap on student enrollment