Market Live Updates Today: Trends on SGX Nifty indicate a negative opening for the index in India
Sensex forms long bullish candle
The BSE Sensex plunged 433.05 points to close at 59,575.28, while the Nifty50 fell 133.90 points to 17,764.80, and formed a bearish candle on the daily charts, continuing the downtrend for the third consecutive session. The index also saw a bearish candle formation on the weekly charts as it was down 1.87 percent during the week.
US Markets
The Nasdaq Composite Index closed above 16,000 points for the first time on Friday, in its second-straight record finish powered by technology stocks, while pandemic jitters sent the Dow to its fourth losing session in the last five. Both the Nasdaq and the S&P 500 index scored a winning week, up 1.2 percent and 0.3 percent, respectively, after last week's declines snapped a five-week run of higher finishes.
The Dow Jones Industrial Average fell 268.97 points, or 0.75 percent, to 35,601.98; the S&P 500 lost 6.58 points, or 0.14 percent, at 4,697.96; and the Nasdaq Composite added 63.73 points, or 0.4 percent, to 16,057.44.
Asian Markets
Shares in Asia-Pacific were mixed in Monday morning trade as China kept its benchmark lending rate unchanged. In Japan, the Nikkei 225 fell 0.33 percent, while the Topix index declined 0.4 percent.
SGX Nifty
Trends on SGX Nifty indicate a negative opening for the index in India at 17,846 against November 18 close of 17,792 level.
Live Updates
- 22 Nov 2021 12:18 PM GMT
MedPlus Health Services, RateGain, 4 other cos get Sebi approval for IPOs
Six companies, including pharmacy retail chain MedPlus Health Services, travel technology services firm RateGain Travel Technologies and microlender Fusion Micro Finance, have received markets regulator Sebi's go ahead to raise funds through IPOs. The other firms that have received the approval to float their Initial Public Offerings (IPOs) are retail wealth management firm Prudent Corporate Advisory Services, private market intelligence platform Tracxn Technologies and real estate developer Puranik Builders.
- 22 Nov 2021 10:03 AM GMT
Jesons Industries files IPO papers with Sebi; aims to raise Rs 900 crore
Jesons Industries may consider the private placement of equity shares aggregating up to Rs 24 crore. If such pre-IPO placement is completed, the fresh issue size will be reduced.
- 22 Nov 2021 7:27 AM GMT
The market capitalisation (m-cap) of nine of the top 10 most valued companies tumbled by Rs 1,47,360.93 crore last week, with Reliance Industries Ltd. (RIL) emerging as the biggest laggard. Read Full Story
- 22 Nov 2021 6:59 AM GMT
Nifty, Nasdaq YTD gain at 24.8%
The Nifty50 index has taken its year-to-date gain to 24.8 percent, the same as the Nasdaq Composite, one of the three main Wall Street indices.
- 22 Nov 2021 6:58 AM GMT
Go Fashions subscribed over 11x on day 3
The Rs 1,014 crore IPO of Go Fashions (India) continued to receive a strong response from the investors on the final day of the bidding process. The issue, which kicked off for subscription on Wednesday, sailed through on the first day itself. The company is selling its shares in the range of Rs 655-690 during the three day bidding process. According to the data from NSE, the issue attracted bids for 8,50,87,716 equity shares or 10.53 times as of 11.06 am. The company offered 80,79,491 equity shares in its initial stake sale.The issue saw heavy bidding from the retail bidders in the first two days. Butthe baton seems to have been passed to QIBs who usually crowd IPO mart on the last day of the bidding process.
- 22 Nov 2021 6:57 AM GMT
Vedanta gains 4% as SC permits govt to divest stake in arm Hindustan Zinc
Shares of Vedanta added 4 per cent in early trade Monday after the mining giant said that the Supreme Court has permitted the government to proceed with a proposal to divest its entire stake in Hindustan Zinc Ltd – a subsidiary of Vedanta- in the open market.
- 22 Nov 2021 5:23 AM GMT
Paytm loses Rs 50,000 crore in market cap from issue price
At 10:30 am, Paytm parent One97 Communications' shares traded 11.4 percent lower at Rs 1,386.4 apiece on BSE. The company's market value stood at Rs 89,332 crore.
- 22 Nov 2021 5:22 AM GMT
Rupee opens lower at 74.35 vs dollar
The rupee began the day at 74.35 against the US dollar as against its previous close of 74.24.
- 22 Nov 2021 4:36 AM GMT
HCG acquires majority stake in Suchirayu Healthcare Solutions
HealthCare Global Enterprises shares traded 3.7 percent higher at Rs 261.8 apiece on BSE. The company acquired an additional 60.9 percent stake in Suchirayu Healthcare Solutions, taking its stake to 78.6 percent. Suchirayu owns a state-of-the-art multi-speciality hospital in Hubli.
