Market Live Updates Today: Trends on SGX Nifty indicate a positive opening for the index in India with a 107 points gain
The Indian stock market is expected to open in the green as trends on SGX Nifty indicate a positive opening for the index in India with a 107 points gain.
image for illustrative purpose
The S&P BSE Sensex declined 746.22 points to 48,878.54 on January 22 while the Nifty50 index plunged 218.50 points to 14,371.90.
According to pivot charts, the key support levels for the Nifty are placed at 14,279.83, followed by 14,187.77. If the index moves up, the key resistance levels to watch out for are 14,541.93 and 14,711.97.
The Dow Jones Industrial Average fell 179.03 points, or 0.57%, to 30,996.98, the S&P 500 lost 11.6 points, or 0.30%, to 3,841.47 and the Nasdaq Composite added 12.15 points, or 0.09%, to 13,543.06.
Asian shares were on the defensive on Monday as rising COVID-19 cases and doubts over the ability of vaccine makers to supply the promised doses on time soured risk appetite.
MSCI's broadest index of Asia-Pacific shares outside Japan was barely changed at 718.72. Japan's Nikkei fell 0.1%. Australian shares were higher after the country's drug regulator approved the Pfizer/BioNTech COVID-19 vaccine with authorities saying a phased rollout will begin late next month.
Live Updates
- 25 Jan 2021 2:50 PM IST
Home First Finance Company IPO subscribed 5 times, QIB portion booked 7.5 times on final day
Home First has had a strong control over asset quality with one of the highest collection efficiencies post COVID at 97.6 percent as on December 2020.
- 25 Jan 2021 2:49 PM IST
Tata Motors share price slips nearly 4% on passenger vehicle prices hike
Rising input costs and material costs of steel, precious metals and semiconductors have compelled the company to pass on a part of the cost to customers, company said.
- 25 Jan 2021 2:48 PM IST
Grasim Industries share price hits 52-week high after entering paints business
The board of directors has approved initial capital expenditure of Rs 5,000 crore over the next 3 years.
- 25 Jan 2021 2:47 PM IST
Indigo Paints to finalise IPO allotment status this week
The Rs 1,170-crore public issue closed on January 22 after receiving subscription of 117 times. Its equity shares are likely to get listed on bourses on February 2.
- 25 Jan 2021 2:47 PM IST
Kotak Mahindra Bank Q3 profit rises 16% to Rs 1,853 crore, NII grows 17% but credit growth declines
Kotak Mahindra Bank shares clocked a massive 57 percent return in the quarter ended December 2020.
- 25 Jan 2021 2:46 PM IST
Lupin share price gains 2% on USFDA approval
The share touched its 52-week high Rs 1,121.85 and 52-week low Rs 505.00 on 18 September, 2020 and 13 March, 2020, respectively.
- 25 Jan 2021 2:46 PM IST
Strides Pharma Science gets USFDA nod for generic drug
The company's product is bioequivalent and therapeutically equivalent to Allergan Sales' Actigall capsules, Strides Pharma Science added.
- 25 Jan 2021 2:45 PM IST
Budget 2021: Fuel subsidy to be half its target this fiscal
Out of the expected Rs 21,000 crore for the current financial year, Rs 16,960 crore are arrears for the financial year 2019-20.
- 25 Jan 2021 8:58 AM IST
3 stocks under F&O ban on NSE
NALCO, PNB and SAIL are under the F&O ban for January 25. Securities in the ban period under the F&O segment include companies in which the security has crossed 95 percent of the market-wide position limit.
- 25 Jan 2021 8:57 AM IST
FII and DII data
Foreign institutional investors (FIIs) net sold shares worth Rs 635.69 crore, while domestic institutional investors (DIIs) net sold shares worth Rs 1,290.35 crore in the Indian equity market on January 22, as per provisional data available on the NSE.
