Market Live Updates Today: Trends on SGX Nifty indicate a positive opening for the broader index in India with a gain of 105 points
Market Live Updates
The benchmark indices erased all the gains of the previous two days in the following two sessions on Friday and Monday. The BSE Sensex corrected 617 points to 56,580, while the Nifty50 plunged 218 points to 16,954 and formed yet another bearish candle on the daily charts.
As per the pivot charts, the key support level for the Nifty is placed at 16,877, followed by 16,800. If the index moves up, the key resistance levels to watch out for are 17,043 and 17,131.
Wall Street rose on Monday, with the Nasdaq ending sharply higher after Twitter agreed to be bought by billionaire Elon Musk, sparking a late day rally in growth stocks.
Twitter ended up 5.6 percent after announcing it would be bought by Musk in a deal that will shift control of the social media giant to the world's richest person.
The Dow Jones Industrial Average rose 0.7 percent to end at 34,049.46 points, while the S&P 500 gained 0.57 percent to 4,296.12. The Nasdaq Composite climbed 1.29 percent to 13,004.85.
Asian Markets
Markets in Asia-Pacific traded mixed on Tuesday morning as investors are set to closely watch market reaction to COVID fears in China as Beijing expands mass testing.
Japan's Nikkei 225 rose 0.17 percent, while the Topix was flat. South Korea's Kospi rose 0.55 percent. Australian stocks however fell as trading resumed from a holiday on Monday. The S&P/ASX 200 plummeted 2.34 percent in early trade.
SGX Nifty
Trends on SGX Nifty indicate a positive opening for the broader index in India with a gain of 105 points. The Nifty futures were trading around 17,100 levels on the Singaporean exchange.
Live Updates
- 26 April 2022 6:37 AM GMT
Local investors to pump $70 billion annually into markets, says Ashwini Agarwal of Ashmore Investment
- 26 April 2022 6:34 AM GMT
Campus Activewear IPO Updates
The initial public offering (IPO) of Campus Activewear, the largest sports and athleisure footwear brand in India, has received bids for 1.62 crore shares against IPO size of 3.36 crore shares, getting subscribed 48 percent on April 26, the first day of subscription.
Retail investors are at the fore, buying 92 percent shares of their portion, while non-institutional investors bid for 13 percent of their quota.
Qualified institutional investors are yet to participate while employees have bought 20,451 of the two lakh shares reserved for them.
- 26 April 2022 5:37 AM GMT
11 AM: Sensex is up 585.55 points or 1.03% at 57165.44, and the Nifty jumped 185.40 points or 1.09% at 17139.40.
- 26 April 2022 4:43 AM GMT
Gold Updates:
Gold prices rose on Tuesday after hitting a near one-month low in the previous session, as a slight pullback in the U.S. dollar and lower Treasury yields increased bullion's appeal.
Spot gold was up 0.3% at $1,902.46 per ounce, as of 0249 GMT. U.S. gold futures were up 0.34 at $1,902.60.
The dollar eased from a two-year high scaled in the previous session, making greenback-priced gold cheaper.
Benchmark U.S. 10-year Treasury yields also eased, increasing the appeal of zero-yield gold.
- 26 April 2022 3:51 AM GMT
Sensex was up 534.23 points or 0.94% at 57114.12, and the Nifty was up 168.30 points or 0.99% at 17122.30. About 1739 shares have advanced, 322 shares declined, and 60 shares are unchanged.
- 26 April 2022 3:44 AM GMT
Rupee Opens:
Indian rupee opened 23 paise higher at 76.46 per dollar on Tuesday against previous close of 76.69.
- 26 April 2022 3:41 AM GMT
FII and DII data
Foreign institutional investors (FIIs) have net sold shares worth Rs 3,302.85 crore, while domestic institutional investors (DIIs) have net bought shares worth Rs 1,870.45 crore on April 25, as per provisional data available on the NSE.
- 26 April 2022 3:40 AM GMT
Results on April 26
Bajaj Finance, HDFC Life Insurance Company, Aditya Birla Sun Life AMC, KPIT Technologies, Macrotech Developers, Mahindra Logistics, Nippon Life India Asset Management, NELCO, Atul, AU Small Finance Bank, Gateway Distriparks, IIFL Securities, Sanofi India, Schaeffler India, Som Distilleries & Breweries, Tata Coffee, Tata Teleservices (Maharashtra), United Breweries, UTI Asset Management Company, VST Industries, D-Link (India), International Travel House, Gujarat Hotels, Jindal Hotels, JK Agri Genetics, and Jumbo Bag are slated to release their quarterly earnings on April 26.
