Share Market Updates Today :Buying was seen in the domestic stock market today amidst weak global signals. In today’s business, both Sensex and Nifty indices are trading in the green. Today Nifty has strengthened and reached near 24450. At the same time, a rise of more than 900 points is being seen in Sensex today. Today on Nifty, Bank, Auto, Financial, IT, Metal, Pharma and Realty indices are trading in the green. While the FMCG index is in the red. At present, in today’s trading, Sensex is seeing a rise of 925 points and it is trading at the level of 80327. Whereas Nifty is also seeing a rise of 247 points and it is trading at the level of 24428. Today’s top gainers include ICICIBANK, SBI, INFY, ASIANPAINT, BAJAJFINSV. While the top losers include JSWSTEEL, LT, INDUSINDBK, POWERGRID, TECHM.
ICICI Bank shares rise
In today’s trading, ICICI Bank stock remains the top gainer of Nifty 50 and Sensex 30. Today the banking stock strengthened by 3.50 percent to reach Rs 1301, whereas it had closed at Rs 1255 on Friday before the results. The bank had released its September quarter results over the weekend, which were liked by the market and brokerage houses.
Waaree Energies Listing
Vaari Energies, the country’s largest solar module manufacturing company, has entered the stock market with strength. The company’s shares were listed on BSE at Rs 2550, while the IPO price was Rs 1503. In this sense, the company’s stock has given a return of 70 percent or Rs 1047 per share on its listing. This IPO was subscribed 79.44 times overall.
global signals weak
Global signals appear weak for the domestic stock market. In today’s business, mixed trend is being seen in major Asian markets. Earlier on Friday, pressure was also seen on the American markets. On Friday, there was a big fall of 260 points in Dow Jones Industrial and it closed at the level of 42114.40. There was a rise of 103 points in NASDAQ Composite and it closed at the level of 18518.61. Whereas the S&P 500 index fell by about 2 points and closed at the level of 5808.12.
Talking about Asia, GIFT NIFTY is up by 0.47 percent while Nikkei 225 is up by 1.43 percent. There is a 0.14 percent decline in the Straits Times, while the Hang Seng has weakened by about 0.15 percent. A strength of 0.24 percent is being seen in Taiwan Weighted and 0.81 percent strength is being seen in Kospi. Shanghai Composite is showing a rise of 0.26 percent.
Crude below $73 per barrel
There is a huge fall in the prices of Brent crude. Brent crude has fallen by more than 4 percent and slipped below $ 73 per barrel. It had gone below $72 intraday. At the same time, WTI crude has also fallen below 68 dollars per barrel with a decline of more than 4 percent. The dollar index is at the level of 104.41, while the 10-year bond yield has now increased to above 4.25 percent.
FII and DII data
According to the provisional data available on NSE, on October 25, 2024, foreign portfolio investors i.e. FIIs were net sellers and sold shares worth Rs 3036.75 crore. Whereas domestic institutional investors were net buyers during this period and they bought shares worth Rs 4159.29 crore on October 25, 2024.
F&O ban list on NSE
Today, on October 28, 2024, the stock list under F&O ban on NSE includes Aarti Industries, Bandhan Bank, Dixon Technologies, Escorts Kubota, IDFC First Bank, Indiamart Intermesh, L&T Finance, Manappuram Finance, NMDC and RBL Bank.
