Global Events
World Markets.
US Market Mixed
Dow UP 129 (+0.24%)
NASDAQ Down 54 (-0.21%), S&P Down 40 (-0.52)
European Market Negative
FTSE 0 (0.00%), CAC Down 28 (-0.37%),
DAX Down 190 (-0.75%)
Asian Markets Mixed
Nikkei Down 355 (-0.57%), Hang S. UP 47 (+0.20%),
Taiwan 0 (0.00%), Kospi Down 55 (-0.98), Shanghai Down 13 (-0.34%),
St.Ti Down 17 Points (-0.32%)
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“One serious start can delete years of delay.”
FX Hub: Drivers of Global and INR Markets:
USDINR: Exp Range: 94.60-95.25
The rupee had depreciated for the second consecutive day and fell 12 paise to close at 94.93 against the US dollar on Friday, pressured by rising crude prices and sluggish domestic equities, with ongoing Saudi-Houthi tensions threatening to keep oil markets volatile. New Zealand banks will be closed in observance of Labor Day. Data in the US showed that business activity expanded but at a slower pace. The flash S&P Global Manufacturing PMI came at 56 in October, above 55.9 in September. The Services PMI dipped from 58.8 to 57.9, as expected. UK data were mixed: the S&P Global Composite PMI rose to 53.1 from 52 in September, while Retail Sales deteriorated from 2.7% to 0.8% YoY, below forecasts. The US central bank is widely expected to leave interest rates unchanged in the 3.75%-4.00% range. Escalating geopolitical conflict in the Middle East has driven broader market risk aversion. Brent Crude prices at $110.30/bbl while DXY trading at 101.56 levels.
Global Markets:
U.S. and global technology bellwethers faced downward pressure due to investor concerns over near-term capital scarcity and overextension in AI spending. Major global stock market indices recently closed with mixed-to-lower performance.
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US, Europene and Asian all markets in ‘RED ZONE’
US Future rises but US market down as Healthcare shares fall
Crude oil eases near 114$ per barrel
Taiwan’s stock market to remain closed today
Gold down and Silver UP, Gold falls 3 month low as oil rises
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Gift Nifty UP 8 (+0.03)
Dow Future UP 119
Nasdaq Future UP 30
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All Eyes On....
Federal Reserve monetary policy meeting tomorrow and outcome on Wednesday
Domestic Events
Dollar Down 0.18 at 101.63
Rupees Down 0.11 paisa to close at 94.94 against US$
Sector Watch
Pharma, Banking (PVT), Paints, Cement, Auto Equipment, Food Delivery
Sector Avoid
Metal, Defence, Realty, OMCS, Tyres, Auto
Indian Markets Trend
With flat to positive opening markets to rebound in near term
However recovery unlikely to sustain later on
Overall market momentum to remain causious and Bearish
Result related and selected stocks to remain in focus
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ALL EYES ON...
Sensex monthly expiry tomorrw
Primary Markets
Mainboard IPO Subscribed : Jio Platforms 22.19x and Paras Health 2.34x on the last day
EAAA India IPO opens today : Price Rs. 1585 to Rs. 1665
Today Listing
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Q-3 FY27 Results
Tata Consumer, Paytm, Mankind Pharma, Sona BLW, REC, BK of Maha., IOB, APL Apollo,
Ather Energy, Supreme Ind., ITC Hotels, Kfin, Nazara, Sumitomo Chemical
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