Press "Enter" to skip to content

Market LIVE Updates: Indices open lower amid weak global cues; ZEE, Delta Corp, Tata Motors in focus –

October 12, 2021 / 08:05 AM IST

Buzzing Stocks: Delta Corp, HFCL, Tata Motors and other stocks in news today

October 12, 2021 / 09:17 AM IST

Gainers and Losers on the BSE Sensex in the early trade:

October 12, 2021 / 09:16 AM IST

Market Opens: Indian indices opened on negative note on October 12 amid weak global cues.

At 09:15 IST, the Sensex was down 117.08 points or 0.19% at 60018.70, and the Nifty was down 11.70 points or 0.07% at 17934.30. About 1086 shares have advanced, 531 shares declined, and 133 shares are unchanged.

October 12, 2021 / 09:11 AM IST

Trade Spotlight | What To Do With Indian Energy Exchange, Tata Power, Amber Enterprises Stocks?

Trade Spotlight | What To Do With Indian Energy Exchange, Tata Power, Amber Enterprises Stocks?

Here’s what Jatin Gohil of Reliance Securities, recommends investors should do with these stocks when the market resumes trading today.

October 12, 2021 / 09:05 AM IST

ICICI Direct

Indian markets are likely to open on a negative note on the back of negative Asian cues on concerns about elevated inflation stoked by energy costs and the possibility of a widening Chinese crackdown on private industry. US markets ended lower on the back of concerns on the inflation outlook with more data on corporate earnings awaited.

October 12, 2021 / 09:02 AM IST

Market at pre-open: Benchmark indices are trading flat in the pre-opening session amid weak global cues.

At 09:01 IST, the Sensex was down 42.51 points or 0.07% at 60093.27, and the Nifty was up 17.80 points or 0.10% at 17963.80.

October 12, 2021 / 08:54 AM IST

RBI may hike rates in March quarter of 2022: Report

The Reserve Bank is likely to change the stance of its monetary policy and hike rates from the first quarter of 2022, a Japanese brokerage said on Monday. The central bank will start with liquidity normalisation moves this month, narrowing the difference between the rate at which it funds the system and at which it absorbs excess liquidity in December, Nomura said.

October 12, 2021 / 08:51 AM IST

FII and DII data

Foreign institutional investors (FIIs) net sold shares worth Rs 1,303.22 crore, while domestic institutional investors (DIIs) net sold shares worth Rs 373.28 crore in the Indian equity market on October 11, as per provisional data available on the NSE.

October 12, 2021 / 08:45 AM IST

Siddhartha Khemka, Head – Retail Research, Motilal Oswal Financial Services:

Given the sharp rally in markets, valuations have turned expensive and demand consistent earnings delivery v/s expectations. Rising energy and commodity prices, disruptions in global supply chains, US Fed taper talks and US government debt ceiling are some of the factors which can also led to higher global market volatility. 

In this environment of global uncertainty as well as elevated valuations, we expect stock / sector specific action to continue. With the opening up of the economy and improved demand environment offers several bottom-up opportunities. Hence investors should make use of any dips in the market to accumulate fundamentally strong stocks.

October 12, 2021 / 08:37 AM IST

Asian Markets Update:

Asian shares dropped and the safe-haven dollar held firm on Tuesday, as a global energy crunch fuelled inflation fears, clouding investor sentiment before the U.S. corporate earnings season.

MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.9% in early trade, after U.S. stocks ended the previous session with mild losses. U.S. stock futures, the S&P 500 e-minis, fell 0.43%.

Australian shares slipped 0.29% while Japan’s Nikkei stock index slid 1.03%.

October 12, 2021 / 08:26 AM IST

Hot Stocks | ‘Can Bet On VIP Industries, Rupa & Company, Glenmark Pharma For 10-15% Gains In Short Term’

Hot Stocks | 'Can Bet On VIP Industries, Rupa & Company, Glenmark Pharma For 10-15% Gains In Short Term'

Short-term trend is expected to remain positive for both Nifty and Bank Nifty. Next upside target for Nifty is seen around 18,200 and 18,450, said Nandish Shah of HDFC Securities.

October 12, 2021 / 08:22 AM IST

Japan wholesale inflation spikes, squeezing corporate profits

Japan’s wholesale prices surged 6.3% in September from a year earlier as raw material costs continued to rise, data showed on Tuesday, a sign that global commodity inflation is squeezing the bottom line for corporates.