KEY ECONOMIC INDICATORS
World economic indicators
|
Stocks
|
Change
|
|---|---|
|
🇮🇳 Nifty
|
- 0.11%
|
|
🇮🇳 Sensex
|
– 0.11%
|
|
🇮🇳 India VIX
|
– 2.83%
|
|
🇺🇸 S&P 500
|
+ 0.76%
|
|
🇺🇸 Nasdaq
|
+ 1.04%
|
|
🇺🇸 Dow Jones
|
+ 0.49%
|
|
🇪🇺 Euro Stoxx
|
– 0.22%
|
|
🇨🇳 China A50
|
+ 1.34%
|
|
🇨🇳 DJ Shanghai
|
+ 1.23%
|
|
🇬🇧 FTSE 100
|
+ 0.42%
|
|
🇯🇵 Nikkei 225
|
- 0.26%
|
|
🇮🇩 IDX Composite
|
- 0.43%
|
|
🇸🇦 Tadawul All Share
|
- 0.29%
|
Top Gainers on Indian Stock Market
|
Stocks
|
Change
|
|---|---|
|
Tata Motors
|
+ 1.92%
|
|
ITC
|
+ 0.86%
|
|
Nestle India
|
+ 0.69%
|
|
Mahindra & Mahindra
|
+ 0.62%
|
|
Tata Consultancy
|
+ 0.57%
|
Top Losers on Indian Stock Market
|
Stocks
|
Change
|
|---|---|
|
Power Grid of India
|
– 1.92%
|
|
State Bank of India
|
– 1.11%
|
|
Titan Company
|
– 0.98%
|
|
Tata Steel
|
– 0.95%
|
|
Indusind Bank
|
– 0.93%
|
TOP NEWS
- Biocon Rallies on Regulatory Wins and EU Approval
- PG Electroplast Soars on Whirlpool Partnership and Ambitious Growth Plans
- Tata Group Stocks Rally as Tata Capital IPO Buzz Heats Up
- SEBI Suspends Bharat Global Shares Amid Fraud Allegations
- Greaves Cotton Surges as Electric Mobility Arm Gears Up for IPO
- Aarti Drugs Snaps Losing Streak with a Sharp 11% Jump
- Bharat Forge in the Spotlight After $64.5 Million Infusion into U.S. Subsidiaries
- Angel One’s Rollercoaster Ride
- TVS Motor Makes Its Move
- Holiday Breaks and Market Movements
OVERVIEW
Indian markets closed a bit lower today, after a relief rally helped break a five-day losing streak in the previous session. The Nifty 50 slipped 0.11%, settling at 23,727, while the Sensex saw a marginal 0.09% drop, finishing at 78,472. While the previous session gave investors a brief moment of hope, analysts aren’t expecting any fireworks this week. The general vibe seems to be one of cautious optimism, with markets likely to stay rangebound ahead of the upcoming corporate earnings season and without any fresh catalysts to get excited about.
FMCG and auto stocks lent some support, but metals and PSU stocks kept the indices in check. The Nifty Midcap 100 saw a slight dip of 0.06%, while the Nifty Smallcap 100 managed to squeeze out a small gain of 0.24%. Sectors like large-cap financials, pharma, and IT, which are more stable, could offer some resilience. Digital stocks, with their rapid growth, might also hold up better than most.
Globally, Chinese stocks made headlines with a solid rally, driven by optimism surrounding Beijing’s plans to issue $411 billion in special treasury bonds next year. The Shanghai Composite gained 1.3%, and the CSI300 jumped by the same margin, reflecting renewed hopes for fiscal stimulus to boost China’s struggling economy. Meanwhile, oil prices climbed over 1%, buoyed by tighter supply expectations as holiday trade thins out. Brent crude settled at $73.58, while US West Texas Intermediate crude closed at $70.10.
In the commodities market, gold slipped by Rs 1,000 per 100 grams, settling at Rs 7,09,000. It seems even the allure of gold couldn’t escape the broader market lull today.