Indices
Nifty Outlook: Nifty 50 could have a muted start today with the previous closing at 23,346, the 23,400 level becomes an important level and any sustained upward movement above it could improve the broader momentum.
On the downside, the 23,250 is the immediate support zone, followed by 23,200 level.
Commodities
Brent Crude: Brent crude is nearing the $100 price mark again, currently at $101.8/barrel, easing from the peak price of $108/barrel in the recent hike.
Gold: Gold Price is ₹1,55,830 for 10g, 24 karat gold (99.9% purity).
Silver: The price of Silver is ₹254.90 per gram and ₹2,54,900 per kilogram.
FII/DII Data
FII/FPI: +600 crore
DII: +1020 crore
Global Markets
GIFT Nifty: GIFT Nifty is trading at 23,334 against the Nifty’s previous close of 23,346, indicating a muted start for the Indian Indices.
US Markets: US market closed mix on Friday, with Dow Jones closing -0.18% down, S&P 500 closing +0.17% up and Nasdaq closing at +0.39% up.
Asian Markets: Asian markets saw a positive upward momentum today.
News & Events
- Tata Trusts has said the resolution reappointing N Chandrasekaran as Tata Sons chairman is legally invalid because it did not receive the mandatory support of both Trust-nominated directors.
- Welspun Corp associate EPIC secures ₹2,000 crore Aramco steel pipe order.
- India’s export to core BRICS markets jump by 34%.
- Serum Institure pours ₹250 crore in Yotta’s Data center.
- Six companies line up IPOs worth ₹3825 crore.