look news india
gift nifty
GIFT indicates a positive start for Nifty in today's trading session. Nifty futures were trading around 26,360.
Accenture raises revenue growth guidance
Accenture announced better-than-expected results. Revenue growth guidance for FY25 raised to 3-6%. The company also announced a share buyback worth $4 billion. Today the focus will be on Indian IT companies.
Trent, BEL included in Nifty on Monday
BEL and TRENT will enter Nifty on Monday. LTI Mindtree and Divis Lab will be outside. There will be adjustment today.
Key levels for Nifty 50:
Support based on pivot points: 26,252, 26,311 and 26,408
Resistance based on pivot points: 26,059, 25,999 and 25,903
global market signals
Good signals are being seen from the global market. Business is off to a strong start in Asia. Gifty Nifty is trading up 50 points. Record rise in American markets yesterday. S&P closed at new high. In this way, Nasdaq remained bullish for the fourth consecutive day. Deutsche Bank said the S&P500 would reach 5,750.
Rise in base metals!
An increase in prices was seen in the international market. Copper reached its highest level in 2 months. Copper prices reached near $4.60. Steel hits 1-month high. Aluminium, Zinc at 3-month high. China is considering additional relief package. An additional package of 1 trillion yuan is expected.
The shine of gold and silver increased
Prices are continuously increasing in the international market. Gold prices have reached record highs. Gold crosses $2700 on COMEX. Silver reached its highest level in 12 years. Silver crossed $33 on COMEX. The market expects a rate cut in the US by 0.75%.
Decline in crude oil?
Prices continued to fall for the third consecutive day. Crude prices fell by about 3.50 percent. Brent prices have fallen below $71. WTI was also trading below $68. News of increased production in Saudi is increasing the pressure.
Asian market
Today mixed business is being seen in the Asian market. Gift Nifty is trading with a decline of 10.50 points. At the same time, Nikkei is seen around 38,964.65 with a gain of 0.10 percent. Whereas Straits Times is showing a weakness of 0.57 percent. Taiwan markets are trading with a decline of 0.57 percent. While Hang Seng is seen at the level of 20,361.90 with a gain of 2.24 percent. At the same time, Kospi is trading 0.31 percent weaker. At the same time, Shanghai Composite is trading 0.99 percent higher at 3,030.52.
FII and DII statistics
Foreign institutional investors sold Rs 629.96 crore in Indian markets on September 26. At the same time, domestic institutional investors purchased Rs 2405.12 crore on this day.
Upcoming shares in F&O ban
Restricted counterparties under the F&O segment include firms whose derivatives exposure exceeds 95 per cent of the market-wide position limit.
New stock included in F&O ban: Neel
Stocks remained unchanged in F&O restrictions: Nil
This stock removed from F&O ban: NIL