look news india
Stock market today: The Indian benchmark index Sensex and Nifty are expected to open with a flat start on 8 October. On October 7, the Indian benchmark indices reduced their intraday edge, but closed with auto, consumer durables, oil and gas, energy and realty stocks with purchases in the fourth consecutive session. The Sensex rose 0.17 percent to close at 81,926.75 in the last trading session. While the Nifty rose 0.12 percent to close at 25,108.30.
Today, stay with Moneycontrol to know what is happening in currency and equity markets. Here we are presenting a list of important news on all the news platforms for you, which can affect Indian and international markets.
Gift nifty
The gift Nifty is trading stable at 25,221, indicating the slow start of the day.
Major levels for Nifty 50:
Support based on axis points: 25,190, 25,225 and 25,280
Resistance based on axis points: 25,080, 25,046 and 24,991
Global market signal
There are mixed signs for Indian markets. FII has purchased in cash. There is also some short coverings in the futures market. The Nifty has declined. Meanwhile, the US market has broken its 7 days of continuous rise. Nasdaq has declined by 150 points.
US market status
The markets closed with a decline yesterday. Dow Jones closed down for the second consecutive day.
Reduce Oracle!
The stock closed down 3% yesterday. Gross margin was 14% in the second quarter. Revenue from cloud business is expected to increase by 2030. The target is to increase revenue from cloud business to $ 144 billion. Currently, the revenue of the cloud business is $ 10 billion.
Trump government in crisis!
Government work has been going on for seven consecutive days. There is no sign of interaction between Trump and Democrats. Flights from American cities are late. If the work is not over, the soldiers will not get salary. Air traffic control personnel are already getting low salary.
Gold prices at record level
There was a significant increase in international markets. Prices on Comex crossed $ 4,000. Bofa is expected to fall in prices in the fourth quarter. Jefferies should sleep 25% in their portfolio.
Asian market
Today, mixed business is being seen in the Asian market. The gift Nifty is trading with a strong lead of 3.00 points. Whereas, Nikkei is seen with a gain of 0.08 per cent to around 47,987.00. At the same time, Straits Times is seeing a decline of 0.41 percent. The Taiwan market is trading at 27,008.74 with a decline of 0.75 per cent. While Hang Seng is seen by 0.95 per cent to 27,008.74. Whereas, Shanghai Composite is trading at a level of 20.25 points, or 0.52 per cent, at 3,882.78.
American bond reward
The return on the 10-year-year Treasury increased by 5 basis points to 4.12 percent, while there was a slight change in the return on the 2-year Treasury and it came to 3.55 percent.
Dollar index
On Wednesday, the US dollar in Asian trade reached its six -week strongest level, as the US government’s closure increased, causing new concerns among investors and increased demand for safe investment assets.
FII and DII Statistics
Foreign institutional investors purchased Rs 1440 crore in Indian markets on 7 October. Whereas, domestic institutional investors purchased Rs 452 crore on this day.
F&O ban shares
Restricted securities under the F&O section include companies whose derived contracts are more than 95 percent of the market-wide range limit.
New stock involved in F&O ban: Neil
Shares maintained in F&O ban: RBL Bank
This stock was removed from F&O ban: Neil