Indian Stock Market News, Equity Market and Sensex Today in India | Equitymaster

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

SGX Nifty Down 55 Points; Indicates Negative Opening for Indian Stock Markets
Fri, 22 Jan SGX Nifty | Yash Vora, TM Team

The SGX Nifty opened on a negative note today.

At 8:10 am, it was trading down by 55 points, or 0.39% lower at 14,580 levels.

Trends on SGX Nifty indicate a negative opening for Indian stock markets.

Asian stock markets retreated from record highs today as investors took some money off the table after a recent rally that was driven by hopes a massive US economic stimulus plan by incoming President Joe Biden will help temper the Covid-19 impact.

The Hang Seng is trading down by 0.3% while the Shanghai Composite is down 0.4%. The Nikkei is trading lower by 0.34%.

In US stock markets, Wall Street indices rose to another record highs on Thursday as investors bet on strong earnings from big tech companies next week.

A better-than-expected reading on jobless claims also supported sentiment. First-time claims for unemployment insurance totalled 900,000 for the week ended January 16, lower than an estimate of 925,000 according to economists surveyed by Dow Jones.

The Dow Jones Industrial Average ended on a flat note while the tech heavy Nasdaq ended higher by 0.6%.

--- Advertisement ---
Like a Gold Mine for Investors?

Our co-head of research, Tanushree Banerjee, believes this is like a gold mine for investors.

Here's more...

Let's look at some of the most successful companies in the world today...

– Volkswagen Group, which owns Audi, Bentley, and
– Lamborgini
– Toyota
– Apple
– Samsung
– BMW
– Siemens
– General Electric
– Dell
– Boeing

What is common between them?

Well, the answer to this question is the key to finding multibagger stocks.

Tanushree revealed it all during our special event, The Great Indian Wealth Project.

If you missed this event for some reason, then you can watch the special replay of this event.

Click Here to Watch the Replay...
------------------------------

In the previous session, Wall Street indices had closed at record highs as President Joe Biden was sworn into office, ushering in hope that an improved vaccine rollout will ensure a smoother and faster reopening.

Biden released details of his Covid plan on his first full day in office, including 10 executive orders and his intent to use the Defense Production Act to ramp up protective equipment production.

US stock futures are trading lower today. Dow Futures are trading down by 93 points while Nasdaq Futures are trading lower by 49 points.

Crude oil prices fell in early trade today, retreating further from 11-month highs hit last week, on worries new pandemic restrictions in China will curb fuel demand in the world's biggest oil importer.

Here are the key events due later today:

  • Germany - Manufacturing & Services PMI - January
  • UK - Retail Sales - December
  • US - Manufacturing & Services PMI - January
  • US - Existing Home Sales - December

Back home, Havells India and Tata Communications will be among the top buzzing stocks today.

Market participants will also track the Rs 11.7 billion IPO by Indigo Paints, which will close for subscription today.

To know the top cues in today's stock market session, check out the pre-open commentary here.

Stay tuned for more updates on Indian stock markets in the upcoming commentary.

For information on how to pick stocks that have the potential to deliver big returns, download our special report now!

Read the latest Market Commentary


What else is happening in the markets today? Dig in...

Equitymaster requests your view! Post a comment on "SGX Nifty Down 55 Points; Indicates Negative Opening for Indian Stock Markets". Click here!

  

Stock Market Updates

WELSPUN CORP Share Price Up by 7%; BSE CAPITAL GOODS Index Down 0.1% (Today's Market)

Feb 25, 2021 03:34 PM

WELSPUN CORP share price is trading up by 7% and its current market price is Rs 132. The BSE CAPITAL GOODS is down by 0.1%. The top gainers in the BSE CAPITAL GOODS Index are WELSPUN CORP (up 6.6%) and THERMAX (up 7.1%). The top losers are V GUARD INDUSTRIES (down 0.7%) and L&T (down 1.4%).

L&T TECHONOLOGY Share Price Up by 6%; BSE IT Index Up 0.4% (Today's Market)

Feb 25, 2021 03:34 PM

L&T TECHONOLOGY share price is trading up by 6% and its current market price is Rs 2,640. The BSE IT is up by 0.4%. The top gainers in the BSE IT Index are L&T TECHONOLOGY (up 5.7%) and ZENSAR TECHNOLOGIES (up 7.3%). The top losers are TECH MAHINDRA (down 0.1%) and INFOSYS (down 0.1%).

JINDAL SAW Share Price Up by 13%; BSE METAL Index Up 3.2% (Today's Market)

Feb 25, 2021 03:22 PM

JINDAL SAW share price is trading up by 13% and its current market price is Rs 84. The BSE METAL is up by 3.2%. The top gainers in the BSE METAL Index are JINDAL SAW (up 12.6%) and COAL INDIA (up 7.9%). The top losers is HINDUSTAN ZINC (down 0.1%).

INDIABULLS REAL EST Share Price Up by 13%; BSE REALTY Index Up 1.7% (Today's Market)

Feb 25, 2021 03:22 PM

INDIABULLS REAL EST share price is trading up by 13% and its current market price is Rs 95. The BSE REALTY is up by 1.7%. The top gainers in the BSE REALTY Index is INDIABULLS REAL EST (up 13.4%). The top losers are OMAXE (down 0.6%) and OBEROI REALTY (down 1.9%).

BHEL Share Price Up by 11%; BSE CAPITAL GOODS Index Up 0.1% (Today's Market)

Feb 25, 2021 03:20 PM

BHEL share price is trading up by 11% and its current market price is Rs 48. The BSE CAPITAL GOODS is up by 0.1%. The top gainers in the BSE CAPITAL GOODS Index is BHEL (up 10.8%). The top losers are V GUARD INDUSTRIES (down 0.4%) and L&T (down 1.1%).

Sensex Trades Over 200 Points Higher; Dow Futures Up by 103 Points (Today's Market)

Feb 25, 2021 12:30 pm

BSE Sensex is trading up by 246 points, while the NSE Nifty is trading up by 112 points.

View More Indian Share Market News

Most Popular

Intraday Trading for a Living(Fast Profits Daily)

Feb 15, 2021

In this video, I'll cover your queries on intraday trading and also share my view on how to decide stop losses and target prices.

It's the Beginning of a New Bull Phase in Smallcaps(Profit Hunter)

Feb 24, 2021

Last time the smallcap index crossed 19k a big correction followed. Here's what makes it different this time.

Penny Stock Master Series: The Quest for 10X Profits in 10 Years(Profit Hunter)

Feb 12, 2021

This is first of the three part master series. In these editorials, I'll show you how to earn 10X returns from a penny stock portfolio over 10 years.

Top 5 Stocks Mutual Funds Bought and Sold in January 2021(Sector Info)

Feb 16, 2021

A look at what India's top equity mutual funds bought and sold in January 2021.

More

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get this Special Report,
The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

S&P BSE SENSEX


Feb 25, 2021 (Close)

MARKET STATS