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

MEMBER'S LOGINX

     
Invalid Username / Password
   
     
   
     
 
Invalid Captcha
   
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

Sensex Today Trades Higher | Sunteck Realty Jumps 6% | HUL & BPCL Top Gainers
Wed, 11 Oct 10:30 am

Sensex Today Trades Higher | Sunteck Realty Jumps 6% | HUL & BPCL Top Gainers

Asia's stock markets rose on Wednesday and the dollar beat a retreat as a dovish shift in tone from Federal Reserve officials had traders paring US interest rate expectations.

The MSCI's gauge of Asia Pacific stocks outside Japan was up 1.3%, while Japan's benchmark Nikkei average rose 0.5%.

US stocks rose Tuesday after pressure relaxed on Wall Street from the bond market.

Here's a table showing how US stocks performed on Tuesday:

Stock/IndexLTPChange ($)Change (%)Day HighDay Low52-Week High52-Week Low
Alphabet139.2-0.3-0.22%140.74138.43140.7483.45
Apple178.39-0.6-0.34%179.72177.95198.23124.17
Meta321.843.481.09%324.66318.16326.288.09
Tesla263.623.951.52%268.94257.65299.29101.81
Netflix373.32-12.63-3.27%388.7372.25485211.73
Amazon129.481.220.95%130.74128.05145.8681.43
Microsoft328.39-1.43-0.43%331.1327.67366.78213.43
Dow Jones33739.3134.650.40%33898.2233604.3235679.1328660.94
Nasdaq15131.5284.370.56%15241.9415050.5415932.0510440.64
Data Source: Equitymaster

Back home, Indian share markets are trading on a positive note.

At present, the BSE Sensex is trading higher by 437 points. Meanwhile, the NSE Nifty is trading higher by 127 points.

HUL, Grasim industry and BPCL are among the top gainers today.

--- Advertisement ---
Investment in securities market are subject to market risks. Read all the related documents carefully before investing

Details of our SEBI Research Analyst registration are mentioned on our website - www.equitymaster.com
----------------------------------------

Coal India, SBI Life Insurance and Power Grid Corporation on the other hand are among the top losers today.

Broader markets are trading positively. The BSE Mid Cap index is and the BSE Small Cap index is trading up by 1%.

Sectoral indices are trading on a positive note with stocks in the realty sector, oil and gas sector and power sector witnessing buying.

The rupee is trading at Rs 83.22 against the US dollar.

In commodity markets, gold prices are trading marginally higher at Rs 57,674 per 10 grams today.

Meanwhile, silver prices are trading 0.2% higher at Rs 69,044 per 1 kg.

Now track the biggest movers of the stock market using stocks to watch today section. This should help you keep updated with the latest developments...

Speaking of stock markets, the festival season is already here.

And so is the season of sales and discounts. Everything from branded clothes to accessories to electronics, smartphones and even motorbikes are available on easy EMIs.

There are only a few companies that make money no matter how many customers buy which products of which brands.

Guess who they are. Bajaj Finance is certainly one of them.

So, should the NBFC stock be on your watchlist?

Research Analyst, Tanushree Banerjee answers this in the below video.

--- Advertisement ---
Investment in securities market are subject to market risks. Read all the related documents carefully before investing

Choose Your Pick

Unnecessarily Risky Small Caps vs Small Caps Brimming with Opportunity

Discover the Small Cap Strategy Thousands of Equitymaster Subscribers Use

I'm interested
Details of our SEBI Research Analyst registration are mentioned on our website - www.equitymaster.com
---------------------------------------------

Bank of Baroda to suspend onboarding customers

The Reserve Bank of India (RBI) on Tuesday directed the Bank of Baroda to halt the onboarding of new customers onto its "Bob World" mobile application. The bank has also been instructed to ensure that no existing customer of the application faces any disruption due to this suspension.

The action is based on certain material supervisory concerns observed in how customers were onboarded onto this mobile application.

Any future onboarding of Bank of Baroda customers on the Bob World application will be contingent upon rectifying the identified deficiencies and the strengthening of the relevant processes by the bank to the satisfaction of RBI.

Earlier this year, the central bank imposed a fine of Rs 30 lakh on Bank of Baroda for deficiencies in regulatory compliance related to Know-Your-Customer (KYC) norms.

On the preceding Monday, the Central Bureau of Investigation (CBI) arrested five individuals, including two retired officials from the Rail Land Development Authority (RLDA) and Bank of Baroda, about an alleged misappropriation of Rs 315 m.

The CBI registered the case based on a complaint from RLDA, alleging it had incurred a loss of Rs 315 m due to actions by unidentified individuals.

Between May 2022- May 2023, Bank of Baroda has delivered a return of 85.9%. Take a look.

chart

The bank had a dream run in the financial year 2023. To know if this rally is here to stay, check out our editorial- 5 Indian Banks that Posted Record High Profits in FY23. Will the Dream Run Continue?

MCX's new commodity derivatives platform

Multi Commodity Exchange of India (MCX), the country's largest commodity derivatives exchange, on October 10 announced the launch of a new web-based commodity derivatives platform (CDP) with effect from 16 October, with a mock session planned a day earlier.

In the circular, members can log in to the new front-end set-up, namely the new trading workstation - MCX Trade Station (MTS), and new member admin terminal - Member Control Station (MCS) from 14 October 2023.

Members should note that all the pending orders (including GTC / GTD orders) at the end of trading hours on Friday, 13 October 2023 will be cancelled due to the release of the new trading platform.

--- Advertisement ---
Investment in securities market are subject to market risks. Read all the related documents carefully before investing

India's Lithium Megatrend is an Emerging Opportunity for Investors

We all know how oil producing countries made fortunes in the last century.

But now, the world is moving away from oil... and closer to Lithium.

Lithium is the new oil. That's the reason why India is focusing heavily on expanding its lithium reserves.

If you can tap into this opportunity, then there is a potential to make huge gains over the long term.

See Details Here
Details of our SEBI Research Analyst registration are mentioned on our website - www.equitymaster.com
---------------------------------------------

Option Devolvement Intimation can be provided by members on the expiry date of the Options contract from 16 October.

The planned launch of the new commodity derivatives platform got delayed as market regulator SEBI put a temporary suspension till the first week of October. This delay was prompted by the filing of writ petitions by the Chennai Financial Markets and Accountability in the Madras High Court.

These petitions raised technical concerns about the platform transition, leading SEBI to exercise prudence and take a cautious approach.

MCX has a strong market position and a loyal customer base, making it one of the best monopoly stocks in India.

To know what's moving the Indian stock markets today, check out the most recent share market updates here.

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


Equitymaster requests your view! Post a comment on "Sensex Today Trades Higher | Sunteck Realty Jumps 6% | HUL & BPCL Top Gainers". Click here!