MARKET LIVE: Gap up open likely on strong global cues; SGX Nifty up 170pts- QHN


on Monday amid strong global cues and steady foreign inflows. At 7:50 am, the SGX

quoted at 18,289 levels, 172 points higher.

Globally, the US markets were on a strong foot Friday ahead of Congressional mid-term elections and inflation report due this week. Dow Jones, the S&P 500, and NASDAQ Composite indices closed above 1 per cent each.

Asia-Pacific markets, too, rose in Monday’s trade as key indices like Nikkei 225, Topix, Kospi, and the S&P 200 gained up to 0.8 per cent.

On the commodities front, prices of Brent Crude and WTI Crude cooled off from their weekly highs to $97 per barrel and $91 per barrel, respectively.

Back home, shares of Divi’s Lab, Paytm, and BPCL will be closely tracked as the companies are due to report their July-September (Q2FY23) quarter results on Monday, November 7.

Among individual stocks, shares of SBI will be in focus after the bank’s net profit rose 74 per cent year-on-year (YoY) to Rs 13,265 crore in Q2FY23.

Note:- (Not all news on the site expresses the point of view of the site, but we transmit this news automatically and translate it through programmatic technology on the site and not from a human editor. The content is auto-generated from a syndicated feed.))

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