Share Wealth

Indian benchmark indices Sensex and Nifty 50 are likely to see a flat to positive start on October 22, tracking cues from GIFT Nifty trading around 24,797, a short while ago this morning.

After showing smart recovery in the previous session, the market remained under pressure on Monday (October 21) amid selling across the sectors barring auto.

On Monday, the 30-share benchmark index ended at 81151.27 down by -73.48 points or by -0.09 % and then NSE Nifty was at 24781.1 down by -72.95 points or by -0.29 %. On the global front,

Meanwhile, markets in the Asia-Pacific region were mostly lower on Tuesday, following a mixed showing on Wall Street overnight.

Australia’s S&P/ASX 200 was trading down 1.3 per cent. South Korea’s Kospi was down 1.2 per cent and its small cap peer Kosdaq was down 2 per cent.

Japan’s Nikkei 225 was also down 1.24 per cent, and the broad based Topix was trading 0.79 per cent lower. In China, the Shanghai Composite was down 0.1 per cent, and the CSI300 was down 0.32 per cent, while Hong Kong's Hang Seng was trading ahead by 0.6 per cent.

That apart, global equity markets lost ground on Monday as traders remained cautious amid rising geopolitical tensions and uncertainty over the US presidential election that helped push gold futures to new highs.

The Israeli military is continuing its attacks against Lebanon's Hezbollah militant group, with hundreds of Beirut residents fleeing their homes late on Sunday as explosions rocked the Lebanese capital.

The benchmark S&P 500 and Dow finished lower, with defensive stocks including real estate and healthcare among the leading drags. The Nasdaq closed slightly stronger, with Nvidia finishing at a record high, ahead of a busy week for corporate earnings.

The Dow Jones Industrial Average fell 0.80 per cent, to 42,931.60, the S&P 500 fell 0.18 per cent to 5,853.98 and the Nasdaq Composite rose 0.27 per cent to 18,540.01. The European shares index lost 0.66 per cent, while MSCI's gauge of stocks across the globe fell 0.37 per cent.

Overnight in Asia, MSCI's broadest index of Asia-Pacific shares outside Japan closed 0.5 per cent lower. Back home,Top traded Volumes on NSE Nifty – Tata Steel Ltd. 25799090.00, HDFC Bank Ltd. 23274177.00, Kotak Mahindra Bank Ltd. 13178137.00, Wipro Ltd. 11983482.00, Tata Consumer Products Ltd. 11484692.00,

On NSE, total number of shares traded was 310.95 Crore and total turnover stood at Rs. 102475.68 Crore.

On NSE Future and Options, total number of contracts traded in index futures was 429769 with a total turnover of Rs. 29267.22 Crore. Along with this total number of contracts traded in stock futures were 1752595 with a total turnover of Rs. 137502.90 Crore. Total numbers of contracts for index options were 465613711 with a total turnover of Rs. 31137045.82 Crore. and total numbers of contracts for stock options were 8318548 with a total turnover of Rs. 680923.98 Crore.

The FIIs on 21/10/2024 stood as net buyer in equity and debt. Gross equity purchased stood at Rs. 12969.00 Crore and gross debt purchased stood at Rs. 160.24 Crore, while the gross equity sold stood at Rs. 18112.98 Crore and gross debt sold stood at Rs. 494.67 Crore. Therefore, the net investment of equity and debt reported were Rs. -5143.98 Crore and Rs. -334.43