- Tata Motors, Sun Pharma, IOC to post Q3 earnings
- D-St Debut: AGS Transact off to a flat start
- Bitcoin, Dogecoin, SHIB & Terra tank up to 10%
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Q3 EARNINGS: UPL
Morgan Stanley upgrades FSN E-Commerce Ventures (Nykaa) to overweight with a price target of Rs 2,040
Price as on 31 Jan, 2022 10:54 AM, Click on company names for their live prices.
All Nifty IT index constituents in the green today
PM addresses ahead of Budget session
> In today’s global situation, there are lot of opportunities for India
We advise investors to hold the company for long term for good returns seeing company’s product portfolio and technological capacities we think it will be a good investment option for long term.
– Mohit Nigam, Head – PMS, Hem Securities on AGS Transact stock
Top performers from the real estate sector in today’s trade
Price as on 31 Jan, 2022 10:29 AM, Click on company names for their live prices.
Tata Motors, the third-largest stock holding of Rakesh Jhunjhunwala (RJ), is scheduled to post its third-quarter results later today. A host of brokerages are expecting the automaker to report a loss for the quarter. They noted that chip shortage continued to dent volumes of UK arm Jaguar Land Rover (JLR) and said more worrying is the expected pressure in the March quarter as Q4 is generally the best quarter for JLR.
AGS Transact set for a flat debut
Price as on 31 Jan, 2022 09:29 AM, Click on company names for their live prices.
Bitcoin, Dogecoin, SHIB & Terra tank up to 10%
The cryptocurrency market was back in the red on Monday, thanks to profit-booking following weekend gains. Trading volumes sank significantly on account of the holiday week in Asian markets. Bitcoin, along with other tokens, moved little over the weekend with light trading volume, as the majority of the markets in Asia headed to the weeklong Lunar New Year holiday. All of the top-10 digital tokens were trading lower during the trade on Monday. Terra dropped more than 10 per cent while XRP and Solana shed 5 per cent each.
Most active stocks on NSE
Price as on 31 Jan, 2022 09:25 AM, Click on company names for their live prices.
Sector Watch: All indices in the green
Top Sensex contributors
OPENING BELL: Sensex climbs 600 points, Nifty tops 17,300; Bajaj Finance, Infosys rise 2% each
Tata Motors, Sun Pharma and IOC to report Q3 results today
Pre-open session: Sensex jumps 550 pts, Nifty above 17,250
SGX Nifty signals a gap-up start
Nifty futures on the Singapore Exchange traded 146 points, or 0.85 per cent, higher at 17,238, signaling that Dalal Street was headed for a gap-up start on Monday.
Tech View: Nifty50 fails in comeback attempts; stay cautious
Nifty50 on Friday gave up intraday gains and formed what looked like a Shooting Star formation, which suggests the recovery attempt is over. On the weekly scale, the index formed a bearish candle. Analysts said since Nifty50 has been failing in its attempts, it is time to be cautious.
Hong Kong stocks open on positive note
Hong Kong shares started Monday with small gains in thin trade as investors prepare for a three-day Lunar New Year break. The Hang Seng Index added 0.31 percent, or 74.06 points, to 23,624.14. Mainland Chinese markets are closed for a holiday.
Japan stocks gain in early trade with eyes on earnings
Tokyo stocks opened lower but rebounded to positive territory in early trade on Monday after rallies on Wall Street, with investors shifting attention to upcoming corporate earnings reports. The benchmark Nikkei 225 index was up 0.66 percent or 177.55 points at 26,894.89 in early trade, while the broader Topix index edged up 0.54 percent or 10.19 points to 1,887.08.
Wall Street sees biggest daily gains of the year
Wall Street surged on Friday, notching its best day so far in 2022 after another zigzag session, ending a tumultuous week marked by mixed corporate earnings, geopolitical turmoil and an increasingly aggressive Federal Reserve. The Dow Jones Industrial Average rose 564.69 points, or 1.65%, to 34,725.47, the S&P 500 gained 105.34 points, or 2.43%, to 4,431.85 and the Nasdaq Composite added 417.79 points, or 3.13%, to 13,770.57.
Rupee closes almost flat at 75.07 against dollar
The rupee snapped its three-day losing streak to close 2 paise higher at 75.07 against the US dollar on Friday amid expectation of better dollar inflows from upcoming IPOs. Forex traders said geopolitical tensions, elevated crude oil prices and hawkish US Fed stance also weighed on the local unit. At the interbank foreign exchange market, the rupee opened at 75.12 a dollar and witnessed an intra-day high of 74.88 and a low of 75.13.
Sensex, Nifty50 on Friday
Market benchmarks reversed early gains to close in the red on Friday, capping a week of heavy declines triggered by a hawkish US Federal Reserve, geopolitical tensions and unabated foreign fund outflows. Sensex closed 76.71 points or 0.13 per cent lower at 57,200.23, marking its second straight session of losses. Likewise, the NSE Nifty too swung between gains and losses before ending 8.20 points or 0.05 per cent down at 17,101.95.