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Stock Market Today
In the midst of a surge in international stock markets, significant buying in Infosys and banking companies helped equity indexes Sensex Today 15 Oct 2022, and Nifty close the day more than 1% higher on Friday.
The 30-share BSE Sensex Today 15 Oct 2022 increased by 684.64 points or 1.20 percent, finishing at 57,919.97. It increased by 1,199.79 points or 2.09 percent over the day to reach 58,435.12.
The larger NSE Nifty also increased by 171.35 points, or 1.01 percent, to close at 17,185.70.
The Sensex components that Infosys outperformed were HDFC Bank, HDFC, HCL Technologies, Larsen & Toubro, ICICI Bank, Kotak Mahindra Bank, Bajaj Finance, and State Bank of India. Infosys’ gain was close to 4%.
Sensex Today
As part of a surge in global stock markets, significant purchasing in Infosys, banking, and finance sectors helped lift equity indexes Sensex Today 15 Oct 2022, and Nifty higher on Friday. The 30-share BSE Sensex lost some ground after rising over 1,200 points during the course of the day, closing 684.64 points or 1.20 percent higher at 57,919.97.
Nifty50
The Nifty 50 has been finding support at 16950 points, which is close to its 200-DMA. Data indicates that the index has strong support between 16750 and 16800, therefore it will be important to watch if the Nifty 50 maintains its position above these levels.
Dow Jones Today
In tumultuous trading on Friday, the stock market failed to cling to early gains. The most recent economic statistics and huge bank results are giving investors conflicting signals, which they are sorting through.
In a 0.5% decline, the Dow Jones Industrial Average lost 159 points. The Nasdaq Composite has down 1.6%, while the S&P 500 has dropped 1.2%.
This comes after all three indices increased by more than 2% on Thursday as traders bought a temporary decline brought on by inflation that was more than anticipated.
DAX Index
After the market closed on Thursday, Germany’s equities rose as increases in the utilities, industrials, and technology sectors drove up stock prices.
At the Frankfurt market’s closing bell, the DAX index gained 1.51%, the MDAX index gained 1.51%, and the TecDAX index gained 1.12%.
The DAX’s strongest session performance was Deutsche Bank AG NA O.N. (ETR:DBKGn), which increased by 7.34% or 0.57 points to close at 8.36. MTU Aero Engines NA O.N. (ETR: MTX) was up 4.52% or 7.10 points to 164.10 in the late afternoon, and Siemens Energy AG (ETR: ENR1n) gained 4.60% or 0.47 points to close at 10.81.
Nasdaq Index
Following some early bumpy trading and an unexpected increase in inflation forecasts in the most recent mood poll, the stock market is declining on Friday.
The Nasdaq Composite (COMP.IND) is down 1.5%. A significant post-earnings price increase at UnitedHealth is helping the Dow.
After Russian President Vladimir Putin stated that he did not see the necessity for additional mass mobilization, the main averages had been higher.
S and P 500
When we originally tried to climb during the Asian and European sessions, but then gave back gains as the Americans joined in, the S&P 500 has been all over the place during the trading day on Thursday.
The S&P 500 (SP500) is down 1.1%. The weakest of the 11 S&P sectors, Energy, is lower. The sector of healthcare is doing best.
SGX Nifty
The Singapore Exchange’s Nifty futures traded 326 points, or 1.92 percent, higher at 17,283, indicating that Dalal Street will have a good day on Friday.
Crude Oil Futures
In a volatile trading day on Friday, oil prices fell as concerns about a worldwide recession and sluggish oil demand, particularly in China, overcame support from a significant reduction in the OPEC+ supply target.
While U.S. West Texas Intermediate (WTI) oil futures declined 85 cents, or 1%, to $88.26 at 1044 GMT, Brent crude futures were down 76 cents, or 0.8%, at $93.81 a barrel.
Despite oscillating between positive and negative territory on Friday, the Brent and WTI futures were both down more than 4% for the week, following two weeks of rises due to worries about the world economy.
Gold Silver Price
According to HDFC Securities, the price of gold dropped by Rs 261 to Rs 51,098 per 10 grams on Friday in the national capital as yellow metal prices fell on the worldwide market. The precious metal had previously traded at a cost of Rs 51,359 for every 10 grams.
Additionally, the price of silver dropped by Rs 692 per kilogram, from Rs 58,169 to Rs 57,477.
Stock Market Today’s Top Gainers
Top Gainers in Today’s Stock Market are
| INFY | 1474.05 | +3.82% |
| HDFC BANK | 1441.10 | +3.40% |
| HDFC | 2344.85 | +2.69% |
| HCLTECH | 1002.45 | +2.08% |
| KOTAKBANK | 1834.55 | +1.90% |
Stock Market Today Top Losers
The top Losers in Today’s Stock Market are
| M&M | 1230.25 | -1.40% |
| ASIANPAINT | 3185.60 | -0.80% |
| POWER GRID | 212.55 | -0.56% |
| RELIANCE | 2371.00 | -0.54% |
| WIPRO | 377.30 | -0.47% |
Overall World Stock Market
Investors have been risk-averse this week as a result of growing geopolitical unrest and concerns about the world economy’s downturn. However, because FII selling was aided by DII inflows, local sell-off was less pronounced than its worldwide equivalents. The domestic market also concentrated on quarterly results due to the IT industry’s strong start, which raised sector morale. Due to reduced demand from recessionary concerns and tighter Chinese controls, oil prices also fell, which benefited India just somewhat.
Data on US inflation came in a little higher than anticipated, fueling concerns of a fast rate increase. However, the oversold trajectory and minimal upside risk to the market and economy caused the US market to rebound quickly. Due to festive demand, Q2 results, and the upward trajectory of the global market, we anticipate the rally to continue in the near future.