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Stock Market Today
On Tuesday, the local stock market finished with robust gains due to favorable global and domestic trends. The Sensex Today 20 Oct 2022 rose 549.62 points, or 0.94%, to 58,960.60. The Nifty 50 rose 175.15 points, or 1.01%, to 17,486.95.
Foreign portfolio investors (FPIs) sold shares worth Rs 153.40 crore in the Indian equities market, while domestic institutional investors (DIIs) were net purchasers worth Rs 2,084.71 crore.
Sensex Today
The Sensex Today 20 Oct 2022 and Nifty finished higher on Wednesday, climbing for the fourth consecutive session, boosted by buying in index mainstays Reliance Industries and the HDFC twins. The 30-share BSE Sensex advanced 146.59 points, or 0.25 percent, to 59,107.19. It rose 439.09 points, or 0.74 percent, throughout the day to 59,399.69.
The wider NSE Nifty rose 25.30 points, or 0.14 percent, to 17,512.25.
Nestle, HDFC, Axis Bank, Reliance Industries, ITC, HDFC Bank, and UltraTech Cement were among the top Sensex Today 20 Oct 2022 gainers.
Nifty50
For the second session in a row, the Nifty closed above the previous consolidation high. The trend is projected to continue as long as the Nifty remains above the critical support level of 17,400. Resistance is seen at 17,700 on the higher end; over 17,700, the index may advance towards 17,900. On the low end, below 17,400, the index may fall to 17,250.
Dow Jones Today
The Dow Jones Industrial Average (.DJI) increased by 337.98 points, or 1.12%, to 30,523.8, the S&P 500 (.SPX) increased by 42.04 points, or 1.14%, to 3,719.99, and the Nasdaq Composite (.IXIC) increased by 96.60 points, or 0.9%, to 10,772.40.
Investors were encouraged by British Finance Minister Jeremy Hunt’s policy reversal on Monday.
DAX Index
The DAX 40 index has retained recent gains as a brighter outlook for risk assets appears to outweigh a firm Federal Reserve stance on further tightening of financial conditions.
European equities have benefited from prices being low after falling earlier in the week. Warmer weather and higher-than-expected inventory levels in preparation for the next northern winter appeared to be the impetus for the shift.
Nasdaq Index
For the second consecutive session this week, US markets gained ground on Tuesday. The markets rose on positive mood surrounding Goldman Sachs’ quarterly report. At the time of publication, the stock was trading at USD 314.18 USD, up USD 7.47 or 2.44 percent on Nasdaq. The Dow 30 was trading at 30,434.10, up 248.23 points or 0.82 percent from the previous day’s close. Meanwhile, the S&P 500 and Nasdaq Composite were trading at 3,708.58 and 10,757, respectively, up 30.63 points (0.83%) and 81.25 points (0.76%).
S and P 500
On Tuesday, Wall Street stocks finished higher and Treasury rates fell as positive profits and better-than-expected manufacturing data fueled a risk-on surge.
Building on Monday’s wide gains, the S&P 500 led the major US stock indices higher, finishing the session up roughly 1% or more, with sectors increasing across the board.
SGX Nifty
Nifty 50 index futures trading on the Singapore stock market suggest that the Nifty might jump 25 points at the opening bell.
Crude Oil Futures
Crude prices fell on worries of increased US inventories and signs of dwindling global demand. The price of US crude fell 3.09% to $82.82 per barrel, while Brent fell 1.74% to $90.03 per barrel.
Gold Silver Price
Silver decreases by Rs 276; gold falls by Rs 276. According to HDFC Securities, the national capital’s old prices decreased by Rs 276 to Rs 50,471 per 10 grams on Wednesday because of sluggish global trends. The precious gold had previously settled at Rs 50,747 per 10 kilos. Silver fell Rs 487 to Rs 56,406 per kilogramme, down from Rs 56,893 per kg. Gold was quoted lower on the international market at USD 1,643.5 per ounce, while silver was priced lower at USD 18.62 per ounce.
Stock Market Today’s Top Gainers
Top Gainers in Today’s Stock Market are
| NESTLEIND | 19800.0 | +2.14% |
| HDFC | 2381.35 | +2.13% |
| RELIANCE | 2496.50 | +1.88% |
| ITC | 346.35 | +1.79% |
| AXIS BANK | 829.65 | +1.69% |
Stock Market Today Top Losers
The top Losers in Today’s Stock Market are
| NTPC | 164.00 | -1.77% |
| SBIN | 553.20 | -1.64% |
| BAJAJFINSV | 1698.90 | -1.56% |
| HCLTECH | 995.40 | -1.41% |
| INFY | 1485.00 | -1.23% |
Overall World Stock Market
Following a 40-year high CPI in the UK, European markets halted their winning streak. However, the strong US market as a consequence of robust corporate earnings reports is assisting the domestic market in maintaining its current trend. Falling oil prices as a result of greater US production and a worldwide economic slump are boosting India’s confidence.
European stocks continued their policy U-turn bounce, helped by the tech sector, to settle marginally higher on the day. The pan-European STOXX 600 index (.STOXX) gained 0.34%, while the MSCI World Index (.MIWD00000PUS) gained 1.13%.
Emerging market stocks increased by 1.50%. The MSCI Asia-Pacific Index (.MIAPJ0000PUS) finished 1.55% higher, while Japan’s Nikkei (.N225) jumped 1.42%. Treasury rates fluctuated throughout the session but had fallen by the closing bell.