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Stock Market Today
In today’s trading session, the Indian stock markets gave up their early gains as investors booked profits in anticipation of the market vacation on October 26, Wednesday. The 50-share Nifty50 index closed at 17,656.35, down by 74.40 points or 42 percent, while the BSE Sensex Today 26 Oct 2022 concluded the day at 59,543.96, down more than 287.70 points or 0.5%. Due to Diwali Balipratipada, the domestic equities markets won’t be open for trade.
Due to the FMCG industry’s and private banks’ underwhelming performances, there was pressure on the market. On Thursday, which is also a day of monthly expiry, the markets will reopen.
Sensex Today
11 of the 30 stocks in the BSE Sensex Today 26 Oct 2022 closed in the green while 19 did not. Tech Mahindra, Larsen & Toubro, Maruti Suzuki, Dr. Reddy’s Laboratories, and State Bank of India were the biggest gainers (SBI). Nestle India, Hindustan Unilever, Bajaj Finserv, Kotak Mahindra Bank, and HDFC were the biggest losses.
Nifty50
18 equities in the 50-share Nifty50 are rising while the other 32 are falling.
Eicher Motors, Tech Mahindra, Maruti Suzuki, Larsen & Toubro, JSW Steel Britannia Industries Nestle India, Hindustan Unilever, Bajaj Finserv, and Kotak Mahindra Bank were the biggest losses.
Dow Jones Today
The Dow Jones Industrial Average turned upward on Tuesday after the release of the quarterly earnings reports from blue-chip companies 3M and Coca-Cola. After the closing, Microsoft’s results are scheduled to be released.
The Dow Jones Industrial Average opened at 31,463.65, down 35.97 points, or 0.11%.
DAX Index
Following the end of trading on Monday, Germany’s stock market rose as increases in the utilities, industrials, and technology sectors drove up the market.
At the Frankfurt closing bell, the DAX rose 1.58% to a record high for the month, while the MDAX index rose 1.41% and the TecDAX index rose 1.30%.
RWE AG ST O.N. (ETR:RWEG), which increased 4.01% or 1.48 points to conclude trading at 38.38 on the DAX, was the session’s top performer. Siemens AG Class N (ETR:SIEGn) increased 2.81% or 3.00 points to 109.84 in late trade, and E.ON SE (ETR:EONGn) increased 3.26% or 0.26 points to close at 8.17.
Nasdaq Index
The fact that the NASDAQ is rising suggests that investors are probably already betting on positive earnings reports from major technology companies coming out after the bell. These publications should provide more information about the state of the American economy.
Among the firms scheduled to release profits after the bell are Alphabet and Microsoft. Also available is food from Chipotle Mexican Grill.
The Nasdaq Composite climbed 44.35 points, or 0.40%, to 10,996.97 at the opening bell.
S and P 500
As investors processed a mixed bag of earnings reports on Tuesday, the S&P 500 and the Nasdaq began higher, with Microsoft and Alphabet surging ahead of their results later in the day. The S&P 500 began up by 2.10 points, or 0.06%, at 3,799.44.
SGX Nifty
Indian stocks could continue their gains from the muhurat trading session, although expected selling in a few index heavyweights would cap the increases.
The Nifty futures contract on the Singapore Exchange fell 33.5 points, or 0.19 percent, to 17,859, indicating that Dalal Street will begin Tuesday with a loss.
Technical data indicate that the Nifty 50 index is likely to exceed 17800 levels following its upward movement on Monday, the eve of Diwali.
Crude Oil Futures
On Tuesday, crude oil futures fell by 0.55 percent to Rs 7,008 a barrel as traders reduced their holdings due to weak demand.
With 4,227 lots traded, crude oil for November delivery on the Multi Commodity Exchange decreased by Rs 39 (0.55%) to Rs 7,008 a barrel.
Globally, West Texas Intermediate crude oil was up 0.7% at USD 84.64 per barrel, while Brent crude in New York was down 0.5% at USD 93.21 per barrel.
Gold Silver Price
Taking cues from sluggish global prices, gold prices in the national capital fell Rs 196 on Tuesday to hit Rs 50,702 per 10 kilos, according to HDFC Securities. On Monday, the price of a gram of yellow gold had settled at Rs 50,898. Similarly, the COMEX spot price for gold decreased slightly from USD 1,649.3 per ounce on Monday to USD 1,643.2 per ounce.
Silver prices in the nation’s capital also fell by Rs 724 on Tuesday, settling at Rs 57,501 per kilogram. It had ended the previous trading at Rs 58,225 for each kilogram. In contrast to Monday’s price of USD 19.21 per ounce, the COMEX spot price of silver on Tuesday was USD 18.96 per ounce.
Stock Market Today’s Top Gainers
The Top Gainers in Today’s Stock Market are
| TECHM | 1082.55 | +3.29% |
| MARUTI | 9004.4 | +2.72% |
| LT | 1947.90 | +1.98% |
| DRREDDY | 4441.25 | +1.47% |
| SBIN | 578.15 | +1.37% |
Stock Market Today’s Top Losers
The Top Losers in Today’s Stock Market are
| NESTLEIND | 20281.6 | -2.81% |
| HINDUNILVR | 2504.35 | -2.71% |
| BAJAJFINSV | 1659.05 | -2.55% |
| KOTAKBANK | 1847.05 | -2.52% |
| RELIANCE | 2441.85 | -1.53% |
Overall World Stock Market
Due to the uncertainty surrounding whether President Xi Jinping’s new leadership team will prioritize economic development in China, where the onshore yuan completed the domestic session with its worst close since late 2007, Asian stocks found it difficult to gain ground.
The STOXX 600 was up 0.1% at 1100 GMT as European stock indices began higher but found it difficult to maintain gains (.STOXX).
The MSCI European Index (.MSER) was up 0.2% after retreating from a 5-week high earlier in the session, while the MSCI global stock index (.MIWD00000PUS), which measures equities in 47 nations, was flat on the day (.MSER).
The European stock market’s mood was also helped by certain profit results that exceeded forecasts, with Swiss bank UBS (UBSG.S) among those who did so.