iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

Firm opening on the cards; volatility may zoom due to F&O expiry

27 Oct 2022 , 08:30 AM

Trading could be volatile today as traders roll over positions in the F&O segment from the near month October series to November series. The October 2022 F&O contracts will expire today, 27 October 2022. SGX Nifty: Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 95 points at the opening bell. Global markets: Overseas, Asian stocks are trading higher on Thursday on growing expectations that major central banks could start slowing the pace of interest rate hikes in coming months. The Bank of Japan begins its two-day meeting on monetary policy Thursday. South Koreas third-quarter GDP grew 0.3% from the previous quarter, according to official advance data ? the slowest growth since the third quarter of 2021. Chinas industrial profits for January to September fell 2.3% compared to a year ago, the National Bureau of Statistics reported. U.S. stocks dropped on Wednesday as investors parsed fresh economic data and disappointing earnings while mulling the Federal Reserves path after the Bank of Canada announced a smaller-than-expected rate hike of 50 basis points. Meanwhile, the European Central Bank (ECB) is expected to roll out another super-size rate hike Thursday to combat runaway inflation, despite concerns higher borrowing costs could deepen the pain of a looming eurozone recession. The ECBs 25-member governing council is likely to lift its key interest rates by 75 basis points for the second consecutive time, as per reports. Domestic markets: Back home, the equity barometers ended with modest losses on Tuesday, snapping their seven-day rising streak. The barometer index, the S&P BSE Sensex, declined 287.70 points or 0.48% to 59,543.96. The Nifty 50 index lost 74.40 points or 0.42% to 17,656.35. The market was closed on Wednesday for a local holiday. Foreign portfolio investors (FPIs) sold shares worth Rs 247.01 crore, while domestic institutional investors (DIIs), were net buyers to the tune of Rs 872.88 crore in the Indian equity market on 25 October, provisional data showed. Powered by Capital Market – Live News

Related Tags

  • capital market
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More
Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.