iifl-logo

Invest wise with Expert advice

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

sidebar image

Market may open lower

25 Oct 2022 , 08:23 AM

SGX Nifty: Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 57 points at the opening bell. Global markets: Overseas, Asian stocks are trading higher on Tuesday following a rally in Wall Street aided by strong corporate earnings. US stocks advanced on Monday, extending last weeks gains as signs of economic softness suggested the effects of the Feds aggressive policy aimed at cooling the economy, thereby curbing decades-high inflation, are beginning to take root. Meanwhile, Indian Origin former UK Chancellor Rishi Sunak became UKs prime minister on Monday (October 24). Replacing former PM Liz Truss, Sunak became the first Indian-origin prime minister of the UK. Rishi Sunak will take oath as PM on October 28 and the cabinet is likely to be formed on October 29. Rishi Sunak, in his first address to the country after being elected as the PM said, I pledge that I will serve you with integrity and humility; and I will work day in, day out to deliver for the British people. Domestic markets: Back home, the key equity indices ended with decent gains on the Muharat Trading Day. The barometer index, the S&P BSE Sensex, gained 524.51 points or 0.88% to 59,831.66. The Nifty 50 index added 154.45 points or 0.88% to 17,730.75. The exchanges will remain closed on Wednesday, (26 October 2022), on the occasion of Diwali Balipratipada. Foreign portfolio investors (FPIs) sold shares worth Rs 153.89 crore, while domestic institutional investors (DIIs), were net buyers to the tune of Rs 80.12 crore in the Indian equity market on 24 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.