Domestic stock markets are likely to open in red on the back of negative global indications. The trends of the SGX Nifty with a loss of 143 points mark the opening of the gap for the Nifty. At 7:30 am, the Nifty futures traded down 143 points, or 1.20 per cent, at 17,567 on the Singapore Stock Exchange.
Shares of Japan fell to a one-month low on Tuesday as rising oil prices raised further concerns about global inflation and deflation.
Overnight, U.S. markets fell one percent, investors’ renewed U.S.-China trade tensions halted negotiations in Congress, and inflation soared as oil prices soared to several-year highs.
The Dow Jones Industrial Average fell 0.94 percent to 34,002.92, the S&P 500 lost 1.30 percent to 4,300.46 and the Nasdaq Composite fell 2.14 percent to 14,255.49.
On Monday, the BSE Sensex was up 533.74 points at 59,299.32 and the Nifty was up 159.30 points at 17,691.30.
Stocks to watch in today’s session trading
Bharti Airtel’s Rs 21,000 crore rights issue will start on October 5 and close on October 21.
Sri Infrastructure Fund
The Reserve Bank of India has appointed an executive in violation of the Sray Infrastructure Finance and Sray Equipment Finance Boards.
HDFC Bank’s growth was over 15 per cent to Rs 11.99 lakh crore as on September 30, 2021, and deposits increased by 14 per cent.
Rail Vikas Nigam
Rail Vikas Nikam has entered into an agreement with Tata Steel to implement infrastructure projects.
Adani Green has completed the acquisition of SP Energy Holdings (SP Energy India) in a cash agreement, for which concrete agreements were signed on 18 May 2021.