Namaste !!!
* Markets in Detail...*
*SGX: 17,518: +169: +0.97%*
*Provisional Cash Rs. In Crs. (31st Jan)*
FIIS : (-)3,624 (6,014-9,639)
DIIS : +3,649 (9,167-5,518)
*Last Heard*
Adani Wilmar: 27-29 (IPO px: 230/-)
Manyavar: 46-51 buyers (IPO px: 866/-)
*TODAY’S MAJOR CORPORATE RESULTS:*
ADANIPORTS, CHOLAFIN, ELECON, GOODYEAR, INDHOTEL, INDOCO, JUBLINGREA, KANSAINER, LXCHEM, MANGCHEFER, NEULANDLAB, PGHH, POONAWALLA, PRSMJOHNSN, SONACOMS, SUTLEJTEX, TECHM, TTKPRESTIG, VIPIND, etc
Sensex: 58,015: +814: +1.42%
Nifty: 17,340: +238: +1.39%
Dow: 35,132: +406: +1.17%
S&P: 4,516: +84: +1.89%
Nas: 14,240: +469: +3.41%
Brazil: 112,144: +233: +0.21%
Ftse: 7,464 (-2) (-0.02%)
Dax: 15,471: +152: +0.99%
Cac: 6,999: +33: +0.48%
WTI Oil: $88.32: +1.73%
Brnt: $91.21: +1.31%
Gold: $1,800: +14: +0.76%
Silver: $22.51: +0.91%
Copper: $434: +3: +0.60%
Zinc: 3,610 (-21) (-0.58%)
Alluminum: 3,083 (-16) (-0.52%)
Eur-$: 1.1232
GBP-$: 1.3445
Jpy-$: 115.13
Re: 74.6225 (-0.56%)
US10yr: 1.78%
GIND10YR: 6.684 (-1.24%)
$ Index: 96.8430 (-0.44%)
Vix: 24.83 (-10.23%)
BalticDry: 1,381: +79: +6.07%
*ADR/GDR*
Cogni: +1.16%
Infy: +4.02%
Wit: +3.78%
IciciBk: +3.38%
HdfcBk: +4.84%
DrRdy: +2.77%
TataMo: +3.02%
TatSt: +0.69%
Axis: +0.58%
SBI: +3.75%
RIGD: +2.57%
INDA: +2.41% (IShares MSCI INDIA ETF)
INDY: +2.46% (IShares MSCI INDIA 50 ETF)
EPI: +2.39% (Wisdom Tree India Earning)
PIN: +2.57% (Invesco India Etf)
*(Please Note…today you may see some over-lapping of news, but as there was a lot of data to be included, and with limited time…it was’nt possible to edit in total. Kindly excuse..though have tried to put in what ever available.)*
U.S. stocks ended a volatile month with the biggest two-day rally since 2020, with beaten-down tech shares powering a late rebound. Investors digested new optimism from the U.S. Treasury's top economist that inflationary pressures should ease in 2022 due to weaker demand for goods, easing supply bottlenecks and a receding coronavirus pandemic. Strategists attributed some of Monday’s buys to a hunt for bargains among the beaten-down names.
Wall Street closed higher on Monday, coupled with an earlier rise in European shares, that helped stabilize investor sentiment after a series of volatile sessions.
Despite the two-day relief rally, the S&P 500 and the Nasdaq Composite posted their worst months since the onset of the pandemic, as investors braced for the Federal Reserve to raise interest rates multiple times this year. The tech-heavy Nasdaq narrowly avoided its worst ever start to the year and the S&P 500 recorded its weakest January performance since 2009.
The S&P 500 rallied almost 2% for its best back-to-back performance since April 2020, paring a monthly loss that at one point exceeded 10% to 5.3% -- still the worst drop since the pandemic bear market. The Nasdaq 100’s rebound was even sturdier, a 6.6% surge in two sessions. Its members took such a walloping for most of the month that it still ended down 8.5%, the worst since December 2018.
For the month, the Dow ended down 3.3%, which was only its worst month since a 3.7% decline in November. The S&P 500, meanwhile, closed 5.3% lower and the Nasdaq Composite ended January down 8.98%; It was the worst monthly decline for both of those indexes since March of 2020, the height of pandemic-drive selling. It also was the worst January decline for the Nasdaq Composite since a 9.89% decline in 2008.
Valuations of growth and technology stocks have come under increasing scrutiny, as investors fretted about companies trading at lofty valuations at a time when the U.S. Federal Reserve is set to begin raising interest rates to combat inflation and withdraw its pandemic stimulus measures.
In early Monday trading, the Nasdaq was on course to surpass its worst opening-month performance on record, when it fell 9.89% in 2008. However, after its best one-day gain since March 2021, it closed out January down 8.99%.
By: via @AlliesFin Serve Stock Market
