Markets News

Daily Market Update – Some important things everyone needs to know

On Tuesday the Indian stock market is yet to open and open on the hopes of getting a covid vaccine.

1. US Markets: on Monday, the investors say that the full reopening of economy will happen soon as for the first time there is a positive data from a late-stage COVID-19 vaccine trial.

2. Asian Markets: On Monday, there was a positive sign which gave the investors confidence.

There was a sign of the covid vaccine which led to Global stocks and oil jumped and Treasuries sold.

3. SGX Nifty: 174 points gain was the opening for the Indian markets.

4. Pfizer’s COVID-19 vaccine is over 90% effective: the vice president of the company said that We’re in a position potentially to be able to offer some hope.

5. Oil prices down: on Tuesday the prices of oil came down because covid has hit the economies very badly in Europe and the United States.

6. Results on November 10: there are almost 535 companies which will declare their result on November 10.

the companies are  Mahindra & Mahindra, TeamLease Services, TTK Prestige, IDFC, JB Chemicals & Pharmaceuticals, etc.

7. FII and DII data: Foreign institutional investors (FIIs) bought shares worth Rs 4,548.39 crore, whereas domestic institutional investors (DIIs) net sold shares worth Rs 3,036.31 crore.


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