Market Movers: Top 10 things to know before markets open for trading on Tuesday

Indian market created history on Monday as both Sensex and Nifty50 touched fresh record highs. Metal and power stocks led the rally from the front.

After the gap up start, the benchmark hovered in a range till the end however movement on the stock-specific front kept the participants busy till the end.

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The broader markets too performed largely in line with the benchmark wherein midcap and smallcap ended higher by 1.2% and 0.6% respectively on Monday.

Amongst the sectoral indices, all the indices, barring healthcare and telecom, ended in green wherein metal, IT and power were the top gainers.

“In absence of any major event, earnings will remain in focus, and we have a long list of index majors announcing their results this week. Participants will be closely eyeing the management commentaries for the future growth outlook,” Ajit Mishra, VP - Research, Religare Broking Ltd, said.

“Apart from this, global cues would also be on investors' radar. We reiterate our bullish view on the market and suggest using intermediate dips to add quality stocks,” he said.

Stay tuned to Zeebiz.com to find out what could impact your trade today. We have collated a list of top 10 news points which could impact markets, companies, or economy:

Global Markets

Global stock indexes mostly rose on Monday following gains in U.S. mega-cap technology and other growth names, while five-year Treasury yields rose to their highest levels since early 2020. The dollar dipped after data showed production at U.S. factories fell by the most in seven months in September, erasing earlier gains.

On Wall Street, the Dow Jones Industrial Average fell 36.15 points, or 0.1%, to 35,258.61, the S&P 500 gained 15.09 points, or 0.34%, to 4,486.46 and the Nasdaq Composite added 124.47 points, or 0.84%, to 15,021.81.

MSCI’s gauge of stocks across the globe was also slightly higher, reversing earlier losses following data showing China’s gross domestic product grew 4.9% in the July-September quarter from a year earlier, its weakest pace since the third quarter of 2020.

The pan-European STOXX 600 index lost 0.50% and MSCI’s gauge of stocks across the globe gained 0.12%.

The dollar fell 0.02% to 93.95 against a basket of currencies. It had earlier reached 94.17 as U.S. Treasury yields increased.

Asian Markets

Shares in Asia-Pacific rose in Tuesday morning trade, with Hong Kong stocks leading gains. The Nikkei 225 in Japan rose 0.50% while the Hang Seng Index gained 1.23% around 7:30 am (IST).

SGX Nifty

SGX Nifty was trading with a positive bias and was up 32.25 points or 0.17 per cent at 18,539.80 around 7:30 am (IST).

Production at U.S. factories fell by the most in 7 months

Production at U.S. factories fell by the most in seven months in September as an ongoing global shortage of semiconductors depressed motor vehicle output, further evidence that supply constraints were hampering economic growth, said a Reuters report.

Manufacturing production last month was also depressed by the lingering effects of Hurricane Ida, which also severely disrupted output at mines.

Not to carry away by unrealistic gains stories: SEBI

Investors should observe maximum due diligence while investing in stock market and should not be carried away by the stories of unrealistic gains being made by others, Sebi Whole Time Member G Mahalingam said on Monday.

He, further, said that an investor should invest by taking into consideration his/her own risk appetite and should invest time in studying the fundamentals.

Private investment cycle set to pick up: Report

The private industrial capex appears to be getting into a whole new cycle after the pandemic hiccup, helped by conducive government support, accommodative monetary policies and global liquidity, Crisil Ratings said in a report.

Indian startups raise USD 10.9 bn in funding in Jul-Sep: PwC India report

Indian startups received a record funding of USD 10.9 billion across 347 deals in the third quarter of 2021, according to a PwC India report.

This is twice the amount of funding received in Q3 of the calendar year 2020 and an approximate increase of 41 per cent compared to the second quarter of 2021.

Rupee settles 9 paise lower

The rupee ended 9 paise lower at 75.35 (provisional) against the US dollar on Monday, tracking stronger greenback against key rivals overseas and rising global crude oil prices, said a PTI report.

Q2FY22 Earnings Results:

As many as 32 companies on the BSE will declare their results for the quarter ended September that include names like ACC, ICICI Securities, Jubilant Ingrevia, L&T Technology Services, Mastek, Nestle India, Rallis India, and Rane Brake etc. among others.

Stocks under F&O ban on NSE

Seven stocks – Amara Raja Batteries, BHEL, Escorts, Indiabulls Housing Finance, Idea, NALCO, and Sun TV - are under the F&O ban. Securities in the ban period under the F&O segment include companies in which the security has crossed 95 percent of the market-wide position limit.

(With inputs from PTI, Reuters & other agencies)

(Disclaimer: The views/suggestions/advices expressed here in this article is solely by investment experts. Zee Business suggests its readers to consult with their investment advisers before making any financial decision.)