MARKET LIVE: Firm start likely; Asian Paints, TVS to report Q2 nos today

MARKET LIVE: Firm start likely; Asian Paints, TVS to report Q2 nos today


Stock market LIVE: Global brokerage UBS believes ‘extremely expensive’ valuations have made India unattractive compared with other Asean countries, which could result in lower foreign flows

Topics

MARKET LIVE | Q2 results | Asian Paints



SI Reporter  | 
New Delhi 



LIVE market updates: Market participants expect another day of choppy trading due to the weekly expiry and earnings of some of the index majors. Uninspiring global cues will likely keep sentiments subdued back home. At 8:05 am, was up 41 points at 18,358 levels.


Earnings Today

Asian Paints, JSW Steel, Biocon, Container Corporation of India, IDBI Bank, Indian Energy Exchange, IIFL Securities, Indian Hotels, IndiaMART InterMESH, Lemon Tree Hotels, LIC Housing Finance, Bank of Maharashtra, and Company are among 49 companies set to report their September quarter numbers today.


Global Markets


Asian stocks were mixed. Japan’s Topix index fell 0.3 per cent, Australia’s S&P/ASX 200 Index lost 0.1 per cent and South Korea’s Kospi index increased 0.2 per cent. S&P 500 futures, meanwhile dipped 0.2 per cent.


In the overnight session, the US stocks ended on a mixed note. The Dow Jones Industrial Average rose 0.43 per cent, the S&P 500 gained 0.37 per cent while the Nasdaq Composite dropped 0.05 per cent.




Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor



First Published: Thu, October 21 2021. 08:10 IST





Source link