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Tuesday, 12 January 2021

Market Moves

 Stocks

The S&P 500 Index declined 0.7% to 3,799.61 as of 4:00 p.m. New York time, the first retreat in a week.

The Dow Jones Industrial Average dipped 0.3% to 31,008.69, the first retreat in a week.

The Nasdaq Composite Index declined 1.3% to 13,036.43, the largest drop in a week.

The Stoxx Europe 600 Index sank 0.7% to 408.41, the biggest dip in three weeks.

The MSCI All-Country World Index sank 0.7% to 658.67, the first retreat in a week and the largest decrease in three weeks.


Currencies

The Bloomberg Dollar Spot Index rose 0.5% to 1,126.98, the highest in two weeks.

The euro sank 0.5% to $1.2156, the weakest in almost four weeks on the largest decrease in more than a week.

The British pound declined 0.3% to $1.3521, the weakest in almost two weeks.

The Japanese yen depreciated 0.2% to 104.17 per dollar, the weakest in more than a month.


Bonds

The yield on 10-year Treasuries gained two basis points to 1.13%, reaching the highest in about 10 months on its seventh straight advance.

Germany’s 10-year yield gained two basis points to -0.50%, the highest in two months.

Britain’s 10-year yield gained 31 basis points to 0.309%, its fifth straight advance and the biggest advance on record.


Commodities

West Texas Intermediate crude dipped 0.3% to $52.10 a barrel, the first retreat in a week.

Copper declined 3% to $3.56 a pound, the lowest in a week.

Monday, 11 January 2021

Closing Index

 11 Jan 2020 

BSE CLOSED @ 49269.32 ✅ 486.81 Points 

NSE CLOSED @ 14484.75 ✅ 137.50 Points 

BankNifty Closed 31998.90 ❌ 85.30 Points 

India VIX Closed 22.4100 ✅ 1.7700 Points.

Stocks in the news

TCS: The IT major reported 7.2 percent rise in profit at Rs 8,701 crore against Rs 8,118 crore, revenue rose 4.7 percent to Rs 42,015 crore from Rs 40,135 crore QoQ.


Tata Steel: India business production in Q3 increased 0.2 percent QoQ and 2.9 percent YoY to 4.6 mt, but deliveries fell 7.7 percent QoQ and were down 3.9 percent YoY to 4.66 mt.


HDFC Bank: ICICI Prudential Life held 1.23 percent stake in the company in the September quarter but its name did not appear in the December quarter shareholding.


PVR: Foreign portfolio investors raised stake in the company to 38.5 percent in the December quarter from 34.6 percent in the previous quarter.


Mishra Dhatu Nigam: HDFC AMC increased stake in the company to 9.13 percent from 7.10 percent via open market transaction.


Prestige Estates Projects, DB Realty: DB Realty acquired a 49 percent equity stake and Prestige Estates Projects a 50 percent stake in Pandora Projects.

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