Business News Desk, Indian benchmark indices Sensex and Nifty opened with gains today on 23 September. Nifty is seen at 25900 with a gain of 95.00 points or 0.37 percent. Gifty Nifty is also trading in the green around 25,888 today. Talking about the last trading day, on September 20, the bulls kept their hold strong on Dalal Street. Indian benchmark indices gained for the second consecutive session and touched new all-time highs amid positive global cues and buying across all sectors. At the end of the trading session, the Sensex closed 1,359.51 points or 1.63 percent higher at 84,544.31 and the Nifty closed 375.20 points or 1.48 percent higher at 25,791.
Stay tuned to Moneycontrol to know what is happening in the currency and equity markets today. Here we are bringing you a list of today’s important news running on all news platforms which can affect the Indian and international markets. Surveillance of government companies will increase. The exchanges have announced to bring all government companies under the framework of additional surveillance i.e. ASM. From today, 6 HUDCO, IFCI, IREDA, NBCC, OIL and RVNL have been included in Stage One and Cochin Shipyard in Stage-4.
RIL: Call money payment date extended
The call money date for Reliance Industries’ partly paid shares for bonus issue has been extended. Now payment is required by October 7. Bonus shares will not be given if the call money is not paid.
VI: 30000 crore deal done
Vodafone Idea has completed a deal worth Rs 30,000 crore with Nokia, Ericsson and Samsung. A 3-year agreement has been signed for supply of equipment for 4G expansion and 5G launch.
BHEL in Focus
BHEL has received an order of Rs 6,100 crore from NTPC. This order has been received for an 800 MW thermal power project.
Tata Steel in focus
Tata Steel has started the country’s largest blast furnace. Blast furnace has been started in Kalinganagar plant. The capacity of the plant has been increased from 3 MTPA to 8 MTPA. The company has spent Rs 27,000 crore on capacity expansion.
Gift Nifty
Good signals are coming from the global market. US futures are up more than half a percent. Dow has also had a record closing. US markets closed flat on Friday. Markets closed flat after rates were reduced in America. It is reported that Qualcomm has expressed its desire to buy Intel. If we look at the movement of US markets in a week, Russell 2000 index rose by 2 percent while Dow Jones rose by 1.6 percent, S&P500 index rose by 1.3 percent and Nasdaq rose by 1.4 percent.
Situation worsened in China?
The Chinese government has decided to reduce expenditure. The unemployment rate reached 5.3% in August. Unemployment in China is the highest since February 2024. Meanwhile, there is tension between America and China. Chinese hardware and software will not be used in cars. The current US government is preparing rules.
Gold boom
Prices continue to rise in the international market. The price of gold on COMEX has reached a record high. On Friday, COMEX reached a record high of $2651. The spot price of gold in the US reached $2625. Gold prices have risen by 27% since January 1, 2024. Prices have risen due to the deepening of the Middle East crisis.
Asian Markets
Today the Asian markets are trading with a gain. SGX NIFTY is showing a gain of 116.50 points. At the same time, Nikkei is seen at around 37,723.91 with a gain of around 1.51 percent. At the same time, Strait Times is showing a gain of 0.39 percent. Taiwan market is trading at 22,227.43, up 0.31 percent. While Hang Seng is seen at 18,387.81 with a gain of 0.71 percent. At the same time, KOSPI is seeing a gain of 0.13 percent. At the same time, Shanghai Composite is seen at 2,748.96 with a gain of 0.44 percent.
FII and DII fund flows
Foreign institutional investors (FIIs) increased their buying and purchased equities worth Rs 14,064 crore on September 20, while domestic institutional investors sold equities worth Rs 4,427 crore on the same day.
