GIFT Nifty:

Trading of Nifty 50 index futures on the GIFT Nifty indicates that the Nifty could rise 22 points at the opening bell.

Trading could be volatile as traders roll over positions in the F&O segment from the near month November series to December series. The November 2023 F&O contracts will expire today, 30 November 2023.

On the macro front, India's gross domestic product (GDP) for the third quarter will be released today, 30 November 2023. The infrastructure output data for October will be released on the same day.

On the political front, all eyes are set on exit poll results. The exit polls results for all the five states ? Rajasthan Madhya Pradesh, Mizoram, Chhattisgarh and Telangana ? will be declared after the voting ends in Telangana on Thursday. The assembly elections in these five states were held between November 7 and November 30. The counting of votes will be held on December 3. The state polls are being considered as a semi-final before the 2024 assembly elections.

Global markets:

Overseas, Asian stocks fell across the board on Thursday ahead of key economic data from the region. China?s factory activity shrank for a second straight month in November. The official manufacturing purchasing managers? index fell slightly to 49.4 in November from 49.5 in October, according to data from the National Bureau of Statistics released Thursday.

Retail sales rose in Japan, but at the slowest pace so far this year, while industrial output during the same month increased more than expected. Official data showed Japan retail sales rose 4.2% last month. Japan?s factory output gained 1.0% in October.

South Korea?s central bank held its benchmark policy rate at 3.5% for the seventh meeting in a row, in line with expectations. In its announcement, the Bank of Korea said that ?although inflation has been elevated than previously expected, it is projected to continue its underlying trend of a slowdown.?

US stocks remained near the flat line on Wednesday, even as the U.S. economy grew more than expected. GDP in the third quarter accelerated at a 5.2% annualized pace, above the initial estimate of 4.9%.

Investors will focus on the Fed's preferred measure of inflation on Thursday and Euro Zone consumer inflation figures for further clarity on the where inflation is headed. Fed Chair Jerome Powell is due to speak on Friday. His words will be scrutinized by traders to gauge where rates may head.

Oil prices settled more than 1% higher on Wednesday as futures contracts gain momentum ahead of key OPEC meeting on Thursday. OPEC and its allies, OPEC+, are set to hold a virtual meeting on production cuts.

Domestic markets:

Back home, the domestic stock market rallied on Wednesday, marked by the Nifty surpassing the 20,000 level for the first time since 18 September 2023. The barometer index, the S&P BSE Sensex jumped 727.71 points or 1.10% to 66,901.91. The Nifty 50 index added 206.90 points or 1.04% to 20,096.60.

Foreign portfolio investors (FPIs) bought shares worth Rs 71.91 crore, while domestic institutional investors (DIIs), were net buyers to the tune of Rs 2,360.81 crore in the Indian equity market on 29 November, provisional data showed.

GIFT Nifty:

Trading of Nifty 50 index futures on the GIFT Nifty indicates that the Nifty could rise 24 points at the opening bell.

Global markets:

Overseas, Asian stocks are trading lower as investors assess comments from the U.S. Federal Reserve board members and digest Australia?s October inflation figures.

Australia?s weighted inflation rate for October slowed more than expected, coming in at 4.9%. This was also lower than the 5.6% seen in September. The overall inflation rate stood at 4.8%, its lowest level since January 2022.

On Tuesday, Federal Reserve Governor Christopher Waller said he was growing more confident that policy was in a place now to bring inflation back under control. However, he maintained that inflation was still too high. Waller also said the Fed might start lowering rates if inflation continues to ease over the next three to five months. In contrast, Governor Michelle Bowman said more rate hikes will likely be needed as evolving dynamics keep inflation elevated.

US stocks rose Tuesday, resuming their November rally, as comments from a Federal Reserve official raised hope that the central bank may not need to raise interest rates further.

Investors will focus this week on the Fed's preferred measure of inflation on Thursday and euro zone consumer inflation figures for further clarity on the where inflation is headed. Fed Chair Jerome Powell is due to speak on Friday. His words will be scrutinized by traders to gauge where rates may head.

Domestic markets:

Back home, the domestic benchmark indices made a strong rebound on Tuesday following two days of mild declines, driven by buying in oil & gas, power, auto, and metal sectors. However, defensives like pharma and FMCG shares corrected. The barometer index, the S&P BSE Sensex jumped 204.16 points or 0.31% to 66,174.20. The Nifty 50 index added 95 points or 0.48% to 19,889.70.

Foreign portfolio investors (FPIs) bought shares worth Rs 783.82 crore, while domestic institutional investors (DIIs), were net buyers to the tune of Rs 1,324.98 crore in the Indian equity market on 28 November, provisional data showed.

GIFT Nifty:

Trading of Nifty 50 index futures on the GIFT Nifty indicates that the Nifty could rise 18 points at the opening bell.

Trading could be volatile this week as traders roll over positions in the F&O segment from the near month November series to December series. The November 2023 F&O contracts will expire on 30 November 2023. Stock markets will remain closed on Monday, 27 November 2023 on account of Gurunanak Jayanti.

Global markets:

Overseas, Asian stocks are trading higher on Tuesday, as investors remained convinced the US Federal Reserve was done with its rate-hike cycle and looked ahead to a crucial inflation report later this week.

Investors will focus this week on the Fed's preferred measure of inflation on Thursday and euro zone consumer inflation figures for further clarity on the where inflation is headed. Fed Chair Jerome Powell is due to speak on Friday. His words will be scrutinized by traders to gauge where rates may head.

European Central Bank President Christine Lagarde said on Monday the central bank's fight to contain price growth is not yet done, citing a still strong wage growth and an uncertain outlook even as inflation pressures in euro zone ease.

US stocks edged lower on Monday, with investors taking a post-Thanksgiving pause as the holiday shopping season kicked into high gear.

Domestic markets:

Back home, domestic equity indices ended with small losses on Friday, declining for the second day in a row. The barometer index, the S&P BSE Sensex declined 47.77 points or 0.07% to 65,970.04. The Nifty 50 index shed 7.30 points or 0.04% to 19,794.70. The domestic stock market remained shut on Monday, 27 November 2023, on account of Gurunanak Jayanti.

Foreign portfolio investors (FPIs) bought shares worth Rs 2,625.21 crore, while domestic institutional investors (DIIs), were net buyers to the tune of Rs 134.46 crore in the Indian equity market on 24 November, provisional data showed.

GIFT Nifty:

Trading of Nifty 50 index futures on the GIFT Nifty indicates that the Nifty could fall 11 points at the opening bell.

Global markets:

Overseas, Asian stocks are trading mixed as investors assess key economic data out from Japan on Friday. The world?s third largest economy saw its core inflation rate rise to 2.9% in October, higher than the 2.8% seen in September. The headline inflation rate for October came in at 3.3%, accelerating from the 3% seen in from the month before.

US stocks were closed for Thanksgiving on Thursday, and will come back for a half day of trading on Friday.

The influential oil group reuniting the Organization of the Petroleum Exporting Countries and its allies will hold a virtual meeting to decide crude production strategy on November 30, the OPEC Secretariat said. The group, collectively known as OPEC+, was supposed to convene in person in Vienna over November 25-26 but has since postponed its meeting amid inter-member disgruntlement.

Domestic markets:

Back home, domestic equity benchmarks ended with minor losses on Thursday. The barometer index, the S&P BSE Sensex declined 5.43 points or 0.01% to 66,017.81. The Nifty 50 index lost 9.85 points or 0.05% to 19,802.

Foreign portfolio investors (FPIs) bought shares worth Rs 255.53 crore, while domestic institutional investors (DIIs), were net buyers to the tune of Rs 457.39 crore in the Indian equity market on 23 November, provisional data showed.

GIFT Nifty:

Trading of Nifty 50 index futures on the GIFT Nifty indicates that the Nifty could fall 7 points at the opening bell.

Global markets:

Overseas, Asian stocks are trading mixed after Wall Street went into the Thanksgiving holiday with a broad based rally. Japan?s markets are closed due to a public holiday.

US stocks closed higher on Wednesday after yields briefly fell to their lowest level in two months. Trading was muted ahead of the Thanksgiving holiday on Thursday. U.S. markets will be open for half a day on Friday.

US crude prices fell about 5% Wednesday after the Organization of Petroleum Exporting Countries delayed a pivotal meeting on production cuts that was scheduled for the weekend. OPEC said in a statement that the meeting of energy ministers is delayed until next Thursday.

Domestic markets:

Back home, the domestic stock market closed higher for the second straight session. The barometer index, the S&P BSE Sensex gained 92.47 points or 0.14% to 66,023.24. The Nifty 50 index added 28.45 points or 0.14% to 19,811.85.

Foreign portfolio investors (FPIs) sold shares worth Rs 306.56 crore, while domestic institutional investors (DIIs), were net buyers to the tune of Rs 721.24 crore in the Indian equity market on 22 November, provisional data showed.

GIFT Nifty:

Trading of Nifty 50 index futures on the GIFT Nifty indicates that the Nifty could rise 35 points at the opening bell.

Global markets:

Overseas, Asian stocks are trading lower after minutes from the U.S. Federal Reserve?s recent meeting revealed that policy officials maintained that monetary policy had to be restrictive and had little appetite for rate cuts.

US stocks dipped on Tuesday while minutes from the Federal Reserve?s most recent meeting showed the central bank is in a position to proceed carefully. The Fed?s minutes from its October 31-November 1 meeting showed the policy makers wrestling with conflicting signals and agreeing to continue with caution after voting to leave the Fed funds target rate at 5.25-5.50%.

Domestic markets:

Back home, domestic equity indices staged an impressive recovery on Tuesday, bouncing back from a recent two-day decline. The barometer index, the S&P BSE Sensex advanced 275.62 points or 0.42% to 65,930.77. The Nifty 50 index rose 89.40 points or 0.45% to 19,783.40.

Foreign portfolio investors (FPIs) sold shares worth Rs 455.59 crore, while domestic institutional investors (DIIs), were net buyers to the tune of Rs 721.52 crore in the Indian equity market on 21 November, provisional data showed.

GIFT Nifty:

Trading of Nifty 50 index futures on the GIFT Nifty indicates that the Nifty could rise 5 points at the opening bell.

Global markets:

Overseas, Asian stocks are trading higher on Tuesday, with Hong Kong and Taiwan stocks in the lead and mirroring similar moves on Wall Street after a tech-fueled rally. Investors in Asia will assess South Korean producer prices for October, as well as New Zealand?s October trade figures.

US stocks jumped Monday to start a holiday shortened week, boosted by strong tech gains led by Microsoft and Nvidia. Microsoft Corp. hit a new all-time high after CEO Satya Nadella said former OpenAI chief Sam Altman will be joining the tech giant to lead a new AI research team.

Investors will keep an eye out for the minutes from the Federal Reserve?s October 31 to November 1 policy meeting. US markets will be closed Thursday due to the Thanksgiving holiday. Friday will also be a shortened trading day.

Oil prices rose more than 2% on Monday amid anticipation that the Organization of Petroleum Exporting Countries could implement another production cut this weekend.

Domestic markets:

Back home, the domestic stock market witnessed a decline for the second consecutive session today as it grappled with mixed global cues. The barometer index, the S&P BSE Sensex declined 139.58 points or 0.21% to 65,655.15. The Nifty 50 index lost 37.80 points or 0.19% to 19,694.

Foreign portfolio investors (FPIs) sold shares worth Rs 645.72 crore, while domestic institutional investors (DIIs), were net buyers to the tune of Rs 77.77 crore in the Indian equity market on 20 November, provisional data showed.

GIFT Nifty:

Trading of Nifty 50 index futures on the GIFT Nifty indicates that the Nifty could fall 15 points at the opening bell.

Global markets:

Overseas, Asian stocks are trading higher on Monday while investors watched for changes to China?s benchmark lending rates. The People?s Bank of China?s one-year loan prime rate is currently at 3.45%. The five-year benchmark loan rate stands at 4.2%.

US stocks ended higher on Friday and clinched a third straight winning week amid a red-hot November rally. Those gains were sparked by tame U.S. inflation data that gave hope to investors that the Federal Reserve?s tough stance on rate policy may be in the rearview mirror.

Domestic markets:

Back home, domestic equity benchmarks corrected on Friday, dragged by banks and financial stocks. The barometer index, the S&P BSE Sensex slipped 187.75 points or 0.28% to 65,794.73. The Nifty 50 index lost 33.40 points or 0.17% to 19,731.80.

Foreign portfolio investors (FPIs) sold shares worth Rs 477.76 crore, while domestic institutional investors (DIIs), were net sellers to the tune of Rs 565.48 crore in the Indian equity market on 17 November, provisional data showed.

GIFT Nifty:

Trading of Nifty 50 index futures on the GIFT Nifty indicates that the Nifty could rise 22 points at the opening bell.

Global markets:

Overseas, Asian stocks are trading lower on Friday as a batch of softer U.S. economic data took some of the steam out of Wall Street, but also boosted bonds in a big way while slugging oil prices in a boon for the inflation outlook. Both Brent and U.S. crude slid almost 5% on Thursday to four-month lows in a move that was blamed on economic and supply concerns.

In US, the S&P 500 and the Nasdaq managed to eke out tiny gains on Thursday while the Dow Industrial Average ended slightly lower with pressure from tech and retail bellwethers Cisco and Walmart after disappointing forecasts. Shares of Cisco Systems tumbled as the communications and networking technology company cut its full-year revenue and profit forecasts on slowing demand for its networking equipment.

U.S. President Joe Biden and Chinese President Xi Jinping have agreed to resume high-level military communication, according to both countries. The two leaders met in person for the first time in a year Wednesday in San Francisco on the sidelines of the Asia-Pacific Economic Cooperation conference. ?We?re back to direct, open, clear communications,? Biden said at a press conference after the talks

Domestic markets:

Back home, domestic stock market displayed resilience on Thursday, achieving its second consecutive day of gains despite significant volatility. The barometer index, the S&P BSE Sensex jumped 306.55 points or 0.47% to 65,982.48. The Nifty 50 index added 89.75 points or 0.46% to 19,765.20.

Foreign portfolio investors (FPIs) bought shares worth Rs 957.25 crore, while domestic institutional investors (DIIs), were net buyers to the tune of Rs 705.65 crore in the Indian equity market on 16 November, provisional data showed.

GIFT Nifty:

Trading of Nifty 50 index futures on the GIFT Nifty indicates that the Nifty could fall 17 points at the opening bell.

Global markets:

Overseas, Asian stocks are trading lower Thursday as investors digested high-level discussions between U.S. President Joe Biden and Chinese President Xi Jinping.

Biden and Xi met Wednesday outside of San Francisco in their first face-to-face meeting in a year. The talks were on the sidelines of the Asia-Pacific Economic Cooperation conference and were a part of efforts between the U.S. and China to boost high-level communication amid continued tensions.

US stocks ended higher on Wednesday, building on the strong rally from Tuesday, on the back of more encouraging inflation data. Another reading on U.S. inflation showed October?s producer price index, which measures wholesale prices, fell by 0.5% to mark its biggest monthly drop since April 2020.

Domestic markets:

Back home, domestic equity indices ended with major gains on Wednesday. Cooling inflation in the US, UK and India boosted sentiment. The barometer index, the S&P BSE Sensex jumped 742.06 points or 1.14% to 65,675.93. The Nifty 50 index surged 231.90 points or 1.19% to 19,675.45.

Foreign portfolio investors (FPIs) bought shares worth Rs 550.19 crore, while domestic institutional investors (DIIs), were also net buyers to the tune of Rs 609.82 crore in the Indian equity market on 15 November, provisional data showed.

GIFT Nifty:

Trading of Nifty 50 index futures on the GIFT Nifty indicates that the Nifty could jump 185 points at the opening bell.

Global markets:

Overseas, Asian stocks are trading with strong gains on Wednesday, taking cues from Wall Street after a soft U.S. inflation reading boosted hopes of the Federal Reserve nearing the end of its interest rate-hiking cycle.

Japan?s economy shrank in the July-September period for the first time in four quarters, provisional government data showed Wednesday, amid slowing global demand and rising domestic inflation. Provisional gross domestic product fell 2.1% in the third quarter compared to a year ago, while also recording a 0.5% decline from the previous quarter.

On the geopolitical front, U.S. President Joe Biden and China?s President Xi Jinping are expected to meet in person in San Francisco for the first time in about a year.

US stocks rallied Tuesday, building on their strong November gains, as Wall Street cheered the soft U.S. inflation report. The consumer price index was flat in October from the previous month but increased 3.2% from a year ago. The headline CPI had increased 0.4% in September.

Late Tuesday, the House of Representatives passed a bill to avert a government shutdown. The measure will go to the Senate for a vote. If cleared by lawmakers, the legislation goes to President Joe Biden.

Domestic markets:

Back home, domestic stocks faced selling pressure on Monday, dragged by banking, financial, and IT stocks. The barometer index, the S&P BSE Sensex slipped 325.58 points or 0.50% to 64,933.87. The Nifty 50 index lost 82 points or 0.42% to 19,443.55. The exchanges remained closed on Tuesday, 14 November 2023, on the occasion of Diwali Balipratipada.

Foreign portfolio investors (FPIs) sold shares worth Rs 1,244.44 crore, while domestic institutional investors (DIIs), were net buyers to the tune of Rs 830.40 crore in the Indian equity market on 13 November, provisional data showed.

GIFT Nifty:

Trading of Nifty 50 index futures on the GIFT Nifty indicates that the Nifty could rise 9 points at the opening bell.

The stock exchanges will remain closed on Tuesday, 14 November 2023, on the occasion of Diwali Balipratipada.

On the macro front, India's inflation rate for October will be unveiled on 13 November 2023. India's inflation based on wholesale price index (WPI) for October will be unveiled on 14 November 2023.

Global markets:

Overseas, Asian stocks are trading higher on Monday, bouncing off declines in the previous session as investors look to more economic data ahead of high-stakes talks between the U.S. and China. U.S. President Joe Biden and China?s President Xi Jinping are set this week for their first in-person meeting in about a year.

Japan?s wholesale inflation slowed sharply last month, in a sign that cost pressures were gradually cooling, according to data released by the Bank of Japan. The central bank?s corporate goods price index rose 0.8% in October from a year earlier.

Ratings agency Moody?s Investors Service on Friday downgraded its ratings outlook on the U.S. government to negative from stable, pointing to rising risks to the nation?s fiscal strength.

Domestic markets:

Back home, special one-hour Muhurat trading session on Sunday led to substantial gains in benchmark indices, with the Nifty closing above the 19,500 mark. The barometer index, the S&P BSE Sensex climbed 354.77 points or 0.55% to 65,259.45. The Nifty 50 index added 100.20 points or 0.52% to 19,525.55.

Foreign portfolio investors (FPIs) sold shares worth Rs 190.06 crore, while domestic institutional investors (DIIs), were net buyers to the tune of Rs 95.31 crore in the Indian equity market on 12 November, provisional data showed.

Global Markets:

US stocks rallied on Friday as Treasury yields stabilized. The Dow Jones Industrial Average surged by 391.16 points (1.15%) to close at 34,283.10, while the S&P 500 rose by 1.56% to finish at 4,415.24. The Nasdaq Composite also saw significant gains, increasing by 2.05% to reach 13,798.11, marking its best day since May. All 11 sectors of the S&P 500 showed positive performance, with the tech sector standing out by rising 2.6%.

Domestic Equity Market:

The stock market witnessed a turnaround on Friday, with the main indices making slight gains after a day of trading in the red. The Nifty settled above the 19,400 level after hitting the day?s low of 19,329.45 in morning trade. The recovery was primarily fueled by strength in banking, financials, and oil & gas stocks. The market exuded resilience, fueled by expectations of manageable October retail inflation in India and prospects for an upward revision in Q1FY24 GDP growth. Additionally, robust mutual fund flows and the celebratory spirit of Diwali further buoyed the positive sentiment. The barometer index, the S&P BSE Sensex advanced 72.48 points or 0.11% to 64,904.68. The Nifty 50 index added 30.05 points or 0.15% to 19,425.35.

Foreign portfolio investors (FPIs) sold shares worth Rs 261.81 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 822.64 crore in the Indian equity market on 10 November 2023, provisional data showed.

GIFT Nifty:

Trading of Nifty 50 index futures on the GIFT Nifty indicates that the Nifty could slide 41 points at the opening bell.

The stock markets will open for an hour for Diwali muhurat trading on Sunday, 12th November 2023. The symbolic trading session will be held between 6 pm and 7.15 pm. Muhurat trading is a one-hour trading session that occurs on the day of Diwali.

Global markets:

Overseas, Asian stocks are trading lower on Friday, retreating from small gains made in the previous session amid a downbeat tone set by U.S. markets overnight.

US stocks declined on Thursday, effectively ending the S&P 500's eight day win streak that delivered a gain of more than 6%. The decline in stocks came after Federal Reserve Chairman Jerome Powell made hawkish comments during a panel discussion at an International Monetary Fund conference.

Fed Chair Jerome Powell said in a speech Thursday that the central bank thinks more may be needed to bring down inflation. ?The Federal Open Market Committee is committed to achieving a stance of monetary policy that is sufficiently restrictive to bring inflation down to 2% over time; we are not confident that we have achieved such a stance,? he said in his prepared speech.

Domestic markets:

Back home, equity indices closed lower on Thursday after two days of flat trading. The barometer index, the S&P BSE Sensex declined 143.41 points or 0.22% to 64,832.20. The Nifty 50 index lost 48.20 points or 0.25% to 19,395.30.

Foreign portfolio investors (FPIs) sold shares worth Rs 1,712.33 crore, while domestic institutional investors (DIIs), were net buyers to the tune of Rs 1,512.14 crore in the Indian equity market on 9 November, provisional data showed.

GIFT Nifty:

Trading of Nifty 50 index futures on the GIFT Nifty indicates that the Nifty could rise 28 points at the opening bell.

Global markets:

Overseas, Asian stocks are trading higher Thursday after US equities hit their hottest winning streak in two years, as investors cling to hopes that interest rates have peaked. Meanwhile, China slid back into deflation. Government data showed October consumer prices shrank 0.2% year-on-year in China. Producer prices declined 2.6%.

In US, the S&P 500 and Nasdaq eked out small gains on Wednesday to extend their recent winning streaks as investors weighed Federal Reserve officials' recent comments for signals on the path of interest rates and focused on the direction of Treasury yields. The Dow's decline snapped a seven-session winning streak.

Fed Chair Jerome Powell will appear on a panel discussing monetary policy challenges later Thursday. Atlanta Fed President Raphael Bostic and his Richmond counterpart Tom Barkin are also slated to speak Thursday, as is Bank of England chief economist Huw Pill.

Domestic markets:

Back home, the domestic stock market navigated a volatile trading session on Wednesday, culminating in modest gains. The barometer index, the S&P BSE Sensex rose 33.21 points or 0.05% to 64,975.61. The Nifty 50 index added 36.80 points or 0.19% to 19,443.50.

Foreign portfolio investors (FPIs) sold shares worth Rs 84.55 crore, while domestic institutional investors (DIIs), were net buyers to the tune of Rs 524.47 crore in the Indian equity market on 8 November, provisional data showed.

GIFT Nifty:

Trading of Nifty 50 index futures on the GIFT Nifty indicates that the Nifty could rise 25 points at the opening bell.

Global markets:

Overseas, Asian stocks are trading lower on Wednesday, extending declines from the previous session, while Japanese blue-chip stocks stayed afloat after a positive business sentiment survey.

U.S. stocks rose on Tuesday, with the S&P 500 and Nasdaq notching their longest streak of gains in two years, as a retreat in U.S. Treasury yields buoyed megacap growth stocks while investors sought more clarity on interest rates from the Federal Reserve. Fed Chair Jerome Powell is set to speak on Wednesday and Thursday.

Domestic markets:

Back home, in a volatile trading session on Tuesday, equity indices initially showed a downward trend but managed to recover most of their losses by the end of the day, displaying remarkable resilience. The barometer index, the S&P BSE Sensex declined 16.29 points or 0.03% to 64,942.40. The Nifty 50 index lost 5.05 points or 0.03% to 19,406.70.

Foreign portfolio investors (FPIs) sold shares worth Rs 497.21 crore, while domestic institutional investors (DIIs), were net buyers to the tune of Rs 700.28 crore in the Indian equity market on 7 November, provisional data showed.

GIFT Nifty:

Trading of Nifty 50 index futures on the GIFT Nifty indicates that the Nifty could fall 16 points at the opening bell.

Global markets:

Overseas, Asian stocks are trading lower ahead of trade data coming out of China, as well as a rate decision by the Reserve Bank of Australia. As per reports, the RBA is likely to raise its key policy rate by 25 basis points to 4.35%.

US stocks eked out small gains on Monday as hopes continued to prevail that the Federal Reserve is ready to call an end to tightening.

Office-sharing company WeWork filed for Chapter 11 bankruptcy protection in New Jersey federal court Monday. The company reported liabilities ranging from $10 billion to $50 billion, according to a bankruptcy filing.

Domestic markets:

Back home, domestic equity benchmarks clocked solid gains on Monday, rising for the third straight day. The barometer index, the S&P BSE Sensex, was up 594.91 points or 0.92% to 64,958.69. The Nifty 50 index added 181.15 points or 0.94% to 19,411.75.

Foreign portfolio investors (FPIs) sold shares worth Rs 549.37 crore, while domestic institutional investors (DIIs), were net buyers to the tune of Rs 595.70 crore in the Indian equity market on 6 November, provisional data showed.

GIFT Nifty:

Trading of Nifty 50 index futures on the GIFT Nifty indicates that the Nifty could rise 28 points at the opening bell.

Global markets:

Overseas, Asian stocks are trading higher on Monday after a soft monthly jobs report from the US helped ease bets that the Federal Reserve will continue to hike interest rates.

US stocks closed higher on Friday after a soft jobs report drove bond yields lower. The October jobs report on Friday came in weaker than expectations, showing the Fed?s attempt to cool the economy and stifle inflation could be working. The U.S. economy last month added 150,000 jobs, lower than September?s blowout of 297,000 jobs added. The unemployment rate rose to 3.9%.

Domestic markets:

Back home, the stock market witnessed another day of gains on Friday, extending its rally fueled by positive global cues and decent Q2 numbers. The benchmark Sensex climbed 282.88 points or 0.44% to close at 64,363.78, while the Nifty surged by 97.30 points or 0.51% to close at 19,230.60.

Foreign portfolio investors (FPIs) sold shares worth Rs 12.43 crore, while domestic institutional investors (DIIs), were net buyers to the tune of Rs 402.69 crore in the Indian equity market on 3 November, provisional data showed.

GIFT Nifty:

Trading of Nifty 50 index futures on the GIFT Nifty indicates that the Nifty could fall 5 points at the opening bell.

Global markets:

Overseas, Asian stocks are trading higher on Friday, with investors awaiting a fresh round of data for more clues on the health of services activity through the region. Services purchasing managers? index data from major economies including China and India are set to be released throughout the day. Japan markets were shut for a public holiday.

US stocks rose on Thursday as Treasury yields fell, with investors betting the Federal Reserve could be done raising rates for 2023.

Domestic markets:

Back home, the domestic stock market made a strong recovery on Wednesday, effectively wiping out the losses incurred in the previous two sessions. The benchmark index, S&P BSE Sensex, surged by 489.57 points or 0.77% to reach 64,080.90. Meanwhile, the Nifty 50 index increased by 144.10 points or 0.76%, closing at 19,133.25.

Foreign portfolio investors (FPIs) sold shares worth Rs 1,261.19 crore, while domestic institutional investors (DIIs), were net buyers to the tune of Rs 1,380.15 crore in the Indian equity market on 2 November, provisional data showed.

GIFT Nifty:

Trading of Nifty 50 index futures on the GIFT Nifty indicates that the Nifty could rise 23 points at the opening bell.

Global markets:

Overseas, Asian stocks are trading higher as investors took comfort from the U.S. Federal Reserve?s decision to leave its benchmark interest rates unchanged, while parsing inflation and trade data from across the region.

US stocks advanced on Wednesday after the Federal Reserve kept interest rates unchanged for a second consecutive time ? leading investors to think the central bank would stay put for the rest of the year.

The Federal Reserve on Wednesday held rates steady at a range of 5.25%-5.5%. amid signs of economic growth, while labor market conditions and inflation remain above the central bank?s target. The decision also included an upgrade to the Fed?s general assessment of the economy.

Domestic markets:

Back home, the domestic stock market faced another day of decline as the Nifty index dropped below the 19,000 mark on Wednesday. The barometer index, the S&P BSE Sensex slipped 283.60 points or 0.44% to 63,591.33. The Nifty 50 index lost 90.45 points or 0.47% to 18,989.15.

Foreign portfolio investors (FPIs) sold shares worth Rs 1,816.91 crore, while domestic institutional investors (DIIs), were net buyers to the tune of Rs 1,622.05 crore in the Indian equity market on 1 November, provisional data showed.