Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 32 points at the opening bell. Overseas, Asian stocks were trading mixed after a muted US session ahead of midterm elections. US stocks edged higher yesterday, 5 November 2018 with Warren Buffett's Berkshire Hathaway Inc. powering gains in the S&P 500 Index. Back home, key equity indices settled with modest losses yesterday, 5 November 2018 due to negative Asian stocks. The Sensex settled below the psychological 35,000 level after sliding below that level in early trade. The Sensex fell 60.73 points or 0.17% to settle at 34,950.92. The trading activity on that day showed that the foreign portfolio investors (FPIs) bought shares worth a net Rs 12.34 crore yesterday, 5 November 2018, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) sold shares worth a net Rs 621.94 crore yesterday, 5 November 2018, as per provisional data. Among corporate news, Power Grid Corporation of India's net profit rose 7.9% to Rs 2309.49 crore on 14.2% increase in net sales to Rs 8283.03 crore in Q2 September 2018 over Q2 September 2017. The result was announced after market hours yesterday, 5 November 2018. Coal India said that the Government of India reduced its stake in the company by 3.19% to make its holding stand at 75.13% of the equity share capital of the company. The announcement was made after market hours yesterday, 5 November 2018. HCL Technologies (HCL) said it tied up with Deutsche Bank to transform the bank's global cheque processing operations. Under the terms of the agreement, HCL will build a cloud-based digital and fully scalable cheque processing platform for the bank. The new IT-platform is expected to go live in 2019. The announcement was made after market hours yesterday, 5 November 2018. Powered by Capital Market - Live News |