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November 1, 2021

The BSE sensex closed the shop at 60,138UPby 831 points and the Nifty close the day at 17,946 byadding274 points.

On the Upside: Indusindbank, Hindalco, Bhartiairtel, HCLTECH
On the downside-UPL, Bajajfinsv, M&M, Nestleind

Tech View:-.We have witnessed Supportive global cues, marginal ease in crude oil prices, and the on-going earnings season led to a positive start in BSE and NSE The NSE Nifty touched a high of 17,954, and ended 274 points higher at 17,946Nifty formed Bullish sort of candle on daily chart, We may see positive trend continue Going forward 17700-17800 will act as a strong support and 18000 will act as a strong resistance.

European & USA markets: @ IST 4:45 European markets were trading atPositive note. Where the Germany’s DAX tradingPositiveby 0.81 %, Other hand France’s CAC40 indexrunningPositiveby 0.91% where, England’s FTSE100 indexPositiveby 0.50%.
Where; wall street @ IST 04:45 The DOW future contract tradingPositive171points, S&P 500 Future trading Positive 21.50 points, Where Nasdaq100 futurePositive67points.

Global News Analysis:

LONDON -China’s property sector woes could spell trouble for prestige mega-projects in London, New York, Sydney and other top cities as the developers behind them scramble for cash.
China :- A declassified U.S. intelligence report saying it was plausible that the COVID-19 pandemic originated in a laboratory is unscientific and has no credibility, Chinese foreign ministry spokesman Wang Wenbin said in a statement on Sunday.
USA – Price and wage increases running at multi-decade highs may challenge Federal Reserve officials this week as they try to maintain a balance between ensuring inflation remains contained and giving the economy as much time as possible to restore the jobs lost since the pandemic. – toughens rules for its globally systemically important banks.
India:- British Prime Minister Boris Johnson is set to announce a sovereign guarantee for a $1 billion World Bank loan for India to develop green infrastructure, three sources familiar with the matter told Reuters on Monday