Asian markets and GIFT Nifty trend upward as key commodities rise
Investing.com | Editor Pollock Mondal
Published Nov 02, 2023 02:10AM ET
In the wake of positive trends across Asian markets and India's GIFT Nifty on Thursday, several key commodities also saw a rise. The U.S dollar index and bond yield stood at 106.4 and 4.71% respectively, while Brent crude increased by 1.02% to $85.49 per barrel. Nymex crude followed suit, up 1.09% at $81.32 per barrel, and Bitcoin rose by 1.20% to $35,879.42.
In company news, interim dividend entities QGO Finance, Elpro International, and Godrej Consumer Products have set their ex/record dates. However, WPIL has postponed its record date to November 13.
Significant insider trades were also reported on Thursday. Jindal Stainless's promoter group, JSL Overseas, purchased shares while Sterling and Wilson Renewable's promoter Shapoori Pallonji and Co., Shilchar Technologies' Promoter Ajay Jitendra Shah, and Suraj Finvest made market sales. Additionally, Enami's promoter Diwakar Finvest released a pledge of shares.
Investors are advised to keep an eye on stocks such as Maruti Suzuki, ICICI Bank, Adani Enterprises, Tata Steel, Hero Moto, ONGC, and Airtel as GIFT Nifty signals a higher opening.
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