Share Market Live Updates 3 October: Domestic stock market benchmark indices Sensex and Nifty 50 are likely to open with a decline on Thursday amid mixed signals from global markets. Let us tell you that the Indian stock market was closed on Wednesday on the occasion of Gandhi Jayanti. Whereas, today there was a mixed trend in Asian markets. At the same time, American stock markets closed with a slight gain overnight.
Geopolitical tensions escalated in the Middle East after Israel and the US vowed to strike back following Iran’s attack on Israel on Tuesday. Its impact can also be seen in the domestic stock market today.
What are the global signals for Sensex-Nifty?
Asian Market: Asian markets traded higher on Thursday, following overnight gains on Wall Street. Japan’s Nikkei 225 rose 2.57 percent, while Topix recorded a jump of 2 percent. The markets of China and South Korea are closed due to holidays.
Gift Nifty: GIFT Nifty was trading around 25,725 levels, a decline of about 250 points from the previous close of Nifty futures, indicating a gap-down start for Indian stock market indices.
wall Street: The US stock market closed with a slight gain on Wednesday due to the rise in tech stocks. The Dow Jones Industrial Average rose 39.55 points, or 0.09 percent, to 42,196.52, while the S&P 500 rose 0.79 points, or 0.01 percent, to 5,709.54. The Nasdaq Composite managed to close at 17,925.12, up 14.76 points or 0.08 percent.
It will be possible to stop the amount in the account on the lines of IPO
From February 1, eligible stock brokers will have to allow their clients to use UPI based block mechanism for buying and selling of shares or they will have to offer three facilities in one trading account. This step will strengthen and empower the position of investors.
The eligible stock broker must offer one of these two options, in addition to the existing method of trading. Savings account, demat account and trading account are combined under three facilities in a business account. In this case, customers will have their funds in their bank account and will earn interest on the balance.
