Top Market Highlights Of The Day – Dec 8th 2021

TOP 5 interesting facts 2 1024x1024 Top Market Highlights Of The Day – Dec 8th 2021

Nifty and Sensex

Domestic markets rallied amid positive global cues on Tuesday as bulls announced their return in style. S&P BSE Sensex added 886 points or 1.56% to finish at 57,633 while the NSE Nifty 50 index jumped 264 points to settle at 17,176

SGX Nifty Signals +ve start

Nifty futures on the Singapore Exchange-traded 102.5 points, or 0.60 percent, higher at 17,313.50, signaling that Dalal Street was headed for a positive start on Wednesday.

FPIs sell shares worth Rs 2,585 cr

Net-net, foreign portfolio investors (FPIs) turned sellers of domestic stocks to the tune of Rs 2,584.97 crore, data available with NSE suggested. DIIs turned net buyers to the tune of Rs 2,605.81 crore, data suggests.

Tanla Platforms touches a 52-week high

Tanla Platform’s share price touched a 52-week high of Rs 1,675.90 and locked at the 5 percent upper circuit on December 7 after the company announced a partnership with Vodafone Idea.There were pending buy orders of 34,195 shares, with no sellers available.

Sebi proposes ‘one commodity one exchange’ policy

Capital markets regulator Sebi on Tuesday proposed a ‘one commodity one exchange’ policy in a bid to reduce fragmentation of liquidity and help every stock exchange develop an exclusive set of un-fragmented liquid contracts. In a consultation paper, the regulator said it has prepared a concept note on developing exchange-specific unique sets of commodities for trading in the commodity derivatives segment and reducing fragmentation in commodity derivatives markets.

Asian shares catch global equities rally, but oil slips

Asian shares extended gains on Wednesday, continuing a global relief rally as markets found positive news in early reports about the potential impact of the Omicron variant, although overnight advances in oil prices began to peter out. Markets are very sensitive to any slight new item relating to Omicron, and the absence of bad news is being taken very positively by equity markets

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