SENSEX OVER 60K, NIFTY TOPS 17,900; IT, real estate stocks are exploding

Covid-19: India records more than 30,000 cases for the second day in a row

Infosys, TCS and HDFC Bank make early gains on Sensex

Best winners / losers on Sensex when opening offers

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Nifty breaks record, above 17,900

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Sensex crosses 60,000 in a first

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Sensex reaches 60,000 in pre-opening

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Nifty above 17,900 in pre-opening

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Clever Perspective: Manish Hathiramani, Owner Index Trader and Technical Analyst, Deen Dayal Investments

The index closed well above the resistance at 17600 and should now head towards 17900-17950. Any decline or intraday correction should be used to accumulate long positions. 17500 has become new support for the Nifty and as long as this holds the overall trend remains bullish.

FII / DII data

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Vedanta will write off ADRs

Vedanta Ltd will delist its American Depositary shares from the New York Stock Exchange and terminate the program. Vedanta also plans to delist ADSs and the underlying stocks and end reporting obligations. The decision was made due to low trade volumes and higher maintenance costs. The company will focus all transactions of its shares on BSE and NSE.

Actions to watch

The actions of Infosys, Vedanta, Dilip Buildcon, Adani Enterprises, among others, will be the focus today.

Canara Bank, Escorts, Indiabulls Housing Finance, Vodafone Idea, IRCTC and Punjab National Bank are under F&O ban on September 24

SGX Nifty at 17,853.80, up 11.75 points

The dollar falls to its lowest in a week

The US greenback was close to its one-week low against its major peers on Friday, as improving risk sentiment erased recent gains amid easing concerns over contagion from a possible default by the China Evergrande group. The U.S. dollar index, which measures the currency’s strength against a basket of six rivals, fell to 93.068 from Thursday, when it slipped 0.36%, and hit its lowest since September 17 at 92.977.

Asian stocks are up; US Fed’s stance makes investors optimistic

Asian stocks were higher in early trades on Friday, following their US counterparts, which were backed after the Federal Reserve avoided any nasty surprises in its policy statement and said it may start cutting back soon. its asset purchases.

Investors are optimistic that an impending cut in Federal Reserve stimulus measures shows confidence in the recovery from the pandemic.

The benchmark Nikkei 225 index rose 1.66% or 491.91 points to 30,131.31 while the larger Topix index rose 1.57% or 32.08 points to 2,075.63.

Australia’s S & P / ASX 200 index remained stable, while South Korea’s Kospi index rose 0.2%.

On Wall Street, the Dow Jones Industrial Average gained 506.5 points, or 1.48%, to 34,764.82, the S&P 500 gained 53.34 points, or 1.21%, to 4,448.98 and the Nasdaq Composite added 155.40 points, or 1.04%, to 15,052.24.

Traders continue to monitor the development of the plight of struggling Chinese real estate giant Evergande.