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Stock Market Live Updates: The first trading day of this week is not a good sign for the Indian Stock Market. Indian market may open with a fall. SGX Nifty is trading at 18,526 with a decline of 65 points. Due to which the business can start with a fall in Sensex Nifty.
selling by foreign investors
Last week, foreign investors had sold heavily. Foreign investors had sold Rs 4300 crore last week. FIIs have sold Rs 5657 crore in December. At the same time, domestic investors have made purchases. DII has made purchases worth Rs 3710 crore.
Retail inflation data will come today
Retail inflation rate and industrial production rate i.e. IIP figures will be announced today, which is going to be important for the market. It is believed that the retail inflation rate is estimated to be around 6.4 percent in the month of November.
Uniparts India listing
Engineering manufacturing company Uniparts India will be listed on the stock exchange today. It is believed that the stock is expected to be listed at a premium of 10 per cent from the issue price. The IPO was subscribed 25.32 times. The company has fixed the IPO price at Rs 577.
fall in crude oil
The biggest signal for the Indian markets has come in the form of a fall in the prices of crude oil. Crude oil has fallen 11 percent in the last week and is trading at $ 76.10. The market is estimated to come down to $70 to $72 per barrel. If the fall in the prices of crude oil continues, there can be a big relief on the inflation front.
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