Ten Things To Know Before The Share Market Opens

The Indian stock market is expected to open cautiously, with SGX Nifty trends indicating a positive start for the index in India. The BSE Sensex surged 831.53 points, or 1.40 percent, to 60,138.46, while the Nifty50 gained 258 points, or 1.40 percent, to 17,929.70, making a bullish candle on the daily charts. Following their November 1 rise, Japanese stocks began to tumble, with the Nikkei 225 index falling 0.36 percent and the Topix index plunging 0.59 percent.

The Nifty futures were trading at 18,016 on the Singapore Exchange around 07:30 IST. According to preliminary government estimates, India's merchandise exports surged 42.33 percent in October to $35.47 billion. According to the monthly consumer mood poll conducted by Axis My India, at least 41% of Indians believe the economy will rebound by January 2022. The ISM's gauge of national industrial activity declined to 60.8 in October from 61.1 in September. A rating of 50 or higher indicates that manufacturing, which accounts for 12% of the US economy, is expanding. The November 2 F&O embargo affects two stocks: Punjab National Bank and Escorts.