Following positive trends in Asian markets and India’s GIFT Nifty on Thursday, several key commodities also rose. The U.S. dollar index and bond yield stood at 106.4 and 4.71% respectively, while Brent crude oil rose 1.02% to $85.49 per barrel. Nymex crude oil followed suit, gaining 1.09% to $81.32 per barrel, and bitcoin rose 1.20% to $35,879.42.
In corporate news, interim dividend payers QGO Finance, Elpro International and Godrej Consumer Products set their ex/record dates. However, WPIL has moved its record date to November 13.
Significant insider transactions were also reported on Thursday. Jindal Stainless’s promoter group JSL Overseas bought shares while Sterling and Wilson Renewable’s promoter Shapoori Pallonji and Co., Shilchar Technologies’ promoter Ajay Jitendra Shah and Suraj Finvest made market sales. In addition, Enami’s promoter Diwakar Finvest released a pledge of shares.
Investors are advised to keep an eye on stocks like Maruti Suzuki, ICICI Bank, Adani Enterprises, Tata Steel, Hero Moto, ONGC and Airtel as the GIFT Nifty signals a higher opening.
