Share Market Live: Sensex, Nifty Set To Gain; DLF, M&M In Focus

Live updates from India's equity markets on Oct. 27

Trade Setup For ThursdayGLOBAL CUESU.S. Dollar Index at 109.70U.S. 10-year bond yield at 4% on WednesdayBrent crude up 0.10% to $95.79 per barrelNymex crude at $88.01 per barrelSGX Nifty up 0.3% to 17,867.5 as of 6:30 a.m.Bitcoin up 0.07% to $20,766.88EarningsAditya Birla Sun Life AMC, Anupam Rasayan India, Balaji Amines, Gokaldas Exports, Indian Metals & Ferro Alloys, Indus Towers, Latent View Analytics, Lloyds Steels Industries, CE Info Systems, PC Jeweller, PNB Housing Finance, REC, SBI Cards and Payment Services, Supreme Petrochem, Tata Chemicals, Tamilnad Mercantile Bank, Vaibhav Global, V-Guard IndustriesStocks To WatchDLF: The company plans to launch new projects worth Rs 3,500 crore, mainly in Gurugram and Panchkula, during the second half of this fiscal.Embassy Office Parks REIT: The investment trust will invest Rs 2,200 crore in the next four years to develop premium workspacesTrident: The company has commissioned a new solar power project of 8.87 MWp at Budhni, Madhya Pradesh for captive use at its locally based manufacturing facilities.Macrotech Developers: ICRA has assigned [ICRA] A+ (Stable) rating to the company’s term loan facility worth Rs 600 crore.Mahindra & Mahindra: The company incorporated a wholly owned subsidiary, Mahindra Electric Automobile, to undertake its four-wheeler passenger electric vehicles business.LT Foods: The board of the company will meet on Oct. 31, 2022, to discuss raising of funds and reorganisation of shareholding framework of subsidiary companies.Earnings Post Market HoursChennai Petroleum Q2 FY23 (Consolidated, YoY)Revenue up 75% at Rs 22,894 crore.Ebitda fell 26% to Rs 227.6 crore.Ebitda margin 1% versus 2%Net profit fell 72% to Rs 17 crore.Sensex, Nifty Set To Rise; DLF, M&M In FocusGlobal equity investors parsed mixed messages on Thursday betting on a further recovery for Chinese shares, while weak tech earnings dimmed the outlook for U.S stocks. Treasury yields fell.US-listed Chinese stocks rallied and futures for Hong Kong equities pointed towards a possible second day of gains on Thursday following sharp losses after President Xi Jinping tightened his grip on the country over the weekend. Meanwhile, Australian stocks opened higher and Japanese shares fell.U.S. stocks dropped as investors parsed fresh economic data and disappointing earnings while mulling the Federal Reserve’s path after the Bank of Canada announced a smaller-than-expected rate hike.The S&P 500 fell 0.7% as of 2:54 p.m. New York time, while the Nasdaq 100 fell 2.1%. That was triggered by a selloff in mega caps including Microsoft Corp. and Alphabet Inc. The Dow Jones Industrial Average, however, was little changed.Indian equity benchmarks had ended lower on Tuesday, snapping a seven-day rally. The S&P BSE Sensex declined 287.70 points or 0.48%, while NSE Nifty fell 74.40 points or 0.42%. Wednesday was a market holiday.Oil gained further ground after touching the highest level in about two weeks after US Secretary of State Anthony Blinken said a deal with Iran is unlikely to advance in the short term.At 6:42 am, the Singapore-traded SGX Nifty -- an early barometer of India's benchmark Nifty 50 -- traded 0.48% higher at 17,899.. Read more on Markets by BloombergQuint.

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