On the day of the U.S. presidential election, traders squared positions, and the dollar began Tuesday on the defensive after recent polls dampened some market expectations on Republican Donald Trump winning. The U.S. currency, however, fell as much as 0.76% versus the euro overnight, hitting a three-week low, following a weekend poll that shown Harris with an unexpected lead in Iowa.
Open FlipThe run-up to this year’s Diwali festival was more than a tad dim for India’s stock market. Foreigners pulled out $10 billion in October, even more than they had during the sudden lockdown of the economy during the March 2020 outbreak of Covid-19. The benchmark index posted its biggest monthly decline in more than four years.
Open FlipAt the pre-opening bell, the frontline index S&P BSE Sensex opened in red with a loss of 237.80 points or 0.3%. By 9.17 am, the index stood at 78,519.94 signifying a loss of 262.3 points or 0.33% over its previous closing. Meanwhile, 📌Tilaknagar Industries Ltd, 📌Procter & Gamble Health Ltd and 📌Power Mech Projects Ltd emerged as the Top Gainers of BSE in the pre-opening session today.
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