Before the bell, 29 Oct
8 overnight items that matter out of 90. Overnight moves that matter: Kospi, Brent crude.
FinMinutes Markets · built from exchange, depository and company data · every number checked against the day's facts
Where we stand
Overnight
Kospi −2.84%: Asia is moving with conviction this morning.
Brent crude −4.32%: India imports most of its oil: oil marketers, paints, aviation, tyres and the rupee feel this.
| Last | Change | For India today | |
|---|---|---|---|
| Kospi | 5,841.66 | −2.84% | matters Asia is moving with conviction this morning |
| Brent crude | 110.34 | −4.32% | matters India imports most of its oil: oil marketers, paints, aviation, tyres and the rupee feel this |
| S&P 500 | 7,743.98 | +0.28% | background |
| Nasdaq Composite | 26,549.85 | +0.27% | background |
| Dow Jones | 52,475.10 | +0.19% | background |
| Nikkei 225 | 64,120.19 | +0.26% | background |
| Hang Seng | 23,072.74 | −0.10% | background |
| Gold | 4,060.10 | +0.21% | background |
| US dollar index | 102.10 | −0.09% | background |
| USD/INR | 95.21 | +0.03% | background |
| US 10-year yield | 5.045 | +5 bp | background |
Last available quotes at build time; Asian markets may still be trading.
What changed overnight
Financial services firm Chola to raise 5k crore through QIP
The DA hike from 60% to 63% will increase monthly payments for central government employees in 2026. Employees can use the extra…
MSCI has decided to delay the removal of Polycab India from its indices amid insolvency uncertainty. The company was placed on the…
- Changes cash or the balance sheetFinancial services firm Chola to raise 5k crore through QIP
Financial services firm Chola to raise 5k crore through QIP
Times of India ↗ - Changes earningsDA hike from 60% to 63%: How central government employees can use extra salary to build savings and secure their future
The DA hike from 60% to 63% will increase monthly payments for central government employees in 2026. Employees can use the extra…
LiveMint ↗ - Changes risk or governanceMSCI puts Polycab exit on hold amid insolvency case uncertainty
MSCI has decided to delay the removal of Polycab India from its indices amid insolvency uncertainty. The company was placed on the…
Economic Times ↗ - Changes earningsPersistent Systems to raise Rs 6,000 crore via NCDs for Nagarro deal
Persistent Systems plans to raise more than ₹6,000 crore through non-convertible debentures for its Nagarro SE acquisition. The company successfully completed a…
Economic Times ↗ - Changes earningsGautam Adani explores €3 billion acquisition of Dutch energy storage group VTTI
The potential deal could expand Adani Group’s global infrastructure portfolio as energy supply disruptions increase the value of storage facilities
The Hindu BusinessLine ↗ - Macro and policyGold dips on firmer dollar; US inflation data in focus
Gold prices experienced a decline as the dollar strengthened following the Federal Reserve's decision to hold interest rates steady. Market participants are…
Economic Times ↗ - Macro and policyRBI accepts 20 bps higher treasury bill cutoff yields than last auction
The Reserve Bank of India has increased the cut-off yields for treasury bills after canceling a prior auction. Yields of the 91-day,…
Economic Times ↗ - Macro and policyHUL sales rise 15% to hit 14-quarter high, but inflation clouds demand outlook
Hindustan Unilever posted a turnover of ₹18,071 crore for the September quarter, highlighting a 15% rise. Even with a price increase of…
Economic Times ↗
8 of 90 items since the last close changed earnings, cash, risk, a sector or the macro picture. The other 82 were previews, recaps, opinion or repeats.
Today's agenda
8 results board meetings.
- 8 results board meetings: Coal India Ltd., InterGlobe Aviation Ltd., Apar Industries Ltd., Brigade Enterprises Ltd., Deepak Nitrite Ltd., Indian Energy Exchange Ltd., Laurus Labs Ltd., Motilal Oswal Financial Services Ltd.
What would change the read
If FIIs turn net buyers in the cash market, the rally would be getting funded, not just priced; if not, the money still is not following prices.
If more than half of the Nifty 500 closes higher, the move would be broad, not carried by a few heavyweights; if not, gains, if any, would be narrow.
If India VIX closes lower than the day before, demand for protection would be easing; if not, traders would still be paying up for protection.
- IfFIIs turn net buyers in the cash market: the rally would be getting funded, not just priced. If not: the money still is not following prices.
- Ifmore than half of the Nifty 500 closes higher: the move would be broad, not carried by a few heavyweights. If not: gains, if any, would be narrow.
- IfIndia VIX closes lower than the day before: demand for protection would be easing. If not: traders would still be paying up for protection.
Tonight's Close scores each of these.