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Yesterday's big news was related to the stock market. Amid US presidential election voting and results, the Sensex closed at 80,378 on November 6 with a rise of 901 points (1.13%). Nifty also increased by 270 points (1.12%), it closed at the level of 24,484. Semiconductor chip manufacturing company Nvidia has once again become the most valuable company in the world.
Before tomorrow's big news, today's major events to keep an eye on…
- There may be a rise in the stock market today.
- RVNL and NHPC's second quarter results will be out.
- There has been no change in the prices of petrol and diesel.
Now read tomorrow's big news…
1. Impact of Trump's victory, US market rises 3%: Sensex rises 901 points; China market fell by 0.094%, Japan-Korea market also increased
Amid US presidential election voting and results, the Sensex closed at 80,378 today i.e. on November 6 with a rise of 901 points (1.13%). Nifty also increased by 270 points (1.12%), it closed at the level of 24,484. At the same time, BSE Smallcap closed at the level of 56,008 with a rise of 1,077 points (1.96%).
Whereas America's Dow Jones is trading today at the level of 43,516, up by about 3%. At the same time, S&P 500 is trading at 5,892 level with a rise of about 2% and Nasdaq is also trading at 18,843 level with a rise of more than 2%.
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2. Nvidia once again becomes the world's most valuable company: Left Apple and Microsoft behind, market cap crosses ₹ 289 lakh crore
Semiconductor chip manufacturing company Nvidia has once again become the world's most valuable company. On Tuesday (November 5), the company's shares rose by 2.84%, due to which the market cap increased to $ 3.43 trillion (about Rs 289 lakh crore).
The company has achieved this position by leaving behind iPhone maker Apple. Apple's market cap is 3.38 trillion dollars (about Rs 285 lakh crore). Whereas Microsoft's market cap is 3.06 trillion dollars (about Rs 250 lakh crore).
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3. Rupee at low level of 84.24 against dollar: Dollar strengthened after US election results, this will make imports expensive.
The Indian Rupee has reached its all-time low. The rupee has fallen by about 0.1141 paise against the US dollar on Wednesday (November 6). After the day's trading it closed at Rs 84.2366 per dollar.
Since October 10, there has been a continuous small and big decline in the rupee. Earlier yesterday i.e. on October 5, the rupee had closed at its lowest level of 84.1225 per dollar. On October 10, the Indian currency was at the level of 83.9685 against the dollar. On October 17, it had reached the level of 84.03 against the dollar.
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4. Tata Steel profits of ₹758 crore in the second quarter: Revenue fell 3.19% to ₹53,904 crore, stock gave 28% return in one year
Tata Steel's consolidated net profit in the second quarter (July-September) of the financial year 2024-25 increased to ₹ 758.84 crore on an annual basis (YoY). The company had suffered a loss of Rs 6,511 crore in the same quarter a year ago.
Tata Steel has released its second quarter results today on 6 November. Consolidated revenue from operations of Tata Steel has declined by 3.19% on an annual basis.
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5. Vehicle sales increased by 32.14% in October: Maruti Suzuki sold maximum 1.99 lakh cars, Hero MotoCorp on top among two-wheelers.
Federation of Automobile Dealers Association (FADA) has released the report of vehicles sold in October 2024. According to this, 28 lakh 32 thousand 944 vehicles were sold in the Indian auto market last month with a growth of 32.14% on annual basis. Whereas in October last year, 21 lakh 43 thousand 929 vehicles were sold.
The highest growth of 36.34% has been seen in the sales of two wheelers. Last month, a total of 20 lakh 65 thousand 095 two wheelers were sold in the country, in which Hero MotoCorp was at number one with sales of 5 lakh 76 thousand 532 two wheelers. A year ago, a total of 15 lakh 14 thousand 634 two-wheelers were sold.
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6. Skoda Kaylaq launched in India, starting price ₹ 7.89 lakh: SUV has safety features like 6 airbags and traction control, competes with Nexon and Brezza.
Skoda has launched its sub-compact SUV Kaylak in India. This is the smallest SUV of the Czech Republican company in India so far. Its design is inspired by Kushaq. The cabin has a black and gray theme with silver and chrome accents all around.
Skoda Kaylak is equipped with features like 10.1-inch touchscreen, ventilated front seats and electric sunroof. Apart from this, for safety, the sub-4 meter SUV has been provided with features like 6 airbags as standard, electronic stability control and traction control.
Click here to read the full news…
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