In the current week the November series Futures & Options contracts will expire, hence volatility is expected to be high.
Share Bazaar News Today | Sensex, Nifty, Share Prices LIVE: Sensex and Nifty were trading with gains on Monday morning. Sensex opened and reached an all-time high of 44,271 points while Nifty 50 was above the 12,900 levels. Among the top gainers on Sensex were IndusInd Bank, Bajaj Finserv, and Reliance Industries. HDFC, Mahindra & Mahindra, and Bharti Airtel were the top drags. Volatility was up 2.8% while smallcap and midcap indices continued to outperform the benchmark indices. Asian peers were trading with gains on Monday morning. Shanghai Composite was up in the green along with Kospi and KOSDAQ while Hang Seng was trading flat.
Foreign Portfolio Investors (FPI) have continued to buy domestic equities and debt instruments. So far in November FPIs have bought Rs 44,378 crore worth of stocks and Rs 5,175 crore worth of debt. If the inflows continue this week, November will witness the highest FPI inflows that India has ever received in a month. Earlier this year, FPIs had invested Rs 47,000 crore into domestic equities in the month of August — the highest till date.