Stock Market: Opening Bell

Daily Market Updates Opening Bell
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6 Things to Know Before Market Opens on October 3, 2024

On Thursday, October 3, 2024, the benchmark indices, Sensex and Nifty 50, will likely be affected due to mixed cues from global markets and fears of a full-fledged war between Iran and Israel. At 08:12, Gifty Nifty traded at 25,702.5, down by 1.26%.

Previous Trading Session

On October 01, 2024, the Indian stock market indices settled the volatile session flat. The Sensex slipped 33.49 points, or 0.04%, to close at 84,266.29, while the Nifty 50 ended 13.95 points, or 0.05%, lower at 25,796.90.

FII and DIIs

On October 01, 2024, DIIs bought securities worth ₹4,609.55 crore, while FIIs sold securities worth ₹5,579.35 crore.

Put Call Ratio (PCR)

Nifty’s PCR has shifted to 0.67 in the previous session. A PCR ratio below 0.7 or heading toward 0.5 denotes a bearish trend, whereas a ratio above 0.7 or approaching 1 typically suggests a positive sentiment.

The increasing PCR, which is higher than 0.7 or surpasses 1, means traders are selling more Put options than Call options, which generally indicates the firming up of a bullish sentiment in the market. If the ratio falls below 0.7 or moves towards 0.5, then it indicates selling Call Options is higher than selling Put options, reflecting a bearish mood in the market.

Crude and Gold Prices

In energy markets, US crude settled up 0.39% at $70.10 a barrel and Brent ended the session at $73.90%, up 0.46% on the day. On the metals front, spot gold fell 0.14% to $2,659.22 an ounce. US gold futures fell 1.02% to $2,640.00 an ounce

Asian Markets

Despite growing Middle East tensions, Japanese stocks led gains in Asia, supported by the little overnight increase on Wall Street. The Topix index as a whole increased by 2%, whereas the Nikkei 225 gained 2.21 %. Hong Kong’s Hang Seng fell 2.35%, while Australia’s S&P/ASX 200 was down little at 0.07%.

US Markets

Amidst Middle East tensions and the impending release of additional US labour statistics this week, investors remain cautious despite the US stock market’s slight increases on Wednesday. The gains were driven by rises in technology firms. S&P 500 gained 0.79 points, or 0.01%, to 5,709.54, while the Dow Jones Industrial Average gained 39.55 points, or 0.09%, to 42,196.52. A gain of 14.76 points, or 0.08%, brought the Nasdaq Composite to a close of 17,925.12.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

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6 Things to Know Before Market Opens on October 04, 2024

Following mixed cues from global markets, the benchmark indices, Sensex and Nifty 50, will likely be impacted and remain volatile on October 4, 2024. At 08:00, Gifty Nifty traded at 25,433.0, down by 0.36%.

Previous Trading Session

On October 03, 2024, the Indian stock market witnessed a bloodbath, whereby investors lost significant wealth. The benchmark indices marked their worst intraday drop in past 2 as investor sentiment soured amid the Iran - -Israel war. The Sensex tumbled,769.19 points, or 2.10%, to close at 82,497.10, while the Nifty 50 settled 546.80 points, or 2.12%, lower at 25,250.10.

FII and DIIs

On October 03, 2024, DIIs bought securities worth ₹12,913.96 crore, while FIIs sold securities worth ₹15,243.27 crore.

Put Call Ratio (PCR)

Nifty’s PCR has shifted to 0.74 in the previous session. A PCR ratio below 0.7 or heading toward 0.5 denotes a bearish trend, whereas a ratio above 0.7 or approaching 1 typically suggests a positive sentiment.

The increasing PCR, which is higher than 0.7 or surpasses 1, means traders are selling more Put options than Call options, which generally indicates the firming up of a bullish sentiment in the market. If the ratio falls below 0.7 or moves towards 0.5, then it indicates selling Call Options is higher than selling Put options, reflecting a bearish mood in the market.

Crude and Gold Prices

In energy markets, Crude oil prices soared amid the Middle East conflict and the potential disruption in crude flows. Brent crude futures grew 0.12% to $77.71 a barrel, while the US West Texas Intermediate (WTI) crude futures rose 0.11% to $73.79 a barrel.

Asian Markets

Amid worries over tensions in the Middle East, Asian markets fluctuated on Friday, following Wall Street’s overnight losses. Japan’s Topix increased 0.41%, and the Nikkei 225 gained 0.34%. The Kospi in South Korea gained 0.19%, and the Kosdaq had a 0.74% increase. Futures on the Hong Seng index suggested a weaker opening.

US Markets

Due to caution regarding the escalating crisis in the Middle East, the US stock market finished Thursday at a lower level. The S&P 500 dropped 9.58 points, or 0.17%, to 5,699.96, while the Dow Jones Industrial Average slid 184.93 points, or 0.44%, to 42,011.59. At 17,918.48, the Nasdaq Composite closed 0.04%, or 6.65 points, lower.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

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6 Things to Know Before Market Opens on October 07, 2024

The Indian stock market will likely be impacted on Monday, supported by global trends. In the last sessions, US markets rose on jobs data, while Asian markets showed mixed performance.

The Indian stock market will likely be impacted on Monday, supported by positive trends in global markets and following a significant drop last week.

While Asian markets showed mixed results, the US stock market closed with strong gains on Friday after a positive jobs report. This report has shifted expectations for the US Federal Reserve’s next move. Now, most traders predict a smaller interest rate cut of 25 basis points in November instead of 50 basis points, with a 95% chance of this happening, up from 65% last week, according to the CME’s FedWatch tool. There’s also a small 5% chance that no cut will occur.

Previous Trading Session

On October 04, 2024, the Indian stock market continued its losing streak, with both Sensex and Nifty 50 dropping for the fifth session in a row. The Sensex fell by 808.65 points (0.98%) to close at 81,688.45, while the Nifty 50 declined by 235.50 points (0.93%), ending at 25,014.60.

FII and DIIs

On October 04, 2024, DIIs bought securities worth ₹20,286.53 crore, while FIIs sold securities worth ₹24,421.74 crore.

Put Call Ratio (PCR)

Nifty’s PCR has shifted to 0.44 in the previous session. A PCR ratio below 0.7 or heading toward 0.5 denotes a bearish trend, whereas a ratio above 0.7 or approaching 1 typically suggests a positive sentiment.

The increasing PCR, which is higher than 0.7 or surpasses 1, means traders are selling more Put options than Call options, which generally indicates the firming up of a bullish sentiment in the market. If the ratio falls below 0.7 or moves towards 0.5, then it indicates selling Call Options is higher than selling Put options, reflecting a bearish mood in the market.

Crude and Gold Prices

On October 07, 2024, Brent crude futures declined 0.35% to $77.78 a barrel, while the US West Texas Intermediate (WTI) crude futures declined 0.24% to $74.20 a barrel as of 08:10 AM.

Asian Markets

Asian markets showed mixed results on Monday, with Japanese stocks leading the way. Japan’s Nikkei 225 gained 2.03%, and the Topix index increased by 1.62%. Meanwhile, South Korea’s Kospi dipped by 0.28%, but the Kosdaq rose by 0.37%. Hong Kong’s Hang Seng index futures suggested a lower opening.

US Markets

In the US, Wall Street closed higher on Friday. The Dow Jones Industrial Average jumped by 341.16 points (0.81%) to reach a record high of 42,352.75. The S&P 500 climbed 51.13 points (0.90%) to 5,751.07, while the Nasdaq Composite advanced 219.37 points (1.22%) to finish at 18,137.85.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

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6 Things to Know Before Market Opens on October 08, 2024

Sensex and Nifty 50 are expected to be impacted and influenced by a global sell-off. In the previous session, Asian markets dip, while US tech stocks drag down Wall Street amid Fed rate uncertainty.

Indian equity benchmark indices, Sensex and Nifty 50, are expected to get impacted on October 08, 2024, influenced by a global market sell-off.

Previous Trading Session

On October 07, 2024, Indian stock markets saw sharp declines for the sixth day in a row, with continued foreign fund outflows. The Sensex fell by 638.45 points (0.78%) to 81,050.00, while the Nifty 50 dropped 218.85 points (0.87%) to 24,795.75.

FII and DIIs

On October 07, 2024, DIIs bought securities worth ₹23,924.07 crore, while FIIs sold securities worth ₹22,350.66 crore.

Put Call Ratio (PCR)

Nifty’s PCR has shifted to 0.45 in the previous session. A PCR ratio below 0.7 or heading toward 0.5 denotes a bearish trend, whereas a ratio above 0.7 or approaching 1 typically suggests a positive sentiment.

The increasing PCR, which is higher than 0.7 or surpasses 1, means traders are selling more Put options than Call options, which generally indicates the firming up of a bullish sentiment in the market. If the ratio falls below 0.7 or moves towards 0.5, then it indicates selling Call Options is higher than selling Put options, reflecting a bearish mood in the market.

Crude and Gold Prices

Brent crude futures fell by 0.3% to $80.70 per barrel, while US West Texas Intermediate (WTI) futures also slipped 0.3% to $76.94 per barrel. Despite the drop, both contracts had surged more than 3% on Monday, reaching their highest levels since late August.

Asian Markets

On Tuesday, Asian markets mostly traded lower, following losses from Wall Street overnight. MSCI’s broadest index of Asia-Pacific shares, excluding Japan, dipped by 0.05%.

Japan’s Nikkei 225 fell 0.75%, and the Topix index dropped 0.88%. In South Korea, the Kospi was down 0.61%, and the Kosdaq slipped 0.14%. Chinese markets, however, surged by over 10% after reopening from a long holiday, with the CSI 300 index jumping 10.2%. Meanwhile, Hong Kong’s Hang Seng index fell more than 3%.

US Markets

In the US, the stock market closed lower on Monday due to a sell-off in tech stocks. The Dow Jones Industrial Average dropped 398.51 points (0.94%) to 41,954.24, the S&P 500 lost 55.13 points (0.96%) to 5,695.94, and the Nasdaq Composite fell 213.94 points (1.18%) to 17,923.90.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

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6 Things to Know Before Market Opens on October 09, 2024

On October 09, 2024, Sensex and Nifty are likely to be impacted as global markets rally and investors await RBI’s policy update. U.S. tech stocks surge; crude prices rebound after sharp drop.

The Indian stock market indices, Sensex and Nifty 50, are likely to get impacted on October 09, 2024, boosted by gains in global markets and ahead of the Reserve Bank of India’s monetary policy announcement.

Investors are eagerly awaiting the RBI’s policy update today. While it’s expected that RBI Governor Shaktikanta Das and the Monetary Policy Committee (MPC) will keep the repo rate unchanged, they might adjust their policy stance.

Previous Trading Session

On October 08, 2024, the Indian stock market rebounded and posted solid gains after six straight days of heavy selling.

The Sensex surged by 584.81 points, or 0.72%, closing at 81,634.81, while the Nifty 50 rose by 217.40 points, or 0.88%, ending at 25,013.15.

FII and DIIs

On October 08, 2024, DIIs bought securities worth ₹19,494.71 crore, while FIIs sold securities worth ₹20,503.79 crore.

Put Call Ratio (PCR)

Nifty’s PCR has shifted to 0.55 in the previous session. A PCR ratio below 0.7 or heading toward 0.5 denotes a bearish trend, whereas a ratio above 0.7 or approaching 1 typically suggests a positive sentiment.

The increasing PCR, which is higher than 0.7 or surpasses 1, means traders are selling more Put options than Call options, which generally indicates the firming up of a bullish sentiment in the market. If the ratio falls below 0.7 or moves towards 0.5, then it indicates selling Call Options is higher than selling Put options, reflecting a bearish mood in the market.

Crude and Gold Prices

On October 09, 2024, crude oil prices went up after seeing their biggest drop in over a year during the previous session. Brent crude increased by 0.58% to $77.63 per barrel, while U.S. West Texas Intermediate (WTI) crude rose by 0.58% to $74.00 per barrel.

Asian Markets

On October 09, 2024, Asian markets moved higher, boosted by an overnight rally on Wall Street. Japan’s Nikkei 225 climbed 1%, and the Topix increased by 0.5%. Hong Kong’s Hang Seng index futures pointed to a positive start. Meanwhile, South Korea’s markets are closed for a public holiday.

US Markets

U.S. stock markets closed higher on Tuesday, driven by strong buying in technology stocks. The Dow Jones Industrial Average went up by 126.13 points, or 0.30%, to 42,080.37. The S&P 500 gained 55.19 points, or 0.97%, reaching 5,751.13. The Nasdaq Composite rose 259.01 points, or 1.45%, to finish at 18,182.92.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

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6 Key Factors to Watch Before the Market Opens on October 10, 2024

On Thursday, Sensex and Nifty 50 are anticipated to open higher after a global rally. FIIs sold ₹16,288.97 crore, and DIIs bought ₹14,841.81 crore on October 9, 2024.

The domestic equity market indices, Sensex and Nifty 50, are expected to open higher on Thursday following a rally in global markets.

Previous Trading Session

On October 09, 2024, the stock market indices closed in red. The Sensex declined by 0.21%, closing at 81,467.10, while the Nifty 50 fell by 0.12%, ending at 24,981.95.

FII and DIIs

On October 09, 2024, DIIs bought securities worth ₹14,841.81 crore, while FIIs sold securities worth ₹16,288.97 crore.

Put Call Ratio (PCR)

Nifty’s PCR shifted to 0.54 in the previous session. A ratio below 0.7 or approaching 0.5 indicates a bearish trend, while a ratio above 0.7 or nearing 1 typically signals a positive market sentiment. When the PCR rises above 0.7 or reaches 1, it suggests a bullish outlook as traders sell more Put options than Call options. Conversely, a fall below 0.7 or approaching 0.5 reflects increased selling of Call options, pointing to a bearish sentiment.

Crude and Gold Prices

Oil prices declined on Wednesday after U.S. data showed rising crude inventories. However, losses were limited by concerns over potential Iranian supply disruptions due to the Middle East conflict and Hurricane Milton in the United States. Brent crude futures fell by 60 cents (0.8%) to settle at $76.58 per barrel, while U.S. WTI futures dropped by 33 cents (0.5%) to settle at $73.24 per barrel.

Asian Markets

Asian markets traded higher on Thursday, buoyed by an overnight rally in Wall Street. Japan’s Nikkei 225 gained 0.5%, while the Topix rose by 0.4%. South Korea’s Kospi edged up 0.2%, but the Kosdaq dipped 0.2%. Hong Kong’s Hang Seng index futures pointed toward a positive start.

US Markets

U.S. stocks closed higher on Wednesday, with both the S&P 500 and Dow Jones reaching record highs. The Dow Jones Industrial Average surged by 431.63 points (1.03%) to 42,512.00. The S&P 500 added 40.91 points (0.71%) to close at 5,792.04, while the Nasdaq Composite gained 108.70 points (0.60%) to finish at 18,291.62.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions

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6 Things to Know Before the Market Opens on October 11, 2024

The Indian stock market could be influenced by global trends on October 11, 2024, with Asian markets rising and U.S. stocks falling due to inflation concerns.

The Indian stock market is expected to feel the impact of mixed global trends on October 11, 2024. While Asian markets showed gains, U.S. markets ended lower as inflation rose higher than expected.

Previous Trading Session

On October 10, 2024, Indian markets saw small gains, helped by positive global trends. The Sensex increased by 144.31 points (0.18%) to 81,611.41, while the Nifty 50 gained 16.50 points (0.07%) to close at 24,998.45.

FII and DII Data

On October 10, 2024, Domestic Institutional Investors (DIIs) bought securities worth ₹13,301.19 crore, while Foreign Institutional Investors (FIIs) sold ₹21,440.91 crore worth of securities.

Put-Call Ratio (PCR)

Nifty’s PCR shifted to 0.66 in the last session. A PCR below 0.7 or nearing 0.5 suggests a bearish trend, while above 0.7 or approaching 1 indicates positive market sentiment.

A rising PCR over 0.7 suggests that more traders are selling Put options than Call options, signalling a bullish outlook. Conversely, if the ratio falls below 0.7 or heads toward 0.5, it suggests more selling of Call options than Put options, reflecting a bearish mood.

Crude Oil Prices

Crude oil prices dropped after a 3% rise the previous night. Brent crude fell 0.34% to $79.13 per barrel, and U.S. West Texas Intermediate (WTI) crude futures declined 0.29% to $75.63 per barrel.

Asian Markets

Asian markets mostly moved higher after South Korea’s central bank made its first interest rate cut since March 2022. Japan’s Nikkei 225 rose 0.3%, and the Topix increased by 0.16%.

South Korea’s Kospi climbed 0.8%, and the Kosdaq gained 0.4%. Hong Kong’s Hang Seng index futures indicated a higher opening. South Korea’s central bank reduced its key interest rate by 25 basis points to 3.25%.

U.S. Markets

On October 10, 2024, U.S. stock markets closed lower after inflation data came in higher than expected. The Dow Jones Industrial Average fell 57.88 points (0.14%) to 42,454.12, the S&P 500 dropped 11.99 points (0.21%) to 5,780.05, and the Nasdaq Composite lost 9.57 points (0.05%) to finish at 18,282.05.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

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6 Things to Note Before Market Opens on October 14, 2024

Summary: Indian stock markets are expected to open higher on Monday, tracking global gains. Nifty and Sensex fell in the previous session, while crude prices also declined.

Indian stock market indices, Sensex and Nifty 50, are anticipated to open higher on Monday tracking gains in global markets.

Previous Trading Session

On Friday, the domestic equity market indices closed lower, where the Nifty 50 fell below the 25,000 mark. The Nifty 50 slipped 34.20 points, or 0.14%, to settle at 24,964.25 and Sensex dropped by 230.05 points to close at 81,381.36

FII and DIIs

On October 11, 2024, DIIs bought securities worth ₹11,906.51 crore, while FIIs sold securities worth ₹10,382.42 crore.

Put Call Ratio (PCR)

Nifty’s PCR has shifted to 0.59 in the previous session. A PCR ratio below 0.7 or heading toward 0.5 denotes a bearish trend, whereas a ratio above 0.7 or approaching 1 typically suggests a positive sentiment.

The increasing PCR, which is higher than 0.7 or surpasses 1, means traders are selling more Put options than Call options, which generally indicates the firming up of a bullish sentiment in the market. If the ratio falls below 0.7 or moves towards 0.5, then it indicates selling Call Options is higher than selling Put options, reflecting a bearish mood in the market.

Crude Price

Crude oil prices dropped following disappointing inflation data from China. Brent crude futures declined by 1.44%, settling at $77.90 per barrel, while U.S. WTI crude futures fell by 1.43% to $74.48 per barrel.

Asian Markets

In Asian markets, stocks traded higher on Monday ahead of key economic data releases. Japan’s markets were closed for a holiday, but South Korea’s Kospi gained 0.63%, while the Kosdaq index edged 0.43% lower. Futures for Hong Kong’s Hang Seng index indicated a positive opening.

US Markets

In the U.S. markets, stocks closed higher on Friday, with the S&P 500 and Dow Jones achieving record closing levels. The Dow Jones Industrial Average surged by 409.74 points, or 0.97%, to close at 42,863.86, while the S&P 500 rose 34.98 points, or 0.61%, to reach 5,815.03. The Nasdaq Composite rose by 60.89 points, or 0.33%, to close at 18,342.94.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

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6 Things to Know Before Market Opens on October 15, 2024

Indian stock markets are expected to open flat on Tuesday. Sensex and Nifty ended in green in the previous session, while crude prices dropped.

On Tuesday, the Indian stock market indices, Sensex and Nifty 50, are anticipated to open on a flat note amid largely positive global cues.

Previous Trading Session

On Monday, the Sensex rose by 591.69 points (0.73%) to close at 81,973.05, while the Nifty 50 gained 163.70 points (0.66%) to close at 25,127.95.

FII and DIIs

On October 14, 2024, DIIs bought securities worth ₹11,597.52 crore, while FIIs sold securities worth ₹13,095.75 crore.

Put Call Ratio (PCR)

Nifty’s PCR has shifted to 0.70 in the previous session. A PCR ratio below 0.7 or heading toward 0.5 denotes a bearish trend, whereas a ratio above 0.7 or approaching 1 typically suggests a positive sentiment.

The increasing PCR, which is higher than 0.7 or surpasses 1, means traders are selling more Put options than Call options, which generally indicates the firming up of a bullish sentiment in the market. If the ratio falls below 0.7 or moves towards 0.5, then it indicates selling Call Options is higher than selling Put options, reflecting a bearish mood in the market.

Crude Price

Crude oil prices continued to drop after reports suggested Israel might refrain from targeting Iran’s oil infrastructure. Brent crude declined by 2.94% to $75.18 per barrel, while U.S. WTI crude futures dropped by 3.07% to $71.56.

Asian Markets

On Tuesday, most Asian markets traded higher, following an overnight rally on Wall Street. Japan’s Nikkei 225 increased 1%, with the Topix up 0.8%. However, South Korea’s Kospi and Kosdaq dropped slightly, by 0.11%. Hong Kong’s Hang Seng index futures pointed to a positive start.

US Markets

On Monday, U.S. stock markets closed higher, with both the S&P 500 and Dow Jones reaching new record levels. The Dow Jones Industrial Average rose by 201.36 points (0.47%) to 43,065.22, while the S&P 500 increased 44.82 points (0.77%) to 5,859.85. The Nasdaq Composite also advanced by 159.75 points (0.87%) to finish at 18,502.69.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

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6 Things to Know Before Market Opens on October 16, 2024

On October 16, Indian markets are expected to be impacted as global markets slide. On Tuesday, Sensex and Nifty closed in red.

On Wednesday, Indian stock market indices, Sensex and Nifty 50, are expected to be impacted following global market weakness.

Previous Trading Session

On Tuesday, the Sensex dropped by 152.93 points (0.19%) to close at 81,820.12, while the Nifty 50 declined by 70.60 points (0.28%) to settle at 25,057.35.

FII and DIIs

On October 15, 2024, DIIs bought securities worth ₹13,229.43 crore, while FIIs sold securities worth ₹17,846.60 crore.

Put Call Ratio (PCR)

Nifty’s PCR has shifted to 0.56 in the previous session. A PCR ratio below 0.7 or heading toward 0.5 denotes a bearish trend, whereas a ratio above 0.7 or approaching 1 typically suggests a positive sentiment.

The increasing PCR, which is higher than 0.7 or surpasses 1, means traders are selling more Put options than Call options, which generally indicates the firming up of a bullish sentiment in the market. If the ratio falls below 0.7 or moves towards 0.5, then it indicates selling Call Options is higher than selling Put options, reflecting a bearish mood in the market.

Crude Price

After a 4% decline on Tuesday, crude oil prices traded higher. Brent crude grew 0.35% to $74.51 per barrel, and US WTI futures rose by 0.41% to $70.87 per barrel.

Asian Markets

On Wednesday, Asian markets traded lower following Wall Street’s overnight losses. Japan’s Nikkei 225 dropped by 1.85%, while the Topix fell 1.13%. South Korea’s Kospi lost 1.22%, and the Kosdaq declined 0.93%. Hong Kong’s Hang Seng futures indicated a weak opening.

US Markets

US markets ended Tuesday in the red, with the Nasdaq down 1% as chip stocks plunged. The Dow Jones Industrial Average declined by 324.80 points (0.75%) to 42,740.42, while the S&P 500 dropped 44.59 points (0.76%) to 5,815.26. The Nasdaq Composite was down 187.10 points (1.01%) to close at 18,315.59.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.