Adani Enterp.

2527.55down-arrow23.45

Adani Ports

1259.95down-arrow15.95

Apollo Hospitals

7259.45down-arrow32.35

Asian Paints

2407.65down-arrow18.10

Axis Bank

1148.15down-arrow2.50

B P C L

301.7down-arrow-0.45

Bajaj Auto

9021.4down-arrow58.15

Bajaj Finance

7182.8down-arrow57.00

Bajaj Finserv

1679.7down-arrow0.40

Bharat Electron

315.65down-arrow2.70

Bharti Airtel

1681.75down-arrow71.20

Britannia Inds.

4850.1down-arrow21.75

Cipla

1447.3down-arrow1.90

Coal India

410.3down-arrow1.20

Dr Reddy's Labs

1246.35down-arrow0.95

Eicher Motors

4825.9down-arrow18.25

Grasim Inds

2692.7down-arrow32.65

HCL Technologies

1968.8down-arrow32.60

HDFC Bank

1871.75down-arrow12.50

HDFC Life Insur.

632.55down-arrow6.00

Hero Motocorp

4575.45down-arrow18.70

Hind. Unilever

2390.1down-arrow45.15

Hindalco Inds.

662.1down-arrow-6.60

ICICI Bank

1344.9down-arrow15.65

IndusInd Bank

986.65down-arrow-11.30

Infosys

1999.7down-arrow12.70

ITC

470down-arrow9.40

JSW Steel

999.85down-arrow-5.95

Kotak Mah. Bank

1805.65down-arrow36.95

Larsen & Toubro

3887down-arrow27.10

M & M

3081.4down-arrow13.95

Maruti Suzuki

11272.55down-arrow105.15

Nestle India

2253.5down-arrow29.45

NTPC

357.15down-arrow1.55

O N G C

254.25down-arrow0.20

Power Grid Corpn

333.85down-arrow4.65

Reliance Industr

1272.85down-arrow9.95

SBI Life Insuran

1428.8down-arrow-3.70

Shriram Finance

3162.55down-arrow-85.55

St Bk of India

861.55down-arrow7.85

Sun Pharma.Inds.

1813.45down-arrow8.00

Tata Consumer

929.7down-arrow8.45

Tata Motors

790.3down-arrow3.95

Tata Steel

148.95down-arrow-1.83

TCS

4473.9down-arrow18.95

Tech Mahindra

1796.4down-arrow6.80

Titan Company

3508.85down-arrow63.10

Trent

7000.25down-arrow-12.25

UltraTech Cem.

12083.9down-arrow226.95

Wipro

309.95down-arrow0.85

Pre-Session - Detailed News Back
Cautiously optimistic: shares eye potential rise at open
10-May-24   08:28 Hrs IST

GIFT Nifty:

Trading of Nifty 50 index futures on the GIFT Nifty indicates that the Nifty could rise 4.50 points at the opening bell.

Global markets:

Shares in Asia rose Friday after an upbeat day on Wall Street following jobs data that supported the case for US rate cuts. Hong Kong shares surged after news of a potential tax break for individual investors.

In the US, the Dow on Thursday extended its winning streak to seven days as all major indexes rose on jobless claims data hinting at a possible shift in Federal Reserve policy.

While US initial unemployment claims for the week ending May 4th increased to 231,000, exceeding expectations, the jump was interpreted by markets as a sign of a cooling labor market, potentially prompting the Fed to lower interest rates. This follows a previous report indicating slower US job growth and wage increases.

Next week's release of the April producer and consumer price indexes (PPI and CPI) will be closely watched for signs of continued inflation decline towards the Fed's 2% target, further influencing expectations for interest rate adjustments.

Meanwhile, crude oil prices climb for a third day, topping $84/barrel.

Domestic Markets:

The domestic stock market plunged today, with the Nifty 50 crashing below the crucial 22,000 level. A perfect storm of anxieties - election uncertainty, relentless selling by foreign investors, lackluster corporate earnings, and spiking oil prices - clobbered investor sentiment. While the Nifty Auto index defied the carnage, roaring to a record high, most other sectoral indices drowned in the sea of red. Oil & gas, metals, and FMCG stocks bore the brunt of the selling. The expiry of weekly index options injected a shot of volatility into the market. The benchmark Sensex tanked a hefty 1,062 points (1.45%) to settle at 72,404. The broader Nifty 50 followed suit, plummeting 345 points (1.55%) to close at 21,957.

Foreign portfolio investors (FPIs) sold shares worth Rs 6,994.86 crore, while domestic institutional investors (DIIs), were net buyers to the tune of Rs 5,642.53 crore in the Indian equity market on 9 May 2024, provisional data showed.

FPIs have sold shares worth over Rs 22858 crore in May so far. They offloaded shares worth 35692 crore in April 2024.

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NASDAQ 19902.84
-132.06 -0.66%
DJIA 43914.12
-234.44 -0.53%
S&P 500 6051.25
-32.94 -0.54%
HANG SENG 19971.24
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NIKKEI 225 39470.44
-378.70 -0.95%
STRAITS TIMES 3810.35
1.08 0.03%
FTSE 100 8300.33
-11.43 -0.14%
KLSE COMPOSITE 1608.75
6.67 0.42%
JAKARTA COMPOSITE 7324.79
69.45 -0.94%
NIFTY 24768.30
219.60 0.89%
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