Asian Paints
2481.7 3.00
Cipla
1575.8 -2.40
Eicher Motors
6973.5 49.00
Nestle India
1194.5 -14.60
Grasim Inds
2877.9 -0.90
Hero Motocorp
5408 38.00
Hindalco Inds.
743.3 -6.85
Hind. Unilever
2559.6 -27.20
ITC
410.65 -0.90
Trent
5080 -64.00
Larsen & Toubro
3675.4 -10.60
M & M
3592.1 -50.10
Reliance Industr
1407.4 -7.60
Tata Consumer
1126.8 -2.50
Tata Motors
707.45 -3.75
Tata Steel
171.48 -0.55
Wipro
255.88 -1.05
Apollo Hospitals
7806.5 -44.00
Dr Reddy's Labs
1321.7 -1.00
Titan Company
3467.2 -44.10
SBI
862.35 8.00
Shriram Finance
633.2 6.30
Bharat Electron
408.9 -1.00
Kotak Mah. Bank
2031 -23.60
Infosys
1540.2 -0.40
Bajaj Finance
992.45 -4.05
Adani Enterp.
2524 122.00
Sun Pharma.Inds.
1656 7.40
JSW Steel
1122.8 1.70
HDFC Bank
966.9 -10.00
TCS
3169.2 -7.50
ICICI Bank
1402.2 -19.50
Power Grid Corpn
286.2 -2.90
Maruti Suzuki
15864 47.00
IndusInd Bank
744.4 8.95
Axis Bank
1135.9 2.90
HCL Technologies
1467.4 -26.40
O N G C
236.69 1.10
NTPC
338.65 1.70
Coal India
394.5 1.35
Bharti Airtel
1962.4 21.30
Tech Mahindra
1553.8 3.10
Adani Ports
1427.8 15.00
HDFC Life Insur.
782.2 -2.40
SBI Life Insuran
1841.7 19.90
UltraTech Cem.
12508 -118.00
Bajaj Auto
8971.5 -103.50
Bajaj Finserv
2067.3 -1.90
Eternal Ltd
336.55 -1.30
GIFT Nifty:
The GIFT Nifty September futures contract is down 70 points, suggesting a negative start for the Nifty 50.
Foreign portfolio investors (FPIs) bought shares worth Rs 1,029.25 crore, while domestic institutional investors (DIIs), were net buyers to the tune of Rs 1,896.21 crore in the Indian equity market on 3 September 2024, provisional data showed.
FPIs have bought shares worth over Rs 2764.71 crore in September 2024 (so far). They sold shares worth 21368.51 crore in August 2024.
Global Markets:
The Dow Jones index futures were down 76 points, indicating a negative opening in the US stocks today.
Asian shares were trading lower on Wednesday as oil prices plummeted to multi-month lows. A sharp tech selloff on Wall Street, coupled with resurgent concerns about U.S. growth, drove investors away from riskier assets.
Recent data from China revealed that its economy is still struggling to gain traction, leading to renewed calls for more stimulus from Beijing. The sluggish Chinese outlook, the world's largest oil importer, further exacerbated the decline in oil prices due to expectations of weakening demand.
September has historically been a challenging month for stocks, but analysts attributed the current rout to a confluence of factors, including tepid U.S. manufacturing data.
U.S. stocks closed sharply lower overnight after the holiday, with AI leader NVIDIA tumbling nearly 10% as investors tempered their enthusiasm about artificial intelligence. The return from the Labor Day holiday saw a widespread air of portfolio de-risking across capital markets. Growth concerns were the dominant theme, leading to a sell-off in cyclical-sensitive assets and aggressive hedging.
The Dow Jones Industrial Average fell 1.51%, the S&P 500 slid 2.12% and the Nasdaq Composite dropped 3.26%. All three indexes notched their worst days since the global sell-off on Aug. 5.
US manufacturing contracted at a moderate pace in August. The Institute for Supply Management (ISM) said its manufacturing PMI rose to 47.2 last month from 46.8 in July, which was the lowest reading since November. The PMI remained below the 50 threshold for the fifth straight month.
Domestic Market:
Domestic stock market took a breather Tuesday, ending almost flat. Mixed global cues, coupled with a slight slowdown in India's manufacturing activity, tempered investor enthusiasm. However, positive outlooks on monsoon and government capex supported consumption and rural-based stocks. The BSE Sensex snapped its 11-day winning streak, while the Nifty 50 extended its rally for the 14th consecutive session. Consumer durables, financial services and banks shares shares advanced, while media, metal and realty shares declined.
The barometer index, the S&P BSE Sensex, shed 4.40 points or 0.01% to 82,555.44. The Nifty 50 index added 1.15 points to 25,279.85. The 50-unit index has risen 4.73% in 14 consecutive sessions.
Powered by Capital Market - Live News