Asian Paints

2809.4 -36.40

Cipla

1467.9 -62.90

Eicher Motors

7582.5 60.00

Nestle India

1314.8 -5.10

Grasim Inds

2837.1 -28.20

Hindalco Inds.

938.45 -3.80

Hind. Unilever

2399.4 -25.30

ITC

341.25 -1.20

Trent

4060.5 12.90

Larsen & Toubro

4157 16.40

M & M

3748.8 -36.80

Reliance Industr

1504.2 -3.40

Tata Consumer

1212.6 2.20

Tata Motors PVeh

363.35 -5.55

Tata Steel

183.8 -2.40

Wipro

270.8 5.20

Apollo Hospitals

7447.5 99.50

Dr Reddy's Labs

1242.8 -13.40

Titan Company

4273.2 161.40

SBI

1007.15 -11.75

Shriram Finance

995.85 -6.80

Bharat Electron

415.65 2.55

Kotak Mah. Bank

2144 -2.40

Infosys

1639 26.80

Bajaj Finance

968.8 -8.55

Adani Enterp.

2274.1 15.00

Sun Pharma.Inds.

1782.6 22.40

JSW Steel

1189.8 13.50

HDFC Bank

949.05 -13.15

TCS

3295.6 39.80

ICICI Bank

1427.7 16.50

Power Grid Corpn

264.1 -4.45

Maruti Suzuki

16809 -483.00

Axis Bank

1295.5 1.70

HCL Technologies

1647.7 31.40

O N G C

239.06 -2.83

NTPC

348.85 -1.95

Coal India

431.65 4.60

Bharti Airtel

2084.2 -21.10

Tech Mahindra

1625.2 23.40

Jio Financial

303.5 4.95

Adani Ports

1465.3 -7.90

HDFC Life Insur.

772.35 -5.50

SBI Life Insuran

2070.8 -25.00

Max Healthcare

1034.7 -16.90

UltraTech Cem.

12184 -20.00

Bajaj Auto

9789.5 128.50

Bajaj Finserv

2031.9 -12.70

Interglobe Aviat

4951 -51.50

Eternal

280.95 1.90

Pre-Session - Detailed News Back
Market may rise at opening bell
14-May-24   08:18 Hrs IST

GIFT Nifty:

Trading of Nifty 50 index futures on the GIFT Nifty indicates that the Nifty could rise 46.50 points at the opening bell.

Consumer prices in India, as measured by the Consumer Price Index (CPI), dipped to a low of 4.83% in April 2024. This is the lowest inflation rate seen in 11 months. It follows a trend of declining inflation, which was 5.10% in January, 5.09% in February and 4.85% in March of 2024.

Global markets:

Asian markets showed no clear direction as investors analyzed inflation data from India and Japan. Japan's wholesale inflation (corporate goods price index) rose slightly by 0.9% year-on-year in April.

US markets ended with mixed results. The Dow Jones snapped its winning streak with a 0.21% dip, while the S&P 500 barely budged. The Nasdaq managed a small gain of 0.29%. Apple and Alphabet (Google's parent company) rose despite early weakness.

Meme stocks like GameStop, AMC, and Koss soared due to speculation surrounding a potential return to social media by Keith Gill, the Roaring Kitty figure who ignited the meme-stock frenzy of 2021.

Domestic Markets:

Indian stock markets recovered from a morning dip on Monday, with pharmaceutical and healthcare stocks leading the gains. The Nifty index closed above 22,100 after falling to a low of 21,821. Experts believe the sell-off by foreign investors is due to a global shift towards cheaper Chinese markets, rather than concerns about India's upcoming elections. Analysts are positive on India's long-term economic outlook. The barometer index, the S&P BSE Sensex gained 111.66 points or 0.15% to 72,776.13. The Nifty 50 index added 48.85 points or 0.22% to 22,104.05.

Foreign portfolio investors (FPIs) sold shares worth Rs 4,498.92 crore, while domestic institutional investors (DIIs), were net buyers to the tune of Rs 3,562.75 crore in the Indian equity market on 13 May 2024, provisional data showed.

FPIs have sold shares worth over Rs 29474.42 crore in May so far. They offloaded shares worth 35692 crore in April 2024.

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DJIA 49481.66
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S&P 500 6965.42
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