Asian Paints
2492.8 -9.80
Cipla
1554 5.70
Eicher Motors
6857.5 56.50
Nestle India
1207.9 -4.60
Grasim Inds
2816.4 14.00
Hero Motocorp
5331 42.50
Hindalco Inds.
753.9 0.25
Hind. Unilever
2581.9 0.90
ITC
413.95 1.30
Trent
5141.5 8.50
Larsen & Toubro
3620.5 34.30
M & M
3571 40.70
Reliance Industr
1403.8 4.50
Tata Consumer
1101.4 -1.20
Tata Motors
718.75 5.85
Tata Steel
170.03 0.80
Wipro
251.7 0.42
Apollo Hospitals
7832 15.50
Dr Reddy's Labs
1305.4 4.60
Titan Company
3524.2 -9.90
SBI
826.2 1.45
Shriram Finance
624.35 0.70
Bharat Electron
400.5 2.05
Kotak Mah. Bank
1995.7 24.90
Infosys
1510.2 1.80
Bajaj Finance
1009.85 0.00
Adani Enterp.
2400.7 17.30
Sun Pharma.Inds.
1605 3.00
JSW Steel
1111.1 10.20
HDFC Bank
968.05 1.00
TCS
3126.8 14.90
ICICI Bank
1422.9 3.50
Power Grid Corpn
289.45 3.20
Maruti Suzuki
15365 100.00
IndusInd Bank
742.5 2.60
Axis Bank
1119.9 15.50
HCL Technologies
1471.8 5.30
O N G C
234.13 1.87
NTPC
335.25 4.15
Coal India
396.55 1.80
Bharti Airtel
1912.4 7.90
Tech Mahindra
1526 6.20
Adani Ports
1411 15.80
HDFC Life Insur.
777.3 0.10
SBI Life Insuran
1821.8 -0.40
UltraTech Cem.
12523 88.00
Bajaj Auto
9069.5 44.50
Bajaj Finserv
2099 19.00
Eternal Ltd
323.45 0.15
GIFT Nifty:
The GIFT Nifty September futures contract is up 10 points, suggesting a positive start for the Nifty 50.
Foreign portfolio investors (FPIs) bought shares worth Rs 975.46 crore, while domestic institutional investors (DIIs), were net buyers to the tune of Rs 97.35 crore in the Indian equity market on 4 September 2024, provisional data showed.
FPIs have bought shares worth over Rs 3740.17 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 12 points, indicating a negative opening in the US stocks today.
Asian markets rebounded from Wednesday's decline as global bond yields retreated. A weaker-than-expected US job market report fueled speculation that the Federal Reserve might implement a more aggressive rate cut in September. While Japan's equity benchmark continued to falter, the yen strengthened and the dollar weakened, suggesting expectations for significant rate cuts.
The US job openings data for July, at 7.67 million, fell below estimates. This marked the lowest level since early 2021, indicating a potential challenge in achieving a soft landing for the world's largest economy. Market participants will closely monitor the upcoming August economic report on Friday, which could further influence the magnitude of rate cuts.
China's economic difficulties intensified as JPMorgan strategists downgraded the country's stock outlook. Citing a challenging economic landscape and heightened volatility surrounding the US election, they lowered their rating from overweight to neutral. In an attempt to stimulate the property market and broader economy, China is considering interest rate cuts on a significant portion of its mortgage debt.
A notable development saw India surpass China as the largest weighting in the MSCI EM investable market index (IMI).
US stock markets experienced a mixed start to September. The S&P 500 and Nasdaq Composite declined for a second consecutive day Wednesday, while the Dow Jones Industrial Average gained slightly. A temporary return to a normal yield curve provided some support to US stocks, easing recession concerns that had previously plagued investors.
Domestic Market:
The domestic equity benchmarks ended with minor losses on Wednesday. The Nifty snapped its 14-day winning streak and settled a tad below the 25,200 level. Global market jitters over a potential US economic slowdown and anticipation of key economic data weighed on sentiment. Despite early losses, selective buying in large-cap stocks helped limit the decline. Healthcare and pharma sectors outperformed, while IT and PSU banks faced selling pressure.
The S&P BSE Sensex slipped 202.80 points or 0.25% to 82,352.64. The Nifty 50 index declined 81.15 points or 0.32% to 25,198.70. The 50-unit index had risen 4.73% in the past 14 consecutive sessions.
Powered by Capital Market - Live News