Asian Paints
2756.9 -57.00
Cipla
1397.5 -37.00
Eicher Motors
7315 -43.00
Nestle India
1315.9 8.80
Grasim Inds
2809.6 13.80
Hindalco Inds.
934.65 -20.70
Hind. Unilever
2360.4 6.90
ITC
329.2 -5.55
Trent
3899.7 -32.50
Larsen & Toubro
3856.4 -9.40
M & M
3658.2 8.70
Reliance Industr
1457.9 -0.90
Tata Consumer
1189.1 17.70
Tata Motors PVeh
353.6 3.80
Tata Steel
188.21 -1.04
Wipro
267.45 7.25
Apollo Hospitals
7235.5 -37.00
Dr Reddy's Labs
1175.5 -11.00
Titan Company
4196.9 -24.60
SBI
1042.3 13.95
Shriram Finance
995.45 14.35
Bharat Electron
410.25 -7.35
Kotak Mah. Bank
418.2 -2.80
Infosys
1689.8 90.00
Bajaj Finance
950.25 4.30
Adani Enterp.
2157.3 4.00
Sun Pharma.Inds.
1668.9 -31.80
JSW Steel
1187.3 5.50
HDFC Bank
931.1 5.65
TCS
3206.7 14.20
ICICI Bank
1410.8 -7.60
Power Grid Corpn
257.3 -1.05
Maruti Suzuki
15859 -293.00
Axis Bank
1294.2 -4.60
HCL Technologies
1698 29.50
O N G C
247.17 -1.06
NTPC
346.35 -2.75
Coal India
431 -1.20
Bharti Airtel
2016.4 -6.10
Tech Mahindra
1670.5 82.00
Jio Financial
278.8 -8.20
Adani Ports
1421.9 -8.10
HDFC Life Insur.
732.55 -10.65
SBI Life Insuran
2081 12.20
Max Healthcare
1037 3.40
UltraTech Cem.
12378 123.00
Bajaj Auto
9489 -90.50
Bajaj Finserv
2002.5 1.60
Interglobe Aviat
4740 7.00
Eternal
287.7 -11.55
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