Asian Paints

2759.7 -26.00

Cipla

1498.9 2.00

Eicher Motors

7106.5 -28.00

Nestle India

1233.5 -1.10

Grasim Inds

2807.6 1.00

Hindalco Inds.

856.7 7.90

Hind. Unilever

2265.5 -10.10

ITC

400.4 0.60

Trent

4030 -15.20

Larsen & Toubro

4031.1 -31.30

M & M

3586.6 -26.20

Reliance Industr

1544.4 0.00

Tata Consumer

1171.5 -8.30

Tata Motors PVeh

345.8 -0.55

Tata Steel

168.12 -2.22

Wipro

263.85 2.71

Apollo Hospitals

6918.5 -3.00

Dr Reddy's Labs

1280 8.00

Titan Company

3919.3 11.40

SBI

977.55 1.70

Shriram Finance

869.45 5.25

Bharat Electron

383.45 -2.15

Kotak Mah. Bank

2164.6 -8.60

Infosys

1626.8 24.80

Bajaj Finance

1000.3 0.70

Adani Enterp.

2229.3 -3.20

Sun Pharma.Inds.

1745.9 -47.00

JSW Steel

1082.2 2.90

HDFC Bank

979.7 -4.30

TCS

3280.8 63.00

ICICI Bank

1356.8 4.40

Power Grid Corpn

257.95 -3.15

Maruti Suzuki

16329 -69.00

Axis Bank

1229.8 5.10

HCL Technologies

1661.4 6.40

O N G C

232 -0.91

NTPC

318.5 -2.75

Coal India

385.3 0.55

Bharti Airtel

2092 -16.00

Tech Mahindra

1605.6 26.20

Jio Financial

292.3 -0.85

Adani Ports

1495.7 9.40

HDFC Life Insur.

757 3.50

SBI Life Insuran

2014.4 4.20

Max Healthcare

1048.5 17.40

UltraTech Cem.

11461 -79.00

Bajaj Auto

8831 -64.00

Bajaj Finserv

2026.3 5.10

Interglobe Aviat

5115.5 135.00

Eternal

284.75 0.30

Pre-Session - Detailed News Back
Shares may rebound as selloff takes breather
05-Sep-24   08:35 Hrs IST

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


DJIA 47912.86
-222.41 -0.46%
S&P 500 6743.36
-77.90 -1.14%
HANG SENG 25498.14
29.35 0.12%
NIKKEI 225 49082.83
-429.45 -0.87%
FTSE 100 9823.75
49.43 0.51%
NIFTY 25815.55
-3.00 -0.01%
×
Ask Your Question
close
refresh