Asian Paints

2427.5 26.70

Cipla

1341.7 12.80

Eicher Motors

7938.5 41.50

Nestle India

1295.2 16.70

Grasim Inds

2838.3 -26.00

Hindalco Inds.

934.95 29.30

Hind. Unilever

2313.3 34.00

ITC

327.2 1.20

Trent

4097.9 30.00

Larsen & Toubro

4379.6 99.10

M & M

3412.5 -19.30

Reliance Industries

1418.8 9.30

Tata Consumer

1155.9 -4.60

Tata Motors PVeh

378.1 2.40

Tata Steel

208.41 3.00

Wipro

209.73 -1.48

Apollo Hospitals

7621.5 29.00

Dr Reddy's Labs

1286 3.70

Titan Company

4236 37.80

SBI

1216.2 10.50

Shriram Finance

1061 6.30

Bharat Electron

441.2 5.85

Kotak Mah. Bank

421.5 5.10

Infosys

1353 -17.50

Bajaj Finance

1032.05 15.00

Adani Enterp.

2156.3 -0.40

Sun Pharma.Inds.

1724.1 10.70

JSW Steel

1241.2 12.80

HDFC Bank

911.45 -4.15

TCS

2686.3 8.40

ICICI Bank

1394.8 6.00

Power Grid Corpn

299 4.35

Maruti Suzuki

14967 64.00

Axis Bank

1369.2 12.60

HCL Technologies

1436.9 -13.50

O N G C

278.75 4.10

NTPC

372.6 9.40

Coal India

423.15 7.00

Bharti Airtel

1976.8 -11.80

Tech Mahindra

1457.5 -21.80

Jio Financial

258.75 0.15

Adani Ports

1512.1 -1.20

HDFC Life Insur.

727.9 -5.25

SBI Life Insuran

2080.1 37.10

Max Healthcare

1087.25 5.80

UltraTech Cem.

12754 66.00

Bajaj Auto

9810 81.00

Bajaj Finserv

2060.7 27.50

Interglobe Aviat

4855 39.90

Eternal

269.95 -1.80

Kwality Wall's

27.7 -0.89

Pre-Session - Detailed News Back
Shares may slide at opening bell
08-Jul-24   08:27 Hrs IST

GIFT Nifty:

Early indications from GIFT Nifty futures point towards a 18.50 points decline for the Nifty 50 index.

Foreign portfolio investors (FPIs) bought shares worth Rs 1,241.33 crore, while domestic institutional investors (DIIs), were net sellers to the tune of Rs 1,651.36 crore in the Indian equity market on 5 July 2024, provisional data showed.

FPIs have bought shares worth over Rs 6874.66 crore in July 2024 (so far). They bought shares worth 2037.47 crore in June 2024.

Global Markets:

US stock index futures drifted lower in Asian trade. The Dow Jones index futures were down 60 points, indicating a weak opening in the US stocks today.

Asian stocks tumbled on Monday, with China leading the decline. Investor concerns swirled around a potential trade war with the West, fueled by the EU's tariffs on Chinese electric vehicles mirroring similar US actions. This escalation heightened fears of a wider conflict and retaliation from China. Additionally, disappointing economic data from Japan and Australia dampened overall sentiment.

In stark contrast, US stocks soared on Friday, reaching record highs. Investors interpreted a weaker-than-expected jobs report as a sign of potential future interest rate cuts from the Federal Reserve. The S&P 500 and Nasdaq both closed at all-time highs, while the Dow Jones also gained slightly.

The US economy added 206,000 new nonfarm jobs in June, exceeding economist expectations. However, the unemployment rate rose slightly to 4.1%, which was unexpected. All eyes are now on Fed Chair Jerome Powell's comments and key inflation data this week for further clues on the direction of US monetary policy.

Domestic Market:

The headline equity indices ended almost flat on Friday. Nervous investors cashed in profits at higher levels, with valuations remaining a concern. The Nifty held its ground around 24,300 after an early dip. Oil & gas, pharma, and PSU banks provided some pockets of strength. All eyes now shift to the US jobs data later today, which could influence the Fed's rate cut decision and potentially impact our markets. In the barometer index, the S&P BSE Sensex was down 53.07 points or 0.07% to 79,996.60. The Nifty 50 index added 21.70 points or 0.09% to 24,323.85.

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