Asian Paints

2399 -33.10

Cipla

1327.9 -5.40

Eicher Motors

7167 -42.50

Nestle India

1301.3 -2.20

Grasim Inds

2836 -27.90

Hindalco Inds.

940.6 5.15

Hind. Unilever

2412 57.60

ITC

323.75 13.55

Trent

4106.1 -25.20

Larsen & Toubro

4065.9 2.60

M & M

3569.9 -2.10

Reliance Industr

1446.3 2.90

Tata Consumer

1152 -3.90

Tata Motors PVeh

368.85 -5.30

Tata Steel

197.1 -0.66

Wipro

230.67 -2.72

Apollo Hospitals

7157 35.00

Dr Reddy's Labs

1237.7 -7.20

Titan Company

4129.3 31.70

SBI

1062.5 -11.00

Shriram Finance

996 4.00

Bharat Electron

429.2 -3.70

Kotak Mah. Bank

421.35 12.60

Infosys

1506 -14.20

Bajaj Finance

978.85 14.10

Adani Enterp.

2219 -17.60

Sun Pharma.Inds.

1694.9 -7.70

JSW Steel

1233 -6.80

HDFC Bank

941.85 -7.85

TCS

2932.4 -59.10

ICICI Bank

1405.4 8.90

Power Grid Corpn

292.3 2.95

Maruti Suzuki

14988 -71.00

Axis Bank

1340.3 9.70

HCL Technologies

1593.2 -16.80

O N G C

268.15 -1.05

NTPC

363.6 -3.40

Coal India

430.5 -1.35

Bharti Airtel

2038.6 46.20

Tech Mahindra

1617.7 -28.50

Jio Financial

267.6 -2.35

Adani Ports

1546.5 -23.70

HDFC Life Insur.

701.2 -19.50

SBI Life Insuran

1993.6 -24.20

Max Healthcare

1036.35 -4.45

UltraTech Cem.

12711 -62.00

Bajaj Auto

9500 -147.00

Bajaj Finserv

2020.8 20.70

Interglobe Aviat

4890.9 -41.30

Eternal

283.3 -3.55

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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