Adani Enterp.

2599.1 -12.10

Adani Ports

1424.4 -6.70

Apollo Hospitals

7553.5 -11.50

Asian Paints

2424.2 -6.70

Axis Bank

1177.6 6.50

Bajaj Auto

8433 50.50

Bajaj Finance

925.3 15.15

Bajaj Finserv

1994.4 13.70

Bharat Electron

427.55 1.30

Bharti Airtel

2017.2 -2.10

Cipla

1513.3 4.60

Coal India

386.1 -0.35

Dr Reddy's Labs

1307.4 16.10

Eicher Motors

5629 -87.00

Eternal Ltd

261.4 0.55

Grasim Inds

2805.9 -11.70

HCL Technologies

1725.9 14.00

HDFC Bank

1989.3 2.20

HDFC Life Insur.

785.1 -0.75

Hero Motocorp

4345 34.40

Hind. Unilever

2339.3 25.90

Hindalco Inds.

699.45 6.60

ICICI Bank

1442.8 16.90

IndusInd Bank

856.25 -6.15

Infosys

1640.7 22.00

ITC

412.55 -0.80

JSW Steel

1041.4 -4.70

Kotak Mah. Bank

2129.8 3.20

Larsen & Toubro

3594.6 11.70

M & M

3162.5 -11.90

Maruti Suzuki

12646 -106.00

Nestle India

2392.8 4.40

NTPC

335.5 0.90

O N G C

245.24 1.19

Power Grid Corpn

294 0.30

Reliance Industr

1527.3 9.50

SBI Life Insuran

1799.7 -10.50

Shriram Finance

676.15 0.75

St Bk of India

811.85 4.75

Sun Pharma.Inds.

1676.3 -3.40

Tata Consumer

1089.7 0.30

Tata Motors

689.05 -1.35

Tata Steel

163.01 -2.90

TCS

3419.8 19.00

Tech Mahindra

1655.2 -16.70

Titan Company

3686.9 8.20

Trent

5456 -735.00

UltraTech Cem.

12506 108.00

Wipro

270.05 3.00

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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