Asian Paints

2195.4 9.40

Cipla

1256.4 17.20

Eicher Motors

6909 116.00

Nestle India

1193.6 7.30

Grasim Inds

2616.3 8.40

Hindalco Inds.

874.25 -22.80

Hind. Unilever

2082.7 5.40

ITC

299.95 1.95

Trent

3559.6 77.70

Larsen & Toubro

3434.8 0.30

M & M

3066.1 20.70

Reliance Industries

1414.4 29.60

Tata Consumer

1050.2 5.60

Tata Motors PVeh

314.1 4.80

Tata Steel

196.77 6.26

Wipro

190.9 2.49

Apollo Hospitals

7364.5 112.50

Dr Reddy's Labs

1298.9 24.40

Titan Company

4106.6 68.70

SBI

1058 9.10

Shriram Finance

938.6 -11.20

Bharat Electron

426.1 -4.70

Kotak Mah. Bank

366.75 -1.40

Infosys

1255.9 35.10

Bajaj Finance

830.55 -1.65

Adani Enterp.

1927.1 -9.70

Sun Pharma.Inds.

1777.1 32.70

JSW Steel

1169.6 38.70

HDFC Bank

780.45 -17.75

TCS

2390.6 34.60

ICICI Bank

1245.4 -4.70

Power Grid Corpn

297.6 0.90

Maruti Suzuki

12601 2.00

Axis Bank

1203.9 -3.10

HCL Technologies

1333.7 21.90

O N G C

265.4 -3.70

NTPC

380.95 6.90

Coal India

468.15 13.95

Bharti Airtel

1846.1 19.10

Tech Mahindra

1384.8 44.20

Jio Financial

239.3 -0.15

Adani Ports

1365.4 9.40

HDFC Life Insur.

623.65 -9.85

SBI Life Insuran

1896.9 -6.20

Max Healthcare

964.8 11.70

UltraTech Cem.

10934 120.00

Bajaj Auto

9051 182.50

Bajaj Finserv

1710.3 -4.60

Interglobe Aviat

4149.1 -5.20

Eternal

232.29 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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