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Asian Paints

2421.3 -26.00

Cipla

1311.8 -5.80

Eicher Motors

7038.5 -151.00

Nestle India

1454.2 -11.40

Grasim Inds

2760 -43.20

Hindalco Inds.

1045.35 -21.85

Hind. Unilever

2246.7 -67.70

ITC

316.1 -0.15

Trent

4145 -83.30

Larsen & Toubro

4000 -96.10

M & M

3069.4 -82.90

Reliance Industries

1414.6 -10.80

Tata Consumer

1144.1 -23.90

Tata Motors PVeh

339.2 -13.50

Tata Steel

211.29 -4.59

Wipro

201.41 0.73

Apollo Hospitals

7600 -109.00

Dr Reddy's Labs

1322.1 -7.70

Titan Company

4390.1 -49.70

SBI

1070 -16.90

Shriram Finance

932.15 -24.70

Bharat Electron

428.9 -8.65

Kotak Mah. Bank

380.55 -1.45

Infosys

1177.5 10.00

Bajaj Finance

955.8 25.80

Adani Enterp.

2371.8 -54.10

Sun Pharma.Inds.

1779.2 0.50

JSW Steel

1261.5 -18.20

HDFC Bank

771.5 -7.50

TCS

2455.2 -19.50

ICICI Bank

1263.1 -17.90

Power Grid Corpn

317 -3.35

Maruti Suzuki

13028 -229.00

Axis Bank

1264.2 -32.20

HCL Technologies

1202.3 2.10

O N G C

299.45 -1.95

NTPC

398.4 -2.90

Coal India

483.75 3.85

Bharti Airtel

1878.9 -9.20

Tech Mahindra

1462.3 2.50

Jio Financial

245.8 -4.91

Adani Ports

1635 -26.10

HDFC Life Insur.

583.5 -10.90

SBI Life Insuran

1801.2 -15.00

Max Healthcare

996.2 -10.40

UltraTech Cem.

11567 -266.00

Bajaj Auto

9806.5 263.00

Bajaj Finserv

1767.1 2.90

Interglobe Aviat

4226.8 -118.40

Eternal

244.8 -9.23

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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DJIA 48888.32
-274.62 -0.56%
S&P 500 7157.73
-2.07 -0.03%
HANG SENG 26111.85
432.06 1.68%
NIKKEI 225 59839.06
-698.30 -1.15%
FTSE 100 10208.73
-124.06 -1.20%
NIFTY 23911.60
-266.05 -1.10%
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