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Asian Paints

2485.4 0.30

Cipla

1313.3 18.30

Eicher Motors

7171.5 60.00

Nestle India

1426.6 5.30

Grasim Inds

2784.1 44.80

Hindalco Inds.

1058.15 9.80

Hind. Unilever

2335.5 8.20

ITC

303.7 2.10

Trent

4289.6 -7.70

Larsen & Toubro

4069 54.70

M & M

3103 64.60

Reliance Industries

1343.7 15.90

Tata Consumer

1166.5 -7.50

Tata Motors PVeh

352.75 2.25

Tata Steel

213.83 3.76

Wipro

203.66 4.30

Apollo Hospitals

7812.5 80.00

Dr Reddy's Labs

1337.6 20.50

Titan Company

4434 24.00

SBI

1106.75 5.65

Shriram Finance

969.1 -42.20

Bharat Electron

434.8 -9.65

Kotak Mah. Bank

376.15 5.30

Infosys

1175.4 20.80

Bajaj Finance

921 -0.55

Adani Enterp.

2325.9 38.30

Sun Pharma.Inds.

1734.8 114.40

JSW Steel

1285 29.30

HDFC Bank

787.5 2.65

TCS

2450.4 53.50

ICICI Bank

1319.7 -6.50

Power Grid Corpn

321.25 4.85

Maruti Suzuki

13208 160.00

Axis Bank

1317.7 -48.20

HCL Technologies

1218.3 15.10

O N G C

285.2 0.40

NTPC

410.3 8.45

Coal India

451.9 -4.10

Bharti Airtel

1825.4 10.90

Tech Mahindra

1386.7 28.20

Jio Financial

249.35 3.62

Adani Ports

1622.6 37.50

HDFC Life Insur.

598.35 10.15

SBI Life Insuran

1805.7 36.80

Max Healthcare

1010 10.60

UltraTech Cem.

12163 165.00

Bajaj Auto

9694.5 118.50

Bajaj Finserv

1768.5 -2.20

Interglobe Aviat

4540.3 17.20

Eternal

256.81 0.02

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 49249.13
-82.20 -0.17%
S&P 500 7185.72
56.32 0.79%
HANG SENG 25978.08
62.87 0.24%
NIKKEI 225 59744.07
603.84 1.02%
FTSE 100 10387.94
-69.07 -0.66%
NIFTY 24059.00
161.05 0.67%
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