Stock Market News Today: Trends in the SGX Nifty indicate a negative opening for the broader index in India on Wednesday.
As a result, the net foreign liabilities of MF companies at $11.3 billion in March 2022 remained close to their year-ago level, the central bank said. Foreign liabilities of mutual fund companies went up by $ 3.4 billion during 2021-22 to $ 17.7 billion due to the rise in units issued to non-residents, the Reserve Bank of India (RBI) has said. Three stocks – Balrampur Chini Mills, Delta Corp, Escorts Kubota – are under NSE F&O ban for August 10. If the index moves up, the key resistance levels to watch out for are 17,596 and 17,667. The Indian stock market was shut on August 9. Analysts had forecast a small 400,000-barrel drop in crude inventories. The mutual fund industry's net assets under management (AUM) in July 2022 stood at Rs 37.74 lakh crore, and the net average assets under management (AAUM) came in at Rs 37.76 lakh crore, the Association of Mutual Funds in India (AMFI) said in its monthly report released on August 8. The foreign assets of MF companies increased by $ 3.6 billion during the year on the back of a rise in their holdings of equity securities to reach $ 6.5 billion in March 2022, the RBI said. The overall mutual fund folios crossed at an all-time high of 13.55 crore, and retail folios also peaked to a record high of 10.80 crore, the report said. U.S. crude stocks rose by about 2.2 million barrels for the week ended Aug. 5, according to market sources citing American Petroleum Institute figures. Trends in SGX Nifty indicate a negative opening for the broader index in India. The Nifty futures were trading around 17,510 levels on the Singaporean exchange as against August 8 close of 17,557. The market is expected to open in the red as trends in the SGX Nifty indicate a negative opening for the broader index in India.
Share Market News Today | Sensex, Nifty, Share Prices LIVE: Sensex and Nifty were trading flat with negative bias on Wednesday.
On the other hand, imports grew 67% to $9.3 billion in the period, mainly due to a spike in oil shipments in both volume and value terms amid soaring global prices. Equities fell in Japan, South Korea and Australia, while US contracts wavered following a drop in the S&P 500 for a fourth session. Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Lucknow: The price of petrol and diesel has been left unchanged for the 77th day by OMCs on August 10. On the technical front, Immediate support and resistance in Nifty 50 are 17200 and 17600 respectively. “The rally in stock markets is not India-specific. Nasdaq has rebounded 19.4% from the June lows and S&P 500 has rebounded 13.3% from the June lows. For benchmark Nifty, the key support level is 17400 and above which, the breakout formation is likely to continue till 17650-17700. US CPI data may show a slowdown in July to 8.7%, which is still too fast for the Fed. Month on month. Investors will be eyeing the US monthly inflation data to be announced overnight, with the street suspecting the CPI report could move back below 9%. Hotter CPI figures will reinforce the need for a super-sized rate hike by the Fed at its next meeting, which could simply lift the dollar and bring back bears in the equity markets across the global stock markets. Advise to maintain stop loss at 17,350 and 37,700 for long positions in Nifty and Bank Nifty respectively. Bharti Airtel share price jumped 2% to Rs 719 apiece on BSE on Wednesday, a day after the telecom major’s on-year consolidated net profit soared sixfold in the first quarter of FY23, led by strong revenue growth and 4G customer addition. Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold prices in India were trading lower in India on Wednesday on the back of weak global cues as investors await U.S. inflation data. The transaction is subject to receipt of the necessary regulatory and other customary approvals.
Sensex falls 109 points to 58743 and Nifty loses 36 points to 17488 in opening trade. The market ended higher for the second consecutive session on Monday ...
The Indian market ended higher for the second consecutive session on Monday led by gains in capital goods, auto and banking stocks. Shares of Tata Chemicals zoomed 9 per cent today after the Tata Group firm announced a 86.25 per cent increase in net profit for the quarter ended June 2022. Sequentially, profit slumped 74.4 per cent from Rs 3,234 crore in the March 2022 quarter. On July 22 this year, JSW Steel's consolidated net profit plunged 85.8 per cent year-on-year for the quarter ended June 30. Sensex closed 465 points higher at 58,853 and Nifty gained 127 points to 17,525 amid mixed global cues. Sensex fell 109 points to 58,743 and Nifty lost 36 points to 17,488 in opening trade.
Share Market LIVE: Indian benchmark indices are trading in red on Wednesday morning. ICICI Bank and Sun Pharma made gains in early trade, whereas IT and ...
The S&P 500 fell 0.4%, marking its fourth consecutive drop. India’s trade gap with the United Arab Emirates ballooned fourfold in the May-June period, the first two months since the India-UAE free trade agreement came into effect, driven by a jump in oil and gold imports. The three-year capex will remain at present levels. It also grants clean energy users carbon-saving certificates that can be sold or traded and lays out a new energy efficiency standard in homes, which account for 24% of India’s electricity use. It has agreed to acquire a portfolio of 1,753 MW of Renewable Energy generation capacity from Mytrah Energy comprising of 17 SPVs and 1 Ancillary SPV. Musk, 51, has now sold around $32 billion worth of stock in Tesla over the past 10 months. The disposals started in November after Musk, a prolific Twitter user, polled users of the platform on whether he should trim his stake. Tesla’s chief executive officer offloaded about 7.92 million shares on Aug. 5, according to the new filings. After a dry patch of more than two months, the first initial public offering will hit the market on 12 August, with Chennai-based engineering firm Syrma SGS Technology set to test investor appetite. Prior to that, on Monday, the country recorded 16,167 cases, while it had more than 18,000 infections on Sunday and over 19,000 cases on Saturday. (Full Report) Bharti Airtel's share was trading 0.67 per cent higher at ₹709.05 on the BSE at 9.48 am. Indian money market participants expect the Reserve Bank of India's variable rate reverse repo (VRRR) to be sharply undersubscribed as liquidity surplus dips.
Stock Market LIVE Updates: Indian equity benchmarks BSE Sensex and NSE Nifty50 began Wednesday's session in the green amid choppy trade as Dalal Street ...
Welcome to CNBC-TV18's market blog, where we provide rolling live news coverage of the latest events in the stock market, business and the economy. An inability to do so should call for falls to at least 17,220 before buying interest trickles in," he says. An attempt to regroup and aim for 17,750 could unfold if early weakness is held above 17,380 or if 17,570 gets broken right away. -- Buy BEL for a target of Rs 295-302 with a stop loss at Rs 279 -- Buy NMDC for a target of Rs 124-125 with a stop loss at Rs 112 Gains in financial, auto and healthcare stocks pushed the headline indices higher, though losses in IT names limited the upside.
European shares dipped on Tuesday as investors cautiously waited for key U.S. inflation data later in the week for hints on the Federal Reserve's next move on ...
The MACD is known for signaling trend reversals in traded securities or indices. It formed a strong bullish candle on the daily charts, suggesting demand at lower levels. “A sustainable move above 17,550 levels could be considered as an upside breakout of the range and that could pull Nifty towards the next important resistance of 17,800-17,900 levels in the near term. The pan-European STOXX 600 index fell 0.3%, retreating after logging its best session in nearly two weeks on Monday. Shares of HDFC Securities, said the short-term trend of Nifty remains positive with range bound action.
Stock market live updates: Broader markets, too, were flat in trade as Nifty Midcap 100 and Nifty Small Cap 100 shed 0.1 per cent each.
Niftyled Auto and Nifty FMCG indices led the charge. Market trends MARKET LIVE
Equity indices made a strong start to the week on Monday, with the Sensex and Nifty closing at near four-month highs, tracking gains in index majors amid ...
As per data, major total Put open interest was seen at 17500, 17400 and 17300 strikes with total open interest of 109130, 139668 and 109950 contracts respectively. Major Put open interest addition was seen at 17500, 17400 and 17300 strikes which added 81966, 83645 and 52224 contracts respectively. Call unwinding was seen at 17400, 17450 and 17500 strikes which shed 12916, 17518 and 31593 contracts respectively.
Asian stocks opened on the back foot Wednesday morning, following overnight falls of Wall Street tech shares ahead of key US inflation data later in the day ...
However, DIIs turned net sellers to the tune of Rs 140.73 crore, data suggests. The Nasdaq closed down on Tuesday after a dismal forecast from Micron Technology pulled chip makers and tech stocks lower as investors await US inflation data. On the weekly scale, the index formed a small bullish candle. All eyes are set on US inflation numbers later in the day for the cues over Fed's next move to curb the rising prices. - Euro held firm to $1.0208 - Tech View: Nifty50 on Friday ended on a flattish note for the second straight session. MSCI's index of Asia-Pacific shares outside Japan was down by 0.73 per cent. - Nasdaq retreated 1.19% to 12,493.93 - Dollar index pinned at 106.172 - S&P 500 plunged 0.42% to 4,122.47 - Dow Jones dropped 0.18% to 32,774.41 The index formed an indecisive candle on the daily chart.
Stock Market Update: Global cues are looking weak for the domestic stock market. Selling is being seen in major Asian markets in today's business.
On the other hand, the Shanghai Composite is down 0.38 percent. The profit of Bharti Airtel has increased 5 times to Rs 1607 crore in the June quarter. The Strait Times is up 0.40 percent, while the Hang Seng is showing weakness of 1.42 percent. Brent crude remains below $100. The price of Brent crude is close to $ 96 per barrel. At the same time, US crude is trading close to $ 90 per barrel. On Tuesday, Dow Jones fell by 58 points and closed at the level of 32,774.41. NASDAQ declined 151 points and closed at 12,493.93. While the S&P 500 index saw a weakness of 18 points and closed at the level of 4,122.47. The eyes of the market are now on the inflation figures.
The NSE Nifty index was trading 0.8 points up at 17525.9.
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The Sensex was at 58689.60, down 163.47 points, or 0.28 per cent while Nifty was at 17482.95, down 42.15 points, or 0.24 per cent on Wednesday at 9:41 am.
Data on Wednesday are expected to show headline US inflation in July eased from the previous month's four-decade high of 9.1%. But a survey by FactSet found traders expect core inflation, which strips out volatile food and energy, leaving rent and other costs, to edge higher. There is no provision under CRPC to demolish the house of an accused person as is being done in UP - In Pics: A look at all Indian PMs from the ramparts of Red Fort on Independence Day since 1947 From Jawaharlal Nehru, the first and longest-serving Prime Minister of India, to Narendra Modi, the current Prime... The top court has protected Sharma from arrest in all pending and future FIRs relating to her statement on Prophet... Wrestling, athletics and other squads were welcomed back to the country by the Sports Authority of India. New Delhi: On Wednesday, the Sensex was at 58,739.50, down 113.57 points, or 0.19 per cent at 1:27 pm, while Nifty was at 17,503.15, down 21.95 points, or 0.13 per cent. The Sensex was at 58,689.60, down 163.47 points, or 0.28 per cent while Nifty was at 17,482.95, down 42.15 points, or 0.24 per cent on Wednesday at 9:41 am. The Sensex was at 58,739.50, down 113.57 points, or 0.19 per cent at 1:27 pm, while Nifty was at 17,503.15, down 21.95 points, or 0.13 per cent. Sources in the know of the things said that in-principle agreement has been reached about the composition of the new... The Dow slipped 0.2 per cent to close at 32,774.41. The Nasdaq dropped 1.2 per cent to 12,493.93. The Russell 2000 ended down 1.5 per cent, at 1,912.89. Investors worry efforts by the Fed and other central banks in Europe and Asia to cool inflation that is at multi-decade highs might derail global economic growth.
Entering Wednesday's trade, SGX Nifty was down with losses, suggesting a weak to flat opening for domestic markets.
On the other hand, Put OI is the most at 16500 strike, followed by 17000 strike. Meanwhile, Nagaraj Shetti sees resistance at 17800-17900 levels in the near term with immediate support at 17430 levels. This is a positive indication and signals more upside for the short term,” Shetti said. FII and DII trades: Foreign Institutional Investors (FII) have been buying domestic stocks for 8 consecutive days now. Entering Wednesday’s trade, SGX Nifty was down with losses, suggesting a weak to flat opening for domestic markets. Domestic stock markets return to action today after a day’s hiatus.
Infosys, HDFC, Bajaj Finance, HDFC Bank and NTPC were among the top drags on the Sensex.
Nifty Metal, Media, PSU Bank, Realty, Consumer Durables, Oil & Gas and Auto indices were also trading lower. The S&P 500 fell 0.4 per cent, marking its fourth consecutive drop. Mid- and small-cap shares were also facing selling pressure as Nifty Midcap 100 index declined 0.25 per cent and Nifty Smallcap 100 index fell 0.35 per cent. Asian markets fell following weak closing of US markets. Infosys, HDFC, Bajaj Finance, HDFC Bank and NTPC were among the top drags on the Sensex The Indian equity benchmarks erased early gains and edged lower on Wednesday owing to weakness in index heavyweights like Infosys, HDFC, Bajaj Finance, HDFC Bank and NTPC. However, the downside was capped as ICICI Bank, Reliance Industries, Bharti Airtel, Hindustan Unilever, Sun Pharma and Nestle India were witnessing buying interest.