September crude oil futures were trading at ₹5,896 on MCX during the initial hour of trading on Wednesday
Posts tagged BL
Sensex, Nifty open lower on US growth worries, drag in IT stocks (04-09-2024)
Sensex opens 0.65% lower at 82,001.2, Nifty falls 0.7% to 25,106.15; IT stocks emerge as top sectoral losers
Government names Deepti Gaur Mukherjee as SEBI Board member (04-09-2024)
She replaces Manoj Govil who has recently taken charge as Expenditure Secretary
Sensex, Nifty to open gap down as global market selloff weighs on sentiment (04-09-2024)
However, analysts expect the Indian market to remain resilient, noting that it is in a consolidation phase
Nvidia’s $279 billion crash triggers broader tech stock selloff (04-09-2024)
Fresh warnings from industry analysts about the slow realization of AI’s potential impact sent shockwaves through tech stocks, leading to a broader equity sell-off
Stocks that will see action today: September 4, 2023 (04-09-2024)
Buzzing stocks: Raymond, IEX, GIC-RE, Utkarsha SFB, AU SFB, Rane Holdings, Finolex Cables, Cipla, Godrej Phillips, Zee Entertainment, NHPC, GSK Pharma
India Inc. gains big from equity and hybrid MFs amid slowing revenue growth (04-09-2024)
Corporate assets in hybrid mutual funds doubled year-on-year to ₹1.39 lakh crore, while equity scheme investments rose 53% to ₹2.39 lakh crore.
Stock Market Live Updates 4 September 2024: Asian stock slide signals weak opening for Indian markets; Nifty may slip 170 points (04-09-2024)
Sensex, Nifty, Share Prices LIVE: Domestic markets are expected to open weak on Wednesday as global pressures threaten to end Nifty’s 14-day rally. Gift Nifty, trading at 25,170, signals a potential gap-down opening of 170 points against the Nifty futures value of 25,340. Asian equities, led by tech firms, saw sharp declines after a slide in Nvidia shares and weak US factory data reignited recession fears. Tokyo and Taipei fell by 3%, while Korea’s KOSPI dropped over 2%, contributing to a negative market sentiment. However, analysts remain optimistic about the resilience of the Indian market, which is seen to be in a consolidation phase. Siddhartha Khemka of Motilal Oswal expects a gradual uptrend with sectorial rotation, supported by hopes of a US rate cut and foreign investor buying. Deepak Jasani of HDFC Securities highlights that despite intermittent volatility, Nifty has been strong, rising for fourteen consecutive sessions. India’s GDP is forecasted to grow at 7% in FY25.
CCI greenlights Rane Holdings’ 51% stake buy in Rane NSK Steering Systems (03-09-2024)
Also approves the acquisition of shareholding in Utkarsh CoreInvest Limited by Citrine Inclusion Ltd
Light touch registration for FPIs investing in govt bonds: Ananth Narayan (03-09-2024)
Error rates on trade settlement for FPIs have decreased with the T+1 cycle, says the SEBI whole time member