The market’s cautious stance comes as investors await key US jobs data later this week, which could influence the Federal Reserve’s decision on interest rate cuts
Posts tagged BL
Crude oil down despite Libya supply disruptions (03-09-2024)
Libya’s oil production dropped to below half of its usual level after the UN Support Mission in Libya held talks on Monday to resolve a dispute over control of the central bank
CLSA upgrades Zomato, downgrades Marico and HUL amid quick commerce boom (03-09-2024)
CLSA has issued a new set of recommendations for key stocks in the consumer sector, influenced by the rapid rise of quick commerce.
Rupee falls 4 paise to 83.95 against US dollar (03-09-2024)
At the interbank foreign exchange market, the rupee opened at 83.94, lower by 3 paise from its previous close before dropping further to 83.95. The unit had settled at 83.91 against the US dollar on Monday
Premier Energies Share Price Today Live Updates: Premier Energies stock falls 13% after listing at 120% premium (03-09-2024)
Premier Energies IPO listing today, Premier Energies Share Price Live Updates for September 3, 2024: Premier Energies shares debut at 120% premium
Lithium prices will likely stabilise on demand-supply balance (03-09-2024)
Over 20% decline in prices so far in 2024 but pace of drop slackens
Overbought signals emerge as Nifty maintains bullish streak (03-09-2024)
Nifty’s strong bullish trend with 13 consecutive higher closes has brought it into the overbought zone, as indicated by technical markers like RSI at 70 and Stochastic RSI at 100.
Stocks that will see action today: September 3, 2024 (03-09-2024)
Buzzing stocks: ICICI Bank, Adani Green, Medi Assist, Hindustan Aeronautics, Vedanta, Welspun Corp, Lemon Tree, Matrimony.com, Gensol Engineering, IEX, PTC Industries
Stock Market Live Updates 03 September 2024: Sensex, Nifty trade flat with negative bias; consumer durables and pharma stocks shine (03-09-2024)
Sensex, Nifty, Share Prices LIVE: Indian Benchmark Indices Sensex and Nifty trade weak with a negative bias, showing flat performance. At 12:05 pm, the 30-share BSE Sensex declined by 96.35 points to 82,463.49, and the NSE Nifty fell by 27.40 points to 25,251.30. Analysts predict that the consolidation phase for benchmarks will continue, with broader markets facing some correction due to a lack of domestic cues. Despite Nifty’s strong bullish trend with 13 consecutive higher closes, technical indicators such as RSI at 70 and Stochastic RSI at 100 suggest the market is in the overbought zone, signalling potential corrections or profit booking. Open Interest data reveals the highest OI on call strikes at 25,500 and 25,700, and on the put side at 25,000, indicating a possible correction in the September series. Analysts recommend a cautious approach and regular profit booking while monitoring global market trends.
Zee founder Subhash Chandra says he will not co-operate with SEBI, accuses chairperson of bias (02-09-2024)
Zee Entertainment founder Subhash Chandra refuses to cooperate with SEBI probe, accuses chairperson of corruption and bias