Index Financial News

IDFC First Bank, Power Finance Corporation (PFC), HDFC Asset Management Company (AMC), Ashok Leyland, Supreme Industries, Astral, REC, and Cummins India made their way into MSCI Global Standard Index on August 31. On the other hand, ACC was excluded from the index. According to Nuvama Alternative & Quantitative Research said in its report, ‘’A total of eight inclusions have been announced, aligning with our projections for six of them.

all-India House Price Index (HPI) rose by 5.1 per cent in the April-June quarter of 2023-24 as compared with 3.4 per cent a year ago, according to data released by the Reserve Bank of India on Thursday.

Investing.com — U.S. stock futures traded in a mixed fashion Thursday, as investors await the release of key inflation and unemployment data that could convince the Federal Reserve to pause on further interest rate increases.

North America is leading a global increase in investor confidence according to State Street Global Markets.

Shares of IDFC First Bank Ltd.(up 1.19 per cent) and Federal Bank Ltd.(up 0.38 per cent) ended the day as top gainers in the pack. On the other hand, Bank of Baroda(down 2.34 per cent), State Bank of India(down 1.06 per cent), IndusInd Bank Ltd.(down 1.02 per cent), Axis Bank Ltd.(down 1.0 per cent) and Kotak Mahindra Bank Ltd.(down 0.9 per cent) finished as the top losers of the day. The Nifty Bank index closed 0.55 per cent down at 43989.15. Benchmark NSE Nifty50 index ended down 93.65 points at 19253.8, while the BSE Sensex stood down 255.84 points at 64831.41. Among the 50 stocks in the Nifty index, 13 ended in the green, while 37 closed in the red. Shares of IDFC First Bank, Suzlon Energy, Reliance Power, Ashok Leyland and Alok Industries were among the most traded shares on the NSE. Shares of Aeroflex Industries, Manugraph India, HLV Ltd., Hercules Hoists and North Eastern(PP)hit their fresh 52-week highs in today's trade, while TCNS Clothing, Allcargo Terminals, Penta Gold, Vedanta and SS Infrastructure hit their fresh 52-week lows.

Shares of Gland Pharma Ltd.(up 9.15 per cent), Cipla Ltd.(up 1.73 per cent), Glenmark Pharmaceuticals Ltd.(up 1.52 per cent), GlaxoSmithKline Pharmaceuticals Ltd.(up 1.08 per cent) and Natco Pharma Ltd.(up 0.83 per cent) ended the day as top gainers in the pack. On the other hand, Torrent Pharmaceuticals Ltd.(down 5.74 per cent), Ipca Laboratories Ltd.(down 1.92 per cent), Granules India Ltd.(down 1.45 per cent), Alkem Laboratories Ltd.(down 1.38 per cent) and Abbott India Ltd.(down 1.08 per cent) finished as the top losers of the day. The Nifty Pharma index closed 0.2 per cent down at 15095.9. Benchmark NSE Nifty50 index ended down 93.65 points at 19253.8, while the BSE Sensex stood down 255.84 points at 64831.41. Among the 50 stocks in the Nifty index, 13 ended in the green, while 37 closed in the red. Shares of IDFC First Bank, Suzlon Energy, Reliance Power, Ashok Leyland and Alok Industries were among the most traded shares on the NSE. Shares of Aeroflex Industries, Manugraph India, HLV Ltd., Hercules Hoists and North Eastern(PP)hit their fresh 52-week highs in today's trade, while TCNS Clothing, Allcargo Terminals, Penta Gold, Vedanta and SS Infrastructure hit their fresh 52-week lows.

Shares of Persistent Systems Ltd.(up 3.56 per cent), Coforge Ltd.(up 3.17 per cent), MphasiS Ltd.(up 2.66 per cent), L&T Technology Services Ltd.(up 0.42 per cent) and Tech Mahindra Ltd.(up 0.39 per cent) ended the day as top gainers in the pack. On the other hand, Tata Consultancy Services Ltd.(down 1.0 per cent) finished as the top losers of the day. The Nifty IT index closed 0.2 per cent up at 31164.9. Benchmark NSE Nifty50 index ended down 93.65 points at 19253.8, while the BSE Sensex stood down 255.84 points at 64831.41. Among the 50 stocks in the Nifty index, 13 ended in the green, while 37 closed in the red. Shares of IDFC First Bank, Suzlon Energy, Reliance Power, Ashok Leyland and Alok Industries were among the most traded shares on the NSE. Shares of Aeroflex Industries, Manugraph India, HLV Ltd., Hercules Hoists and North Eastern(PP)hit their fresh 52-week highs in today's trade, while TCNS Clothing, Allcargo Terminals, Penta Gold, Vedanta and SS Infrastructure hit their fresh 52-week lows.

MTAR Technologies, Kirloskar Oil Engines, Nazara Technologies, and Ion Exchange India will be added to the FTSE Global Smallcap index, effective September 15, global index aggregator FTSE Russell said. The changes are part of the semi-annual review of indices by the index aggregator. Nazara Technologies and Ion Exchange will be simultaneously removed from the FTSE Global Equity index series Micro-Cap. The news of the inclusion triggered strong buying action in the stocks in trade on Thursday. Shares of Ion Exchange rallied over 9% and hit a 1-month high of Rs 575 on the National Stock Exchange (NSE).

Even as the pace it was moving upward has slowed, the nifty auto index is still in bullish mode. In fact it was the one first sectoral index to start moving upward and form a new high.

Researchers behind the well-known Cambridge Bitcoin Electricity Consumption Index (CBECI) have officially revised its methodology to enhance the accuracy and reliability of the Index’s estimates for the first time since its inception in 2019.

Gland Pharma Ltd.(up 2.08 per cent), GlaxoSmithKline Pharmaceuticals Ltd.(up 1.75 per cent), Natco Pharma Ltd.(up 0.75 per cent), Lupin Ltd.(up 0.59 per cent) and Dr.

F&O Expiry Schedule For traders, the weekly F&O expiry schedule from October 16 will be: Monday - Nifty Midcap Select and BSE BankexTuesday - Nifty Financial ServicesWednesday - Bank NiftyThursday - Nifty 50 Friday - Sensex In its bid to boost derivative trading, the country’s premier bourse BSE had in May relaunched the Sensex and Bankex derivative contracts with a reduced lot size of and a new expiry cycle. The derivatives products have been steadily gaining momentum since the launch.

TVS Motor Company(up 2.74 per cent), Ashok Leyland(up 1.25 per cent), Mahindra & Mahindra(up 1.1 per cent), Eicher Motors(up 1.04 per cent) and Bajaj Auto(up 0.92 per cent) were among the top gainers. Sona BLW Precision Forgings(down 0.71 per cent), Bharat Forge(down 0.24 per cent) and Balkrishna Industries(down 0.04 per cent) were the top losers on the index. The Nifty Auto index was up 0.71 per cent at 15688.9 at the time of writing this report. Benchmark NSE Nifty50 index was up 105.45 points at 19448.1, while the BSE Sensex was up 371.46 points at 65447.28. Among the 50 stocks in the Nifty index, 42 were trading in the green, while 8 were in the red. Shares of Reliance Power, Zomato, Suzlon Energy, JP Power and Vodafone Idea were among the most traded shares on the NSE. Shares of Pritika Engineering, Ameya Precision Engi, Shakti Pumps, Delta Manufacturing and P E Analytics hit their fresh 52-week highs in today's trade, while Penta Gold, Proventus Agrocom, BKM Industries, Rajnandini Metal and Rajesh Exports hit fresh 52-week lows in trade.

MPhasis(up 1.36 per cent), Persistent Systems(up 1.3 per cent), Tech Mahindra(up 1.19 per cent), L&T Technology(up 1.15 per cent) and HCL Technologies(up 0.75 per cent) were among the top gainers. Coforge(down 0.32 per cent) were the top losers on the index. The Nifty IT index was up 0.7 per cent at 31082.2 at the time of writing this report. Benchmark NSE Nifty50 index was up 102.9 points at 19445.55, while the BSE Sensex was up 368.8 points at 65444.62. Among the 50 stocks in the Nifty index, 41 were trading in the green, while 9 were in the red. Shares of Reliance Power, Zomato, Suzlon Energy, JP Power and Vodafone Idea were among the most traded shares on the NSE. Shares of Pritika Engineering, P E Analytics, Delta Manufacturing, Ameya Precision Engi and Shakti Pumps hit their fresh 52-week highs in today's trade, while BKM Industries, Penta Gold, Proventus Agrocom, Rajnandini Metal and Rajesh Exports hit fresh 52-week lows in trade.

IDFCBANK(up 1.94 per cent), Axis Bank(up 1.54 per cent), Punjab National Bank(up 1.03 per cent), AU Small Finance Bank(up 0.96 per cent) and Bank of Baroda(up 0.39 per cent) were among the top gainers. Bandhan Bank(down 0.83 per cent), Federal Bank(down 0.35 per cent), IndusInd Bank(down 0.09 per cent) and State Bank of India(down 0.01 per cent) were the top losers on the index. The Nifty Bank index was up 0.36 per cent at 44654.75 at the time of writing this report. Benchmark NSE Nifty50 index was up 107.2 points at 19449.85, while the BSE Sensex was up 360.94 points at 65436.76. Among the 50 stocks in the Nifty index, 41 were trading in the green, while 9 were in the red. Shares of Reliance Power, Zomato, Suzlon Energy, JP Power and Vodafone Idea were among the most traded shares on the NSE. Shares of Pritika Engineering, Ameya Precision Engi, P E Analytics, Delta Manufacturing and Shakti Pumps hit their fresh 52-week highs in today's trade, while BKM Industries, Penta Gold, Proventus Agrocom, Rajnandini Metal and Rajesh Exports hit fresh 52-week lows in trade.

Mahindra Lifespace Developers(up 4.65 per cent), Indiabulls Real Estate(up 2.3 per cent), Oberoi Realty(up 1.28 per cent), DLF(up 1.1 per cent) and Prestige Estates Projects(up 0.7 per cent) were among the top gainers. Brigade Enterprises(down 1.08 per cent) and Godrej Properties(down 0.02 per cent) were the top losers on the index. The Nifty Realty index was up 0.64 per cent at 550.55 at the time of writing this report. Benchmark NSE Nifty50 index was up 101.5 points at 19444.15, while the BSE Sensex was up 360.22 points at 65436.04. Among the 50 stocks in the Nifty index, 40 were trading in the green, while 10 were in the red. Shares of Reliance Power, Zomato, Suzlon Energy, JP Power and Vodafone Idea were among the most traded shares on the NSE. Shares of Pritika Engineering, P E Analytics, Delta Manufacturing, Ameya Precision Engi and Shakti Pumps hit their fresh 52-week highs in today's trade, while Penta Gold, Proventus Agrocom, BKM Industries, Rajnandini Metal and Rajesh Exports hit fresh 52-week lows in trade.

Laurus(up 2.65 per cent), Gland Pharma(up 1.99 per cent), Ipca Laboratories(up 1.22 per cent), Glenmark Pharmaceuticals(up 1.19 per cent) and Granules India(up 1.03 per cent) were among the top gainers. Sanofi India(down 0.32 per cent), Natco Pharma(down 0.32 per cent), Pfizer(down 0.1 per cent), Abbott India(down 0.05 per cent) and Divis Laboratories(down 0.05 per cent) were the top losers on the index. The Nifty Pharma index was up 0.52 per cent at 15199.1 at the time of writing this report. Benchmark NSE Nifty50 index was up 94.8 points at 19437.45, while the BSE Sensex was up 334.32 points at 65410.14. Among the 50 stocks in the Nifty index, 40 were trading in the green, while 10 were in the red. Shares of Zomato, Suzlon Energy, Reliance Power, BHEL and JP Power were among the most traded shares on the NSE. Shares of Pritika Engineering, P E Analytics, Ameya Precision Engi, Delta Manufacturing and Menon Bearings hit their fresh 52-week highs in today's trade, while Penta Gold, Proventus Agrocom, Rajnandini Metal, Rajesh Exports and Shrenik hit fresh 52-week lows in trade.

Investing.com — European stock markets traded higher Tuesday, with the U.K. leading the way after returning from holiday, even after German consumer confidence weakened. 

In August 2021, one sector which had “ buy and strong buy” written all over it was IT or more commonly called software sector. In August 2023, a number of them have “hold” recommendations by analysts.

Tech Mahindra(up 1.68 per cent), LTIMindtree Ltd(up 0.69 per cent), L&T Technology(up 0.68 per cent), HCL Technologies(up 0.53 per cent) and Wipro(up 0.51 per cent) were among the top gainers. Coforge(down 0.94 per cent) were the top losers on the index. The Nifty IT index was up 0.41 per cent at 30899.35 at the time of writing this report. Benchmark NSE Nifty50 index was up 23.75 points at 19329.8, while the BSE Sensex was up 58.43 points at 65055.03. Among the 50 stocks in the Nifty index, 35 were trading in the green, while 14 were in the red. Shares of Suzlon Energy, JP Power, Reliance Power, Vodafone Idea and Jio Financial Servic were among the most traded shares on the NSE. Shares of Gokaldas Export, A G Universal, Wonder Fibromats, All E Technologies and Aristo Bio-Tech hit their fresh 52-week highs in today's trade, while Penta Gold, Rajesh Exports, Rajnandini Metal, Accuracy Shipping and Shrenik hit fresh 52-week lows in trade.

Bharat Forge(up 1.37 per cent), Hero MotoCorp(up 1.33 per cent), Bajaj Auto(up 0.88 per cent), Tata Motors(up 0.57 per cent) and Balkrishna Industries(up 0.44 per cent) were among the top gainers. Sona BLW Precision Forgings(down 1.08 per cent), TIINDIA(down 0.34 per cent), Mahindra & Mahindra(down 0.08 per cent) and Bosch(down 0.03 per cent) were the top losers on the index. The Nifty Auto index was up 0.33 per cent at 15525.8 at the time of writing this report. Benchmark NSE Nifty50 index was up 20.7 points at 19326.75, while the BSE Sensex was up 39.62 points at 65036.22. Among the 50 stocks in the Nifty index, 34 were trading in the green, while 16 were in the red. Shares of Suzlon Energy, JP Power, Reliance Power, Vodafone Idea and Jio Financial Servic were among the most traded shares on the NSE. Shares of Gokaldas Export, A G Universal, Wonder Fibromats, Aristo Bio-Tech and All E Technologies hit their fresh 52-week highs in today's trade, while Penta Gold, Rajesh Exports, Accuracy Shipping, Rajnandini Metal and Shrenik hit fresh 52-week lows in trade.