NIFTY Financial News

Jio Financial Services (JFS) gained over 2% to day's high of Rs 216 on the NSE on Tuesday following a likely block deal that saw 0.8% equity changing hands. The price uptick was accompanied by strong volume action with over 4.21 crore shares on the block. The stock opened in the red and fell to the day's low of Rs 207 before making a U-turn. JFS shares were also the top Nifty gainers around 9:50 am and shot up after the news about the likely block deal was reported by ETNow. Since its addition to key indices on July 20 for a temporary period at a constant price of Rs 261.8, the stock has been on a losing spree and fallen in six out of seven trading sessions, excluding today's session.

Voltas Ltd. traded 1.16 per cent up in Tuesday's trade at 11:26AM (IST).

The NSE Nifty index traded 35.35 points up at 19341.4, while BSE Sensex was up 98.16 points at 65094.76 as of 11:00AM(IST)on August 29. In the Nifty index, Tech Mahindra Ltd.(up 1.76 per cent), Power Grid Corporation of India Ltd.(up 1.45 per cent), UPL Ltd.(up 1.43 per cent), JSW Steel Ltd.(up 1.29 per cent) and Hero MotoCorp Ltd.(up 1.24 per cent) were among the top gainers. On the other hand, Bharti Airtel Ltd.(down 1.51 per cent), IndusInd Bank Ltd.(down 0.68 per cent), Axis Bank Ltd.(down 0.64 per cent), Reliance Industries Ltd.(down 0.59 per cent) and Dr.

Benchmark NSE Nifty index rose 31.05 points to 19337.1 amid buying in frontline bluechip stocks. However, stocks such as Penta Gold, Omaxe, Rajesh Exports, Rajnandini Metal and Accuracy Shipping, touched their fresh 52-week low. Overall, 37 shares traded in the green in Nifty50 index, while 13 traded in the red. In the Nifty 50 index, Tech Mahindra, UPL, Power Grid, Hero MotoCorp and JSW Steel were among top gainers, while Bharti Airtel, IndusInd Bank, Axis Bank, RIL and Dr.

Avenue Supermarts Ltd. rose 0.96 per cent to Rs 3625.0 in Tuesday's trade.

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.

Suzlon Energy(up 4.89%), RTNPOWER(up 3.64%), Alstom T&D India(up 3.61%), Reliance Power(up 3.44%), SJVN(up 3.29%), Indowind Energy(up 1.95%), Orient Green Power Company(up 1.44%), Power Grid Corporation of India(up 1.23%), Adani Power(up 1.18%) and Tata Power Company(up 1.08%) were among the top gainers. KPI Green Energy(down 3.57%), ADANIGREEN(down 1.06%), Voltamp Transformers(down 0.62%), JSW Energy(down 0.60%), Energy Development Company(down 0.31%), Hitachi Energy India(down 0.17%), Kalpataru Projects International(down 0.06%) and Adani Energy Solutions(down 0.02%) were among the top losers. The NSE Nifty50 index was trading 18.8 points up at 19324.85, while the 30-share BSE Sensex was up 38.03 points at 65034.63 at around 10:24AM. Adani Enterprises(up 1.47%), Hero MotoCorp(up 1.44%), Tech Mahindra(up 1.41%), UPL Ltd(up 1.27%), Power Grid Corporation of India(up 1.23%), Bajaj Auto(up 0.95%), Divis Laboratories(up 0.87%), Hindalco Industries(up 0.8%), Cipla(up 0.76%) and JSW Steel(up 0.74%) were among the top gainers in the Nifty pack. On the other hand, Bharti Airtel(down 1.73%), Axis Bank(down 0.85%), IndusInd Bank(down 0.67%), Hindustan Unilever(down 0.61%), Reliance Industries(down 0.56%), Dr Reddys Laboratories(down 0.46%), Apollo Hospitals Enterprises(down 0.37%), Sun Pharmaceutical Industries(down 0.3%), Britannia Industries(down 0.26%) and Nestle India(down 0.25%) were trading in the red.

On the BSE, Diksat Transworld L(down 16.67 per cent), Auro Labs(down 8.73 per cent), Command Polymers(down 8.63 per cent), Baba Arts(down 8.24 per cent) and MAC Hotels(down 6.45 per cent) were among the stocks that plunged over 5 per cent during the session. In the Nifty pack, 37 stocks traded in the green, while 13 stocks traded in the red. The Nifty index was trading 28.8 points up at 19334.85. On the BSE, Command Polymers, Omkar Pharma, A F Enterprises, Rajasthan Petro and Swagruha Infra hit their fresh 52-week lows, while Shoora Designs, Gokaldas Export, Wonder Fibromats, Swastika Invest and Promax Power touched their fresh 52-week highs.

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.

Colgate-Palmolive (India) Ltd. traded 1.47 per cent up in Tuesday's trade at 10:10AM (IST).

The NSE Nifty index was trading 26.9 points up at 19332.95, while BSE Sensex was up 87.86 points at 65084.46 at the time of writing this report. In the Nifty index, Tech Mahindra Ltd.(up 1.39 per cent), UPL Ltd.(up 1.17 per cent), Hero MotoCorp Ltd.(up 1.06 per cent), Power Grid Corporation of India Ltd.(up 1.05 per cent) and Adani Enterprises Ltd.(up 1.05 per cent) were among the top gainers. While Bharti Airtel Ltd.(down 1.78 per cent), Axis Bank Ltd.(down 0.71 per cent), Dr.

Bharat Forge Ltd. gained 1.32 per cent to Rs 1062.3 in Tuesday's trade as of 10:15AM (IST). The stock hit a high price of Rs 1071.15 and low of Rs 1052.1 during the session. The return on equity (ROE) for the stock stood at 7.87 per cent.

rupee ended 2 paise higher at 82.63 a dollar. Investors will focus on the US consumer confidence and job openings report due later in the day. “We expect Rupee to face hurdle near 83.00 level amid expectation of correction in dollar and US treasury yields and softening of crude oil prices.

Day trading guide for today: Following rally in global market, Indian stock market ended higher on Monday and snapped two days losing streak. NSE Nifty gained 40 points and closed at 19,306 levels, BSE Sensex went up 110 points and closed at 64,996 mark whereas Bank Nifty index shot up 263 points and ended at 44,494 levels.

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Also Read: 5 things that changed for market overnight: Gift Nifty, US stocks, Japan's jobless rate to global cues for Sensex today Here’s what to expect from Nifty and Bank Nifty today: Nifty remained sideways throughout the day on Monday before closing with a Doji formation. “Although the trend remains weak, the failure to fall below 19,245 on a closing basis may lead to a short-term pullback in the market. The RSI has shown a bullish crossover.

Indian stock market is expected to open on a strong footing Tuesday led by positive global cues as Asian markets traded higher, while the US stocks also gained overnight. Investors await the release of key economic data this week that will guide the market going ahead. On Monday, the domestic benchmark equity indices Sensex and Nifty ended higher, snapping two-day losing streak, amid largely positive global cues after China announced steps to give a boost to its market.

Buy or sell stocks for today: Following strong global market sentiments, Indian stock market snapped its two days losing streak and ended higher on Monday. NSE Nifty gained 40 points and closed at 19,306 levels, BSE Sensex went up 110 points and closed at 64,996 mark whereas Bank Nifty index shot up 263 points and ended at 44,494 levels.

equities traded in positive territory on Monday, tracking the gains in global markets. The current week will see India's first quarter GDP numbers, which will throw some light on the country's economic trajectory. «Markets are likely to remain in consolidation mode this week amidst key events including the release of domestic GDP data, monthly expiry, and domestic and global macroeconomic data,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal Financial Services. Here's breaking down the pre-market actions:STATE OF THE MARKETSGIFT Nifty (Earlier SGX Nifty) signals a muted startGIFT Nifty on the NSE IX traded 3 points, or 0.02 per cent, lower at 19,350, signaling that Dalal Street was headed for muted start on Tuesday.

Here's how analysts read the market pulse: «The highly anticipated Jackson Hole meeting didn’t bring much surprise. The Fed chair expressed satisfaction with the progress of policy measures and reiterated its commitment to managing inflation within target bounds.

₹1,393.25 crore. Domestic institutional investors (DIIs) continued their buying streak for the seventh session on Monday and bought shares for ₹1,264.01 crore. As per NSE data, on August 28, FIIs' buy value was at ₹10,235.41 crore and sell value at ₹11,628.66 crore -- resulting in an outflow of ₹1,393.25 crore.