NIFTY Financial News

The NSE Nifty index traded 63.85 points down at 19401.15, while BSE Sensex was down 205.2 points at 65334.22 as of 10:34AM(IST)on August 17. In the Nifty index, Adani Ports & Special Economic Zone Ltd.(up 1.91 per cent), Titan Company Ltd.(up 1.49 per cent), Axis Bank Ltd.(up 0.81 per cent), Dr.

The NSE Nifty index was trading 72.05 points down at 19392.95, while BSE Sensex was down 243.23 points at 65296.19 at the time of writing this report. In the Nifty index, Adani Ports & Special Economic Zone Ltd.(up 1.96 per cent), Titan Company Ltd.(up 1.37 per cent), Adani Enterprises Ltd.(up 0.82 per cent), Axis Bank Ltd.(up 0.71 per cent) and Dr.

Cholamandalam Investment & Finance Company Ltd. traded 1.27 per cent higher in Thursday's session at 10:20AM (IST).

Prestige Estates Projects(up 1.16 per cent), Indiabulls Real Estate(up 1.1 per cent), Macrotech Developers(up 0.67 per cent), Oberoi Realty(up 0.66 per cent) and DLF(up 0.61 per cent) were among the top gainers. Phoenix Mills(down 0.64 per cent) were the top losers on the index.

US Federal Reserve July policy meeting showed that the central bank has likely not finished raising interest rates. India’s forex and money markets were closed on Tuesday and Wednesday.

The S&P BSE Sensex rose more than 100 points while the Nifty50 closed above 19400 levels on Wednesday. India VIX was up by 1.04% from 12 to 12.12 levels in the previous trading session.

Nifty closed the volatile session 30 points higher at 19,465, witnessing recovery from intraday lows. The index gained support near the 19,300 level where buying emerged during the day. The index formed a small positive candle on the daily chart with minor upper and lower shadow.

Day trading guide for today: For second day in a row, Indian stock market opened lower but witnessed sharp recovery ahead of the market close. Key benchmark indices Nifty and Sensex ended higher whereas Bank Nifty continue to bleed on fifth day in a row. NSE Nifty added 30 points and closed at 19,465 levels, BSE Sensex went up 137 points and ended at 65,539 mark.

Sensex and Nifty closing marginally higher. “The market has been witnessing pressure on account of weak global cues especially because of the faltering of the Chinese economy and Fitch's warning to downgrade US midsized banks. Even on the domestic front sharp surge in inflation data and weak monsoon progress in the month of August 2023 seems to have dented the investor's sentiments," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services.

₹2,406 crore during the session. Meanwhile, DIIs registered an inflow of ₹2,406.19 crore.The Federal Reserve's latest meeting minutes suggested Fed officials are unsure about their next move after catapulting the main interest rate they control to its highest level in more than two decades.

Buy or sell stocks for today: Logging sharp recovery from the morning losses, key benchmark indices Nifty and Sensex ended higher with marginal gains but Bank Nifty extended its losing spree for fifth straight session on Wednesday. NSE Nifty added 30 points and closed at 19,465 levels, BSE Sensex went up 137 points and ended at 65,539 mark.

«The market has been witnessing pressure on account of weak global cues especially because of the faltering of the Chinese economy and Fitch's warning to downgrade US mid sized banks. We expect this weakness to persist in the market in the near term in the absence of any positive trigger,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal Financial Services. Option data suggests a broader trading range in between 19000 to 19800 zones while an immediate trading range in between 19200 to 19600 zones. Here's breaking down the pre-market actions:STATE OF THE MARKETSGIFT Nifty (Earlier SGX Nifty) signals a negative startGIFT Nifty on the NSE IX traded 23 points, or 0.12 per cent, lower at 19,389, signaling that Dalal Street was headed for negative start on Thursday.

InCred Financial Services is set to launch its first issue of market-linked debentures for retail investors, with the returns of the product linked to the Nifty 50 index. The issue offers 100% protection of the principal amount at maturity and a minimum total return of 14% on the maturity date, which is August 31, 2025, the non-banking financial company said in a statement.

India Inc's revenue growth decelerated sharply year-on-year in the June quarter, dragged down by the oil and gas sector and a higher base in the year-ago period while net profit growth was robust, helped by easing input costs. A stellar performance by the banking, financial services, and insurance (BFSI) sector supported aggregate earnings. While analysts remain optimistic about the earnings trend in the coming quarters, rising crude oil prices, softening exports and state and general elections in the coming quarters will be key factors to watch for.

Zee Entertainment Enterprises, Granules India Ltd, India Cements Ltd, Chambal Fertilizers and Chemicals, Gujarat Narmada Valley Fertilizers And Chemicals Limited, Steel Authority of India (SAIL), Hindustan Copper, Manappuram Finance, Delta Corp, Balrampur Chini Mills, Indiabulls Housing Finance are the 11 stocks that are a part of the F&O ban list by the stock exchange for Thursday. The NSE updates the list of securities in F&O ban for trade everyday.

₹2,406 crore during Wednesday's session. As per the NSE data, FIIs cumulatively bought ₹21,055.98 crore of Indian equities, while they sold ₹20,333.22 crore --- resulting in an inflow of ₹722.76 crore. Meanwhile, DIIs infused ₹7,967.77 crore and offloaded ₹5,571.48 crore, registering an inflow of ₹2,406.19 crore.

Nifty Smallcap 250 outperformed all major indices clocking gains of 7.69 per cent in July, followed by Nifty Miscap 150 which scored gains of 5.51 per cent during the period. According to a report by domestic brokerage firm Motilal Oswal titled ‘Global Market Snapshot’, the broader indices outperformed major ones including Nify50 and Nifty 500 during July, which gained 2.94 per cent and 3.83 per cent respectively. In addition, both indices have outperformed the other indices when compared on a three-month, six-month, and on an annual basis.

Parag Milk(up 6.84%), Dodla Dairy(up 5.74%), Hatsun Agro Product Ltd(up 5.60%), JHS Svendgaard Laboratories(up 5.00%), Umang Dairies(up 4.64%), Bajaj Consumer(up 3.09%), P & G Hygiene(up 2.93%), Gillette India(up 2.89%), Varun Beverages(up 2.56%) and Patanjali Foods(up 1.89%) stood among the top gainers. Hindustan Foods(down 2.81%), Nakoda Group(down 1.91%), Bikaji Foods International(down 1.61%), Adani Wilmar(down 1.52%), Marico(down 1.50%), Emami(down 1.49%), Sheetal Cool Products(down 1.07%), Tasty Bite Eatables(down 0.93%), Dangee Dums(down 0.77%) and Euro India Fresh Foods(down 0.51%) were among the top losers of the day.

Fertilizers & Chemicals Tranvancore(up 8.74%), ZUARIAGRO(up 5.51%), Mangalore Chemicals & Fertilizers(up 4.36%), Madras Fertlizers(up 2.73%), Khaitan Chemicals & Fertilizers(up 2.28%), Gujarat Narmada Valley Fertilizers (up 1.13%), Rashtriya Chemicals & Fertilizers(up 1.03%), Coromandel International(up 0.64%), Madhya Bharat Agro Products(up 0.64%) and Southern Petrochemicals Industries(up 0.63%) stood among the top gainers. Nagarjuna Fertilizers & Chem(down 4.93%), Rama Phosphates(down 3.51%), Sikko Industries(down 3.00%), KRISHANA(down 1.64%), Deepak Fertilizers & Petrochemicals(down 1.57%), G S F C(down 0.82%), Aries Agro(down 0.70%) and Paradeep Phosphates(down 0.08%) were among the top losers of the day.

Shares of Tata Motors(up 1.88 per cent), Mahindra & Mahindra(up 1.54 per cent), Maruti Suzuki(up 1.05 per cent), Ashok Leyland(up 0.94 per cent) and Bharat Forge(up 0.91 per cent) ended the day as top gainers in the pack. On the other hand, TIINDIA(down 2.65 per cent), Hero MotoCorp(down 0.96 per cent), TVS Motor Company(down 0.38 per cent), Bajaj Auto(down 0.35 per cent) and Eicher Motors(down 0.34 per cent) finished as the top losers of the day.

Benchmark NSE Nifty closed 30.45 points up at 19465.0 amid buying in frontline bluechip counters. However, stocks such as Goldstar Power, Synoptics Technologi, BKM Industries, Genesys Intnl and Oriana Power, touched their fresh 52-week lows.