SENSEX Financial News

Tata Elxsi Ltd. traded 0.03 per cent higher in Friday's session at 12:28PM (IST).

PI Industries Ltd. traded 0.12 per cent lower in Friday's session at 12:13PM (IST).

Gujarat Industries Power(up 7.80%), Tata Power Company(up 3.33%), Suzlon Energy(up 3.26%), GE Power India Limited(up 2.88%), NTPC(up 2.34%), SJVN(up 2.23%), CESC(up 2.04%), Inox wind(up 1.94%), Jaiprakash Power Ventures(up 1.88%) and Power Grid Corporation of India(up 1.84%) were among the top gainers. Alstom T&D India(down 3.34%), KPI Green Energy(down 2.65%), Energy Development Company(down 1.69%), Voltamp Transformers(down 1.13%), Karma Energy(down 0.66%), ADANIGREEN(down 0.66%), Kalpataru Projects International(down 0.60%), Adani Power(down 0.30%) and KEC International(down 0.12%) were among the top losers. The NSE Nifty50 index was trading 86.65 points up at 19340.45, while the 30-share BSE Sensex was up 222.98 points at 65054.39 at around 11:20AM. Oil And Natural Gas Corporation Ltd.(up 5.16%), Tata Steel Ltd.(up 3.66%), Coal India Ltd.(up 2.78%), Hindalco Industries Ltd.(up 2.69%), SBI Life Insurance Company Ltd.(up 2.42%), NTPC Ltd.(up 2.31%), JSW Steel Ltd.(up 2.26%), Maruti Suzuki India Ltd.(up 1.94%), Power Grid Corporation of India Ltd.(up 1.9%) and Bajaj Auto Ltd.(up 1.72%) were among the top gainers in the Nifty pack. On the other hand, Asian Paints Ltd.(down 0.92%), Britannia Industries Ltd.(down 0.61%), Cipla Ltd.(down 0.5%), Divi's Laboratories Ltd.(down 0.43%), Dr.

Marico Ltd. fell 0.46 per cent to Rs 568.0 at 11:11AM hours (IST) on Friday.

Zee Entertainment Enterprises Ltd. traded 0.05 per cent up at Rs 262.4 at 11:16AM (IST) on Friday, even as BSE benchmark Sensex gained 188.18 points to 65019.59. The scrip had closed at Rs 262.25 in the previous session.

On the BSE, Escorp Asset Manage(down 10.00 per cent), Sun Retail(down 9.68 per cent), Perfect Octave(down 8.42 per cent), Atal Realtech(down 7.94 per cent) and Jonjua Overseas(down 7.49 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 75.05 points up at 19328.85. On the BSE, FutureLifestyleFash, A F Enterprises, Aanchal Ispat, Pyramid Technoplast and Bhaskar Agro hit their fresh 52-week lows, while Skipper Ltd, Adarsh Plant, Times Guaranty, ITD Cementation and Modern Shares touched their fresh 52-week highs.

Tube Investments of India Ltd. traded 0.38 per cent up at Rs 2914.05 at around 11:06AM (IST) on Friday.

Persistent Systems Ltd.(up 1.41 per cent), Tech Mahindra Ltd.(up 1.21 per cent), LTIMindtree Ltd.(up 1.06 per cent), L&T Technology Services Ltd.(up 0.94 per cent) and HCL Technologies Ltd.(up 0.83 per cent) were among the top gainers. MphasiS Ltd.(down 0.17 per cent) were the top losers on the index. The Nifty IT index was up 0.65 per cent at 31368.65 at the time of writing this report. Benchmark NSE Nifty50 index was up 81.95 points at 19335.75, while the BSE Sensex was up 206.68 points at 65038.09. Among the 50 stocks in the Nifty index, 39 were trading in the green, while 11 were in the red. Shares of Vodafone Idea, Suzlon Energy, BHEL, Reliance Power and Alok Industries were among the most traded shares on the NSE. Shares of Times Guaranty, Pokarna Ltd, ITD Cementation, Skipper Ltd and Birla Cable hit their fresh 52-week highs in today's trade, while GNA Axles, Hotel Rugby, Sanco Industries, FutureLifestyleFash and Pyramid Technoplast hit fresh 52-week lows in trade.

Future Consumer(up 6.67%), Umang Dairies(up 2.83%), Jyothy Labs(up 2.48%), Dangee Dums(up 2.40%), Nakoda Group(up 2.18%), Emami(up 1.93%), Heritage Foods(up 1.12%), Bajaj Consumer(up 0.95%), TATA CONSUMER PRODUCTS(up 0.89%) and Zydus Wellness(up 0.71%) were among the top gainers. Mrs Bectors Food Specialities(down 3.81%), Bikaji Foods International(down 2.28%), Adani Wilmar(down 2.10%), Hatsun Agro Product Ltd(down 1.40%), ADF Foods(down 0.96%), Patanjali Foods(down 0.83%), Gillette India(down 0.79%), Britannia Industries(down 0.78%), Vadilal Industries(down 0.57%) and Nestle India(down 0.56%) were among the top losers. The NSE Nifty50 index was trading 88.65 points up at 19342.45, while the 30-share BSE Sensex was up 220.69 points at 65052.1 at around 11:05AM. Oil And Natural Gas Corporation Ltd.(up 5.25%), Tata Steel Ltd.(up 3.74%), Hindalco Industries Ltd.(up 2.92%), Coal India Ltd.(up 2.76%), JSW Steel Ltd.(up 2.42%), SBI Life Insurance Company Ltd.(up 2.29%), Bajaj Auto Ltd.(up 1.68%), Power Grid Corporation of India Ltd.(up 1.51%), Tata Motors Ltd.(up 1.36%) and Maruti Suzuki India Ltd.(up 1.34%) were among the top gainers in the Nifty pack. On the other hand, Asian Paints Ltd.(down 0.95%), Britannia Industries Ltd.(down 0.83%), Divi's Laboratories Ltd.(down 0.64%), Dr.

Pokarna(up 6.53%), Coal India(up 2.33%), Madhav Marbles and Granites(up 2.31%), NMDC Ltd(up 1.91%), Ashapura Minechem(up 1.76%), Gujarat Mineral Dvpt Corporation(up 1.71%), KIOCL(up 1.12%) and Orissa Minerals Development Company(up 0.58%) were among the top gainers. Oriental Trimex(down 1.35%), MOIL(down 0.61%) and Lexus Granito(down 0.39%) were among the top losers. The NSE Nifty50 index was trading 61.9 points up at 19315.7, while the 30-share BSE Sensex was up 82.55 points at 64913.96 at around 10:19AM. Tata Steel Ltd.(up 4.14%), Hindalco Industries Ltd.(up 3.21%), Oil And Natural Gas Corporation Ltd.(up 2.98%), JSW Steel Ltd.(up 2.52%), Coal India Ltd.(up 2.32%), SBI Life Insurance Company Ltd.(up 1.86%), Mahindra & Mahindra Ltd.(up 1.57%), Bajaj Auto Ltd.(up 1.32%), Power Grid Corporation of India Ltd.(up 1.02%) and Tata Motors Ltd.(up 0.99%) were among the top gainers in the Nifty pack. On the other hand, Divi's Laboratories Ltd.(down 1.64%), Asian Paints Ltd.(down 0.95%), Dr.

Phoenix Mills Ltd.(up 1.33 per cent), Mahindra Lifespace Developers Ltd.(up 1.01 per cent), Brigade Enterprises Ltd.(up 0.7 per cent), Oberoi Realty Ltd.(up 0.36 per cent) and Godrej Properties Ltd.(up 0.17 per cent) were among the top gainers. Prestige Estates Projects Ltd.(down 0.75 per cent), Indiabulls Real Estate Ltd.(down 0.5 per cent), Macrotech Developers Ltd.(down 0.49 per cent) and Sobha Ltd.(down 0.05 per cent) were the top losers on the index. The Nifty Realty index was up 0.41 per cent at 560.7 at the time of writing this report. Benchmark NSE Nifty50 index was up 63.75 points at 19317.55, while the BSE Sensex was up 82.55 points at 64913.96. Among the 50 stocks in the Nifty index, 35 were trading in the green, while 14 were in the red. Shares of Suzlon Energy, BHEL, Vodafone Idea, Reliance Power and Alok Industries were among the most traded shares on the NSE. Shares of Times Guaranty, ITD Cementation, MTAR Technologies, Birla Cable and All E Technologies hit their fresh 52-week highs in today's trade, while GNA Axles, Sanco Industries, FutureLifestyleFash, Pyramid Technoplast and TECIL Chemicals hit fresh 52-week lows in trade.

Shree Cements Ltd. gained 0.76 per cent to Rs 23989.15 in Friday's session as of 10:25AM (IST) even as the equity benchmark Sensex traded 82.55 points higher at 64913.96. Earlier in the day, the stock witnessed a gap up start to the session.

Federal Reserve's rate decision later this month. At 9:19 a.m., the BSE Sensex was trading 100 points or 0.15% higher at 64,931, while Nifty50 was trading at 19,298, up 45 points or 0.23%. Among Sensex stocks, Tata Steel, JSW Steel, M&M, Power Grid, and Tata Motors opened higher, while NTPC, Infosys, Sun Pharma, and Wipro opened lower.MORE TO COME...

US Federal Reserve will not hike interest rates further. The US dollar index - which measures the currency against a basket of six developed-market peers, including the euro, sterling and yen - edged 0.05% lower to 103.58 on Friday, bringing declines this week to 0.53%. On Thursday, the rupee ended 6 paise lower at 82.79 a dollar.

Sensex fell 255 points at 64,831, while the broader Nifty lost 93 points to settle at 19,253. Stocks that were in focus included names like RVNL, which rose 2.1%, Gland Pharma, which gained 9.68%, and United Spirits, whose shares declined 0.35% on Thursday. Here's what Amol athawale, Technical Analyst-VP at Kotak Securities, recommends investors should do with these stocks when the market resumes trading todayRVNL — NeutralIn this week so far, the stock rallied over 5%. After a long consolidation, eventually the stock cleared the short-term resistance of 129 and formed a bullish candle on weekly charts, which is largely positive. However, the larger texture of the stock is still non-directional.

Day trading guide for today: Following mixed global market sentiments, Indian stock market swing between gains and losses on Thursday session and finally ended in red territory. NSE Nifty snapped its three days winning streak and finished 93 points lower at 19,253 whereas BSE Sensex dipped 255 points and closed at 64,831 levels.

mutual fund (MF) houses are busy launching new schemes. At least six MF houses new fund offers (NFOs) will close this month. Navi S&P BSE Sensex Index Fund, Shriram Multi Asset Allocation Fund NFOs will close today, while Quant Teck Fund, Quant Teck Fund, WhiteOak Capital Multi Cap Fund, and DSP Multi Asset Allocation Fund NFOs will close later this month.

Nifty also indicate a tepid start for the Indian benchmark index. The Gift Nifty was trading flat at around 19,389 level as compared to the Nifty futures’ previous close of 19,428.30. On Thursday, the market failed to sustain intraday gains and ended lower amid the monthly derivatives expiry.

Buy or sell stocks for today: After swinging between gains and losses for the entire session, Indian stock market finally ended lower on Thursday. NSE Nifty snapped its three days winning streak and finished 93 points lower at 19,253 whereas BSE Sensex dipped 255 points and closed at 64,831 levels. Bank Nifty index nosedived 243 points and ended at 43,989 mark.

₹6 trillion, or a third of the ₹17.9 trillion estimated in the union budget for FY24, data from the Comptroller General of Accounts (CGA) showed on Thursday.This week, reports on job openings, consumer confidence and inflation in the US stoked hopes on Wall Street that the Fed may hold rates steady at its next policy meeting in September.India's gross domestic product (GDP) grew by 7.8 per cent in the April-June quarter of current fiscal (2023-2024), compared to a growth of 6.1 per cent in the previous January-March quarter of fiscal 2022-23, according to official data shared by the National Statistical Office.On a year-on-year basis, the GDP print recorded in the correpsonding period last year was 13.1 per cent. The Q1FY24 economic growth is the highest in four quarters, largely driven by a robust services sector, and strong capital expenditure.

Indian stock market is expected to open on a tepid note Friday on the back of mixed global cues. Asian markets traded mostly higher, while the US stock market ended mixed overnight amid the release of key economic data that raised hopes that the US Federal Reserve may not hike interest rates further. Investors await the US employment data due on Friday for clues on the Fed’s monetary policy outlook.