Sensex Today Live | Share Market Updates: Sensex, Nifty may open higher; Gift Nifty in green; RIL, SBI in focus
Top ten stocks that are likely to be in focus on Monday include SBI, Reliance, Delta Corp, Bajaj Finance, JSW Steel, SJVN, LIC, ICICI Lombard, and Blue Star. Canara Bank, Delta Corp, Granules India, Hindustan Copper, Indiabulls Housing Finance, and Manappuram Finance are the six stocks that are a part of the F&O ban list by the stock exchange today.Asian stocks traded on a cautious note on Monday as central banks around the world warned of higher interest rates for longer and investors braced for key inflation data from the US and Europe.
US markets closed lower on Friday. Markets will also be closely watching China's economic data for any signs of a recovery, after the country's GDP growth slowed to a record low of 2.6% in the second quarter of 2023.The US Federal Reserve is expected to raise interest rates by 75 basis points next week, while the European Central Bank is also likely to hike rates significantly at its meeting in September.
Oil prices were higher on Monday with Brent crude futures rose 0.5% to $93.73 per barrel and U.S. West Texas Intermediate crude futures also up 0.5% at $90.47.
The gold price was flat at $1,923.88 per ounce. Download the App to get 14 days of unlimited access to Mint Premium absolutely free! Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile!
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