After a holiday, domestic equity benchmarks Sensex and Nifty are predicted to open on a positive note in today's session. Both US and Asian markets also indicate positive trends. Here's a look at the global key indices, as well as the top gainers and losers of the Nifty 50 index. Additionally, a list of stocks that are likely to be in focus today is provided, including SBI, M&M, Vedanta Ltd, HZL, PNB, CIL, Bharti Hexacom, and more. Stay updated with the latest business news, stock market updates, and personal finance tips on Zee Business.
GIFT Nifty: A Positive Outlook for Indian Equities Post-Holiday
Background:
The GIFT (Gujarat International Finance Tec-City) Nifty is a derivative product that allows Indian investors to participate in Indian equity markets from abroad. It is a globally accessible exchange that operates under the regulatory framework of the International Financial Services Centre Authority (IFSCA).
Positive Market Predictions:
After the holiday, both the Sensex and Nifty are expected to open on a positive note. This optimism is driven by several factors:
Top Gainers and Losers of Nifty 50 Index:
As of the latest available data, the top gainers of the Nifty 50 index include:
The top losers of the Nifty 50 index include:
Stocks in Focus:
The following stocks are expected to be in focus during today's session:
FAQs:
1. What is the purpose of the GIFT Nifty?
The GIFT Nifty allows Indian investors to participate in Indian equity markets from outside India.
2. Is the GIFT Nifty regulated?
Yes, the GIFT Nifty is regulated by the International Financial Services Centre Authority (IFSCA).
3. What are the benefits of investing in the GIFT Nifty?
Investing in the GIFT Nifty provides global access to Indian equity markets, tax benefits, and diversification.
4. What factors influence the performance of the GIFT Nifty?
The performance of the GIFT Nifty is influenced by global market trends, domestic economic factors, and corporate earnings.
5. Is the GIFT Nifty a good investment option?
The GIFT Nifty can be a good investment option for investors who are looking for exposure to the Indian equity markets but are not based in India. However, as with all investments, it is important to conduct thorough research and consult with a financial advisor before making any decisions.
The Indian Ministry of New and Renewable Energy (MNRE) has granted an exemption to export-oriented green hydrogen projects from its Approved List of Models and Manufacturers (ALMM) of domestic solar module manufacturers. This move will allow developers to use cheaper imported solar modules, significantly lowering production costs and promoting the expansion of demand for green hydrogen and its derivatives. India plans to produce 5 million metric tons of green hydrogen per annum by 2030, with a focus on exports, as it aims to replace grey hydrogen in the domestic market.
Investing may seem like a serious, high-stakes endeavor, but it doesn't have to be all work and no play. According to experts, there are several ways to make investing fun and enjoyable while still building wealth. This includes learning about companies you already know and like, starting small, and framing investing as a learning adventure. By approaching investing with a sense of curiosity and enthusiasm, it can be a more engaging and rewarding experience.
This year's International Literacy Day, celebrated on September 8, is a reminder that literacy is not just about being able to read and write, but about providing individuals with the tools they need to participate fully in society and shape their own futures. Despite progress made, over 770 million people worldwide still lack basic literacy skills, with women disproportionately affected. The day calls for continued efforts to bridge this gap and create a more equitable and prosperous world for all.
News Track, a leading provider of news, information, and entertainment, has launched India's first mobile app for its newspaper called M_PAPER. The app is currently available for Android devices and smartphones, with plans to expand to other platforms in the near future. This move reflects News Track's commitment to innovation and adapting to the changing media landscape, where smartphones have become the primary source of news for many people.
Publishers of two weekly community newspapers, The Press and Crow River News, are expanding their reach to the northwestern and western areas of the Twin Cities metropolitan area. The Press will now serve the cities of Maple Grove, Osseo, Champlin, and Dayton, including Osseo Area School District 279 and Anoka-Hennepin School District 11. Meanwhile, Crow River News will cover St. Michael, Albertville, Rogers, Hanover, Corcoran, Medina, Rockford, and Greenfield, along with STMA District 885, Elk River 728, and Rockford Area School District 883. This move is expected to increase local coverage and provide more opportunities for businesses to connect with the community.
The competition between popular SUVs, Mahindra Scorpio N and Thar ROXX, is heating up as the latter is about to launch with even more advanced features than its rival, including a new Midnight Black exterior color option. While both vehicles offer different driving experiences, their price overlap has made it challenging for buyers to choose between the two. Additionally, Scorpio's overall sales saw a marginal decline in May amidst increasing demand for SUVs in the market.
Pakistan's leading E&P company, OGDCL, has achieved commercial production of tight gas from the Nur West Well-1 in Sindh. With a production capacity of 1.5 MMSCFD, the gas has been successfully integrated into the national supply network, signaling a major step towards meeting the country's growing energy demands. OGDCL's tight gas exploration and development roadmap is a testament to its commitment towards energy security and sustainable development in Pakistan.
Ben Affleck's idea, the "Argo" actor purchased a $68 million luxurious mansion with amenities to accommodate both families from his marriage with Jennifer Lopez. Despite it being on the market for weeks, the duo's property has failed to sell. Neither seeking spousal support during their talks to finalize their divorce, Affleck and Lopez are decided to divide their joint earnings. Amid troubles in paradise, Affleck quickly moved out of the Beverly Hills mansion.
After a clean sweep against Pakistan on their home turf, the Bangladesh cricket team is feeling confident and optimistic as they prepare for their upcoming challenges in the ICC World Test Championship. The 2-0 series win has propelled Bangladesh to fourth place in the WTC standings, just behind India, Australia, and New Zealand. Captain Najmul has spoken about the team's boosted morale and how they plan to approach their upcoming matches against India and South Africa. This series win against Pakistan is a significant achievement for Bangladesh, who had previously been winless in 13 attempts against the team.
Pakistan's territorial waters have yielded a huge deposit of petroleum and natural gas, a discovery so significant it could shape the country's destiny. The three-year survey, conducted in collaboration with a friendly nation, has allowed the government to identify the location of the resources and take necessary steps towards exploration and production. While the endeavor is a positive step towards boosting Pakistan's economy, it is also important to consider other valuable minerals that can be mined from the ocean.