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.
Domestic equity benchmarks Sensex and Nifty are expected to begin in the red zone on Thursday's trading session, following weak performances in both US and Asian stock markets. On Wednesday, August 7, the indices ended higher amidst gains in financial, energy, and IT sector stocks, but all eyes will be on several companies set to report their quarterly performance and the ongoing taxation updates. Stay updated on the latest business news, stock market updates, and tax calculations through Zee Business's various platforms.
After a sharp fall on Monday, domestic markets are expected to open positively as global markets rebound. Despite not facing a major decline like other global markets, Indian stocks have turned cautious according to analysts. They predict that while large-caps will remain stable, small-cap and mid-cap stocks may face pressure. The Gift Nifty at 24,288 is an indication of a 200 point opening, showing strong buying at lower levels.
The GIFT Nifty saw impressive gains of 650 points in response to a strong rebound from global markets. The Dow Jones had its best day of 2024 on Friday with support from a 7.5% rebound in Salesforce, despite a flat Nasdaq due to declines in NVIDIA, Tesla, and Netflix. Concerns over inflation were also addressed with Personal Consumption Expenditure at 2.7% and Core PCE at 0.2%, while the 10-year bond yield slipped below 4.5%. Investors are optimistic about the market's recovery after recent volatility.
Indian domestic equity benchmarks Nifty 50 and Sensex are expected to open at new record highs following the announcement of exit polls and ahead of the general assembly election results. The GIFT Nifty futures are also showing a strong upward trend, currently up 3.52%. Stay tuned for minute-by-minute market updates, expert views, investment ideas, and more throughout the day. Don't miss out on the latest in the business world - keep an eye on this space!
The Indian stock markets, Nifty 50 and Sensex, are likely to start the day in red, as indicated by GIFT Nifty futures. Zee Business Managing Editor Anil Singhvi offers his views on the current market situation and provides insights on Nifty50 and Nifty Bank levels for April 2. Some major companies, such as Hero MotoCorp and Ashok Leyland, have already released their monthly sales numbers and others like Maruti Suzuki, Tata Motors, and Eicher Motors are expected to do so today. Telecom companies like Reliance Industries, Vodafone Idea, and Bharti Airtel will also be in the spotlight following the release of subscriber data by TRAI for January.