Govt to Amend CPSE Capital Restructuring Guidelines, India's Net GST Mopup Growth Slows to 6.5% in August, Rupee 2nd Worst Performing Asian Currency, India's Jan-June Trade Surplus with 151 Nation...
Daily Equity Dashboard
World Stock Market Indices Heat Map as on 02/09/24 at 08:50 am. (Source: CNN)
Today's Top Headlines You Can't Miss
New MSME credit assessment model for PSBs may see March 2025 launch.
India's net GST mopup growth slows to 6.5% in August, shows govt data.
UPI numbers scale fresh peak in August; volume up, value dips marginally.
Rupee second-worst performing Asian currency against greenback in Aug.
Govt to amend CPSE capital restructuring guidelines for dividend payment.
'India has trade surplus with 151 nations; deficit with 75 during Jan-June'.
Custodians plan to charge higher fee from foreign portfolio investors.
August freeze: Cash turnover caught in valuation cold snap, shows data.
Street Signs: F&O seismic shift, IPO fervour going strong, and more.
LTIMindtree and L&T Technology Services plug into high-growth nodes.
Mcap of 8 of valued firms surge Rs 1.53 trn; Airtel, Infosys top gainers.
FPIs inflow in equities drops to Rs 7,320 cr in August on higher valuations.
HDFC, Nippon, ICICI hoist the folio trophy as 40 funds chase finish line
Top Local News
Godrej Properties tops among 21 realty cos with Q1 sales worth Rs 35k cr.
We have taken a temporary break from our partnership with Apple: HDFC Bank.
NBFCs may soon join technology credit wave on UPI-like innovation.
Fund houses to ask Sebi to cut maturity time for AT-1 bonds.
Commercial LPG price rises ₹39 per cylinder, ATF price cut 4.6%.
Russian crude flow to India declines in Aug, Iraq improves market share.
PVR INOX to close 70 non-performing screens in FY25 in Mumbai, Vadodara.
Biocon subsidiary gets USFDA nod for generic drug for chronic heart failure.
India's power consumption declines 4.7% to 144.2 billion units in Aug.
Raymond receiving large number of biz inquiries after B'desh crisis: CMD.
Schneider looks to raise India's share in industrial automation biz to 25%.
Tata Consumer Products completes merger of three subsidiaries in India.
Chinese import of goods like umbrellas, toys hurting Indian MSMEs: GTRI.
Labour ministry to launch revamped Shram Suvidha portal by year-end.
Gig workers to be soon registered on e-shram portal: Mandaviya.
Automotive players gear up for festive season with dealership expansion.
Sub-10 nm chips likely to steer 60% of India's semicon market by 2032.
RCap lenders accuse IIHL of using delaying tactics, firm denies allegations.
Bumpy ride: High stock, low demand drive domestic car sales down 2-3%.
Top International News
US Jobs Data to Help Fed Gauge the Extent of Its Moderation.
Seven & I shareholder urges company for negotiations with Couche-Tard.
China home sales slump continues despite government's rescue efforts.
Downed over 150 drones in biggest Ukrainian attack in ongoing war: Russia.
Wreckage of helicopter located in Russia's far east, 17 bodies found.
Israel recovers bodies of 6 hostages in Gaza, including Hersh Goldberg.
Confusion Clouds Libya’s Oil Output Amid UN Push to End Crisis.
With X blocked, Brazilian residents find new homes for their thoughts.
Exit polls say German far-right party to win eastern state in regional vote.
Harris criticizes Trump’s cemetery visit as disrespectful political stunt.
What to watch out for…
India - HSBC Manufacturing PMI for August, AGM : Delhivery.
Euro - HCOB Manufacturing PMI for August.
Japan - Manufacturing PMI for August.
China - Caixin Manufacturing PMI for August.
News related to Israel–Hamas conflict, Ukraine-Russia War, Inflation and Rate Cuts.
Key Highlights from Last Trading Session
Benchmark equity indices ended the week's last trading session at record high closing levels, fuelled by massive buying across sectors. The BSE Sensex added 231.16 points or 0.28 per cent to settle at 82,365.77. The index hit an all-time high of 82,637.03 during the intra-day trade. Meanwhile, mirroring the Sensex, Nifty50 too settled higher at 25,235.90, up 83.95 points or 0.33 per cent. The index hit an all-time high of 25,268.35 during the intra-day trade on Friday.
Broader indices ended higher with Nifty Midcap and Nifty Smallcap snapping a 2-session losing streak, as Nifty Midcap 100 and Nifty Smallcap 100 added 0.68 per cent and 0.48 per cent, respectively.
Among the sectors, Nifty IT and Pharma hit record highs, settling with gains of 0.46 per cent and 1.48 per cent, respectively. Meanwhile, Bank Nifty, Nifty PSU Bank, and Nifty Auto indices advanced for the second consecutive session. Also, Nifty Realty snapped a 2-session losing streak, led by Prestige, Phoenix Mills, and Oberoi Realty, ending the index higher by 1.83 per cent.
Market Data
Sources:- Moneycontrol, Economic Times, Times of India, CNBC, CNN, Business Standard and AMFI.