SENSEX 81,688.45 808.65 (-0.98%)
INDIA VIX 14.13 0.96 (7.29%)
NIFTY 200 14,165.05 135.15 (-0.95%)
NIFTY 50 25,014.60 235.50 (-0.93%)
NIFTY AUTO 25,926.30 375.80 (-1.43%)
NIFTY BANK 51,462.05 383.15 (-0.74%)
NIFTY ENERGY 42,080.65 469.85 (-1.10%)
NIFTY FIN SERVICE 23,621.80 259.75 (-1.09%)
NIFTY FMCG 63,380.05 1,122.00 (-1.74%)
NIFTY INFRA 9,153.50 131.00 (-1.41%)
NIFTY IT 41,912.50 149.90 (0.36%)
NIFTY MEDIA 2,070.95 55.50 (-2.61%)
NIFTY METAL 10,113.20 41.80 (-0.41%)
NIFTY PHARMA 23,094.70 84.05 (-0.36%)
NIFTY PSU BANK 6,714.65 36.25 (0.54%)
NIFTY PVT BANK 25,583.45 195.55 (-0.76%)
NIFTY REALTY 1,031.80 17.20 (-1.64%)

#STREETGAINS #MARKETSVIEW #02SEPTEMBER2024

September 02, 2024

INDIAN MARKETS:

On August 30, At close, the Sensex rose 231 points (0.28%) to 82,365.77, and the Nifty gained 83.90 points (0.33%) to 25,235.90. There were 2,115 advancing shares, 1,630 declining shares, and 117 remained unchanged.

US MARKETS:

The S&P 500 gained 1.01% to close at 5,648.40 points, the Nasdaq Composite rose 1.13% to 17,713.62 points, and the Dow Jones Industrial Average increased by 0.55% to 41,563.08 points.

 

ASIAN MARKETS:

Topix increased by 0.42%, Nikkei rose by 0.70%, Taiwan gained 0.73%, and Kospi edged up by 0.14% from their previous close.

 

OIL & GAS UPDATES:
US West Texas Crude fell by 0.31%, while Brent Crude decreased by 0.38%.


AUTO SALES FOR AUGUST:

- Maruti Suzuki India: Total sales dropped 3.86% to 1,81,782 units. Domestic passenger vehicle sales fell 8.4%, and total domestic sales declined 5.3%. Export sales increased by 5.65%.

- Tata Motors: Total sales fell 8.1% to 71,693 units. Commercial vehicle sales decreased by 15.2%, while passenger vehicle sales dropped 3.15%.

- Eicher Motors: Royal Enfield sales fell 5%, and exports dropped 2%. VE Commercial Vehicles sales grew by 1%, with domestic sales up 2% and exports down 23.25%.

- VST Tillers Tractors: Total sales grew 9.4%, with power tillers sales up 11.2%, but tractor sales fell by 6.4%.


KEY STOCKS TO WATCH:

- Oil India has signed agreements with Indra Dhanus Gas Grid to enhance energy infrastructure in the North-East.

- The Government has granted Navratna status to SJVN, NHPC, and RailTel Corporation of India.

- NBCC India approved a bonus issue of one share for every two held, with a record date of October 7.

- Biocon's subsidiary received US FDA approval for Sacubitril/Valsartan and Daptomycin. Its Visakhapatnam API facility also received FDA clearance for commercial supplies.

- GPT Infraprojects won a Rs 204 crore project from South Eastern Railway.

- Emami acquired the remaining 49.6% stake in Helios Lifestyle, now owning 100%.

- Birla Estates (Century Textiles) signed a deal to co-develop a 131-acre land parcel in Noida with LGCPL Group.


FII/DII DATA:

1. FIIs net BOUGHT Rs 5,316 crore worth shares on 30 August.

2. DIIs net SOLD Rs 3,198 crore worth shares on 30 August.

Thank you, have a great Trading Day ahead!!



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