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 #03SEPTEMBER2024

September 03, 2024

INDIAN MARKETS:

On September 02, At the close, the Sensex increased by 194.07 points or 0.24% to 82,559.84, while the Nifty rose by 42.80 points or 0.17% to 25,278.70.

US MARKETS:

The US markets were shut on Monday on account of Labor Day

 

ASIAN MARKETS:

The Topix rose by 0.78%, and the Nikkei increased by 0.54%. Meanwhile, Taiwan's index declined by 0.14%, and the Kospi edged up by 0.09%.

 

OIL & GAS UPDATES:
US West Texas increased by 0.57%, while Brent Crude decreased by 0.32%.


KEY STOCKS TO WATCH:

Adani Green Energy: The board has approved a $444 million investment from TotalEnergies to form a 50:50 joint venture with Adani Green Energy, which will manage a 1,150 MWac portfolio.

Hindustan Aeronautics: The government has approved the procurement of 240 aero-engines for the Su-30MKI aircraft from the company at a cost of over Rs 26,000 crore.

Gensol Engineering: Gensol and Matrix Gas & Renewables won the bid for a Rs 164 crore bio-hydrogen project that will convert 25 tons of bio-waste into 1 ton of hydrogen per day.

Lemon Tree Hotels: The company has signed a deal for an 80-room hotel in Gir, Gujarat, managed by its subsidiary Carnation Hotels, set to open in FY30.

Welspun Corp: The board approved a $100 million investment in its US subsidiary for upgrading pipe manufacturing and coating capabilities.

Hindustan Composites: The company will acquire 1.5 lakh equity shares of Swiggy by investing Rs 5.175 crore.

Indian Energy Exchange: The company's subsidiary, ICX, has entered into an agreement with international partners to issue Renewable Energy Certificates in India.


FII/DII DATA:

1. FIIs net BOUGHT Rs 1,735.46 crore worth shares on 02 September.

2. DIIs net BOUGHT Rs 356 crore worth shares on 02 September.

Thank you, have a great Trading Day ahead!!

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