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#STREETGAINS #MARKETSVIEW #11SEPTEMBER2024
September 11, 2024
INDIAN MARKETS:
On September 10, both Sensex and Nifty saw gains for the second consecutive session, boosted by IT, telecom, power, and healthcare sectors. The Sensex rose 362 points to 81,921, while Nifty gained 105 points, reaching 25,041.
US MARKETS:
The Dow Jones Industrial Average dropped 92.63 points (0.23%) to 40,736.96, while the S&P 500 rose by 24.47 points (0.45%) to 5,495.52, and the Nasdaq Composite gained 141.28 points (0.84%) to 17,025.88.
ASIAN MARKETS:
Topix declined by 0.54%, Nikkei fell by 0.44%, Hang Seng
dropped by 1.06%, Taiwan edged down by 0.05%, and Kospi decreased by 0.51%
compared to the previous close.
OIL & GAS UPDATES:
US West Texas Crude is priced at $66, while Brent Crude stands at $68.41.
KEY STOCKS TO WATCH:
Ashoka Buildcon has sold its 90% stake in ABL Indira Projects JV LLP for Rs 5.44 crore and received payment.
Astra Microwave Products signed an MoU with Premier Explosives for a strategic alliance to develop and sell products jointly.
Oil India signed an MoU with OVL, KABIL, and IRH, UAE, for cooperation in critical mineral supply chains.
Genus established two wholly-owned step-down subsidiaries on September 10, 2024.
Reliance Retail Ventures and Delta Galil formed a strategic
partnership to expand Delta Galil's presence in India.
FII/DII DATA:
1. FIIs net BOUGHT Rs 2,208 crore worth shares on 10 September.
2. DIIs net SOLD Rs 275 crore worth shares on 10 September.
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