SENSEX 82,948.23 131.43 (-0.16%)
INDIA VIX 13.37 0.78 (6.20%)
NIFTY 200 14,380.45 40.10 (-0.28%)
NIFTY 50 25,377.55 41.00 (-0.16%)
NIFTY AUTO 25,804.45 91.95 (-0.36%)
NIFTY BANK 52,750.40 561.75 (1.08%)
NIFTY ENERGY 42,350.70 298.10 (-0.70%)
NIFTY FIN SERVICE 24,326.90 335.35 (1.40%)
NIFTY FMCG 64,615.05 71.40 (-0.11%)
NIFTY INFRA 9,338.60 41.95 (-0.45%)
NIFTY IT 42,089.30 1,325.70 (-3.05%)
NIFTY MEDIA 2,107.70 6.35 (-0.30%)
NIFTY METAL 9,310.55 77.60 (-0.83%)
NIFTY PHARMA 23,025.20 358.45 (-1.53%)
NIFTY PSU BANK 6,676.95 1.55 (0.02%)
NIFTY PVT BANK 26,502.60 252.25 (0.96%)
NIFTY REALTY 1,063.75 2.45 (-0.23%)

#STREETGAINS #MARKETSVIEW #16SEPTEMBER2024

September 16, 2024

INDIAN MARKETS:

On September 13, Indian markets ended mostly flat as investors stayed cautious ahead of the Bank of Japan's policy decision and uncertainty around the Federal Reserve's rate cut. Nifty Realty led gains, rising 1.7%, followed by Nifty Media (+1.7%) and Nifty PSU Bank (+1.2%). Nifty Metal and Consumer Durables both added 0.9%, while Nifty FMCG was the biggest loser, down 0.7%, with Nifty Healthcare slipping 0.2%.

 

US MARKETS:

The Dow Jones Industrial Average climbed 297.01 points (0.72%) to 41,393.78, the S&P 500 added 30.26 points (0.54%) to 5,626.02, and the Nasdaq Composite rose 114.30 points (0.65%) to 17,683.98.

 

ASIAN MARKETS:

Topix fell 0.82%, Nikkei dropped 0.68%, Hang Seng declined 0.67%, while Taiwan rose 0.10% from the previous close.

 

OIL & GAS UPDATES:
US West Texas rose 0.28%, while Brent Crude increased by 0.13%.


KEY STOCKS TO WATCH:

1.Adani Power & Adani Green Energy: Maharashtra state DISCOM issues Letter of Intent for supply of 6,600 MW hybrid solar and thermal power.

Adani Green to supply 5 GW solar power from Khavda, and Adani Power to supply 1,496 MW thermal power from new ultra-supercritical capacity.

2. Dixon Technologies: Arm Padged Electronics signs MoU with Asus India for manufacturing notebooks.

3. Zydus Life: Arm signs exclusive licensing and supply agreement with US-based Viwit Pharmaceuticals for Gadobutrol and Gadoterate Meglumine injections for the US market.

4. Thermax: Bags repeat order worth ₹516 crore for setting up another 300 MW energy project from Jindal Energy, Botswana.

5. Lumax Auto: Acquires majority stake in Greenfuel Energy Solutions for 221 crores.

6. Exide Industries: Invests ₹100 crore in arm Exide Energy Solutions.

7. CDSL: Board approves the appointment of Nehal Vora as managing director and chief executive officer for five years.

8. Trident: Incorporates a unit in Singapore to expand business in the global market.

9. HEG: Increases investment limit to ₹250 crore from the previous


FII/DII DATA:

1. FIIs net BOUGHT Rs 2,364 crore worth shares on 13 September.

2. DIIs net BOUGHT Rs 2.532 crore worth shares on 13 September.

Thank you, have a great Trading Day ahead!!

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