SENSEX 73,651.35 655.04 (0.90%)
INDIA VIX 12.83 0.13 (1.02%)
NIFTY 200 12,329.75 110.75 (0.91%)
NIFTY 50 22,326.90 203.25 (0.92%)
NIFTY AUTO 21,419.10 272.90 (1.29%)
NIFTY BANK 47,124.60 338.65 (0.72%)
NIFTY ENERGY 39,020.60 330.45 (0.85%)
NIFTY FIN SERVICE 20,989.10 196.70 (0.95%)
NIFTY FMCG 53,949.20 405.65 (0.76%)
NIFTY INFRA 8,336.00 79.80 (0.97%)
NIFTY IT 34,898.15 153.80 (0.44%)
NIFTY MEDIA 1,795.85 12.75 (-0.70%)
NIFTY METAL 8,257.20 102.25 (1.25%)
NIFTY PHARMA 18,996.15 227.75 (1.21%)
NIFTY PSU BANK 7,007.25 178.70 (2.62%)
NIFTY PVT BANK 23,555.85 82.25 (0.35%)
NIFTY REALTY 900.65 4.90 (0.55%)

#STREETGAINS #MARKETSVIEW #9THMARCH2023

March 09, 2023

#STREETGAINS  #MARKETSVIEW #9THMARCH2023

US MARKETS

On Wednesday, the S&P 500 index had a small increase in a session that lacked a clear direction, while Treasury yields saw a slight rise. This happened as various economic data were released, which seemed to support Federal Reserve Chairman Jerome Powell's comments during his second day of congressional testimony. Powell reiterated that the central bank would continue to gradually increase policy rates until inflation has subsided.

The Dow Jones Industrial Average declined by 58.06 points or 0.18 percent, closing at 32,798.4. The S&P 500, on the other hand, increased by 5.64 points or 0.14 percent, closing at 3,992.01. The Nasdaq Composite had the strongest performance, adding 45.67 points or 0.4 percent, closing at 11,576.00

 

ASIAN MARKETS

On Thursday, Asia-Pacific shares experienced an overall rise, driven in part by the start of the Bank of Japan's two-day monetary policy meeting. Investors were keeping an eye out for any potential policy changes that may come alongside the final meeting for BOJ governor Haruhiko Kuroda.

Japan's Nikkei 225 increased by 1 percent, while the Topix climbed by 0.84 percent in its first hour of trade. The Kospi inched up by 0.2 percent, and Australia's S&P/ASX 200 was trading at the flatline.

 

SGX NIFTY

Trends in the SGX Nifty indicate a flat opening for the broader index in India with a gain of 7 points. The Nifty futures were trading around 17,807 levels on the Singaporean exchange.

BUZZING STOCKS: Bharat Forge, Kirloskar Oil Engines, Ramkrishna Forgings, Jindal Stainless and Shoppers' Stop, SeQuent Scientific, Arunjyoti Bio Ventures and ISMT in news today

 

OIL & GAS UPDATES:

1. On Wednesday, oil prices experienced a decline due to concerns that the United States' more aggressive interest rate hikes could lead to economic growth and oil demand pressure, outweighing a larger-than-expected draw in US crude stocks.

2. Brent crude futures decreased by 63 cents or 0.8 percent, closing at $82.66 per barrel, while US West Texas Intermediate (WTI) crude futures slipped by 92 cents or 1.2 percent, closing at $76.66 a barrel.

 

FII/DII DATA:

1. FIIs net BOUGHT Rs 3,671.56 cr worth shares on March 8

2. DIIs net SOLD Rs 937.80 cr worth shares on March 8

 

F&O BAN: BALRAMCHIN

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