• Sensex81559.54375.61(0.46%)
  • Nifty24936.484.25(0.33%)
  • USDINR83.940.01(0.01%)
Online tarding Partner With Us
BSE Prices delayed by 5 minutes ! Prices as on   Sep 09, 2024   ABB India 7599.25 [ 1.08% ]ACC 2458.25 [ 1.17% ]Ambuja Cements 630.5 [ 1.17% ]Asian Paints Ltd. 3281.45 [ 0.21% ]Axis Bank Ltd. 1170.65 [ 0.99% ]Bajaj Auto 10844.85 [ 0.16% ]Bank of Baroda 235.5 [ -0.13% ]Bharti Airtel 1542.6 [ 0.23% ]Bharat Heavy Ele 262.1 [ -0.64% ]Bharat Petroleum 347.7 [ -1.29% ]Britannia Ind. 5938.7 [ 1.59% ]Cipla 1620.15 [ 0.51% ]Coal India 484.6 [ -0.85% ]Colgate Palm. 3682.95 [ 0.75% ]Dabur India 661.95 [ 2.69% ]DLF Ltd. 826.6 [ 1.49% ]Dr. Reddy's Labs 6652.7 [ -0.26% ]GAIL (India) 217.8 [ -2.31% ]Grasim Inds. 2709.75 [ 0.56% ]HCL Technologies 1745.8 [ -0.48% ]HDFC 2729.95 [ -0.62% ]HDFC Bank 1647.5 [ 0.64% ]Hero MotoCorp 5741.35 [ 0.00% ]Hindustan Unilever L 2922.1 [ 2.95% ]Hindalco Indus. 658.7 [ -1.27% ]ICICI Bank 1237.85 [ 2.43% ]IDFC L 110.6 [ -0.45% ]Indian Hotels Co 666.1 [ 1.77% ]IndusInd Bank 1427.2 [ 1.35% ]Infosys L 1894.7 [ -0.39% ]ITC Ltd. 511.5 [ 1.96% ]Jindal St & Pwr 947.1 [ -0.72% ]Kotak Mahindra Bank 1790.2 [ 1.49% ]L&T 3577.75 [ 0.10% ]Lupin Ltd. 2216.95 [ -1.79% ]Mahi. & Mahi 2710.6 [ 0.50% ]Maruti Suzuki India 12149.75 [ -0.28% ]MTNL 55.36 [ -0.61% ]Nestle India 2516.35 [ 0.48% ]NIIT Ltd. 182.9 [ -2.74% ]NMDC Ltd. 207.55 [ -1.57% ]NTPC 389.95 [ -1.32% ]ONGC 298.95 [ -3.22% ]Punj. NationlBak 109.65 [ -0.27% ]Power Grid Corpo 328.55 [ -0.35% ]Reliance Inds. 2926.05 [ -0.13% ]SBI 784.3 [ 0.22% ]Vedanta 460.3 [ 0.09% ]Shipping Corpn. 249.6 [ -2.75% ]Sun Pharma. 1821.95 [ -0.08% ]Tata Chemicals 1052 [ -0.44% ]Tata Consumer Produc 1188.15 [ 1.18% ]Tata Motors 1038.6 [ -0.96% ]Tata Steel 149.4 [ -1.22% ]Tata Power Co. 417.85 [ 0.22% ]Tata Consultancy 4453 [ -0.10% ]Tech Mahindra 1579.95 [ -2.68% ]UltraTech Cement 11497.1 [ 0.62% ]United Spirits 1504.05 [ 2.88% ]Wipro 514.85 [ -1.09% ]Zee Entertainment En 133.05 [ -1.00% ]
BSE

MARKETS

News

MARKET COMMENTARY

Sep-09-2024 08:41

Benchmark equity indices BSE Sensex and Nifty50 were likely to start on a slow note on Monday, following Friday's sell-off in the US markets, when investors there made a dash for safe heaven assets there.

The GIFT Nifty is trading lower, indicating a negative start for the day. Nifty futures were trading at 24,830.5 at 07:00 am IST.

On Friday, the 30-share benchmark index ended at 81183.93 down by -1017.23 points or by -1.24 % and then NSE Nifty was at 24852.15 down by -292.95 points or by -1.17 %.



On the global front, Asian share markets slid on Monday after worries about a possible US economic downturn slugged Wall Street, while dragging bond yields and commodity prices lower as investors avoided risk assets for safer harbours. US stocks fell on Friday, weighed down by a jobs report that showed a continued labor market slowdown but left traders uncertain about how far the Federal Reserve will go in cutting interest rates.

All three main indexes were lower, with the 11 sectors of the benchmark S&P 500 losing ground led by declines in communication services, consumer discretionary and technology equities.

The S&P 500 and the Dow had their biggest weekly drop since March 2023, with the Nasdaq registering its biggest weekly drop since January 2022.

US Labor Department data showed US employers added 142,000 jobs in August, shy of analyst expectations, while jobs growth for July was revised down to 89,000, also below estimates.



The Dow Jones Industrial Average fell 410.34 points, or 1.01%, to 40,345.41, the S&P 500 lost 94.99 points, or 1.73%, to 5,408.42 and the Nasdaq Composite lost 436.83 points, or 2.55%, to 16,690.83. Back home, Top traded Volumes on NSE Nifty – State Bank of India 40220096.00, Tata Steel Ltd. 30709532.00, Oil And Natural Gas Corporation Ltd. 27946491.00, Power Grid Corporation of India Ltd. 23755639.00, Bharat Petroleum Corporation Ltd. 19044553.00,

On NSE, total number of shares traded was 614.35 Crore and total turnover stood at Rs. 128602.52 Crore. On NSE Future and Options, total number of contracts traded in index futures was 697048 with a total turnover of Rs. 46633.36 Crore. Along with this total number of contracts traded in stock futures were 1650180 with a total turnover of Rs. 129442.84 Crore. Total numbers of contracts for index options were 230609190 with a total turnover of Rs. 15731834.05 Crore. and total numbers of contracts for stock options were 6548515 with a total turnover of Rs. 532188.00 Crore.

The FIIs on 06/09/2024 stood as net buyer in equity and debt. Gross equity purchased stood at Rs. 17723.00 Crore and gross debt purchased stood at Rs. Crore, while the gross equity sold stood at Rs. 18782.07 Crore and gross debt sold stood at Rs. Crore. Therefore, the net investment of equity and debt reported were Rs. -1059.07 Crore and Rs.