SGX Nifty is down 55.5 points that signals a weak to flat opening for the Indian stock market.
In early morning trade deals on Thursday Japanese Nikkei is down 1.61 percent, Hong Kong’s Hang Seng is trading flat with 0.03 percent higher whereas Chinese Shanghai is down by 0.17 percent.
Indian markets were closed yesterday for Ganesh Chaturthi Festival. On Wall Street, Dow Jones shed 0.80 per cent, Nasdaq went off 0.56 per cent, S&P 500 lost 0.78 per cent.
U.S. stocks ended the month with their fourth straight daily decline on Wednesday, cementing the weakest August performance in seven years as worries about aggressive interest rate hikes from the Federal Reserve persist.
?Tata Motors acquired the entire shareholding of Marcopolo S A in the joint venture entity Tata Marcopolo Motors. With this, Tata Marcopolo Motors has become a wholly owned subsidiary of Tata Motors.
?Inox Wind company has received the board approval to raise up to Rs 800 crore through the issuance of non-convertible preference shares to promoters on a private placement basis. The funds raised through the issuance of NCPRPS will be used for repayment of the debt.
?Zee Entertainment Enterprises company has signed a strategic licensing agreement with Star India (Disney Star). With this agreement, Disney Star will lease the television broadcasting rights of the International Cricket Council’s (ICC) Men’s and Under 19 (U-19) global events for a period of four years, to the company.
?Cipla and Kemwell India have entered into an “amendment cum assignment agreement”. As per the agreement, the joint venture entity will now be incorporated in the United States of America. There is no other material change in the agreement.
?Infosys sells stake in Trifacta Inc. The Indian IT company has divested its entire holding in US-based Trifacta Inc for $12 million. The transaction was completed on August 29. Infosys had made a minority investment of $10 million during 2016-2019, in Trifacta Inc, a data engineering software company headquartered in San Francisco, USA.
?Foreign institutional investors (FIIs) have net bought ₹4,165.86 crore worth of shares, whereas domestic institutional investors (DIIs) have net sold ₹656.72 crore worth of shares on August 30, as per provisional data available on the NSE.
Key Equity Indices
EMERGING | LATEST | % 1D |
Hang Seng | 19,954 | 0.0 % |
Shanghai Composite | 3,202 | (0.8) % |
DEVELOPED | LATEST | % 1D |
Dow Jones | 31,510 | (0.9) % |
DAX | 12,835 | (1.0) % |
FTSE 100 | 7,284 | (1.1) % |
Nikkei | 28,092 | (0.4) % |
Straits Times | 3,222 | (0.6) % |
This Diwali, we present a portfolio that reflect both sector-specific and stock-specific opportunities. With 2…
Thank you for showing interest in taking a BTST position using our Delivery Plus product.…
Thank you for showing interest in the consultation on trading strategies! Our expert will reach…
Even if you are a new participant in the stock market, the process of buying…
A company’s debt position can be gauged using the interest coverage ratio or ICR. This…
Muhurat Trading, a cherished tradition in the Indian stock market, takes place on Diwali, the…