MarketBuzz

Indian shares are set for a strong start on Friday supported by gains in the global markets after comments by a US Federal Reserve official raised prospects of a rate cut by the central bank.

The BSE Sensex and NSE’s Nifty 50 settled nearly 1 percent lower in the previous session dragged by banking stocks after Yes Bank’s poor Q1 results.  The 30-share benchmark Sensex settled 318 points lower, or 0.81 percent, at 38,897. The broader 50-share NSE index ended lower at 11,597, down by 90 points, or 0.78 percent.

At 7.00 AM, SGX Nifty an early indicator of the Nifty 50's trend in India, traded 42 points, or 0.36 percent, higher at 11,644, indicating a positive start for the Sensex and the Nifty 50.

Stocks to watch: IndiGo, ACC, Jet Airways in focus.

Indian shares are set to open lower on Thursday, tracking weak Asian markets, as concerns over the US-China trade war are likely to weigh on investors' risk appetite. Trading will also be cautious amid the ongoing first-quarter earnings season and continued selling by foreign investors in domestic equity.

Indian benchmark indices ended marginally higher on Wednesday led by banking, IT and FMCG stocks. The Sensex ended 85 points higher at 39,216, while the broader Nifty50 index added 25 points to end at 11,687.

At 07:04 AM, SGX Nifty an early indicator of the Nifty 50's trend in India, traded 33 points, or 0.29 percent, lower at 11,640, indicating a negative start for the Sensex and the Nifty50.

Stocks to watch: Yes Bank, Wipro, Mindtree, Eveready Industries in focus.

Indian shares are expected to open lower on Wednesday, tracking losses in global markets. Investors are also cautious amid the ongoing first-quarter earnings season and continued selling by foreign investors. FIIs sold Rs 4,520 crore in the last 11 sessions.

Asian shares traded lower following US stocks overnight after Donald Trump said he could impose additional tariffs on China if he wants.

The BSE Sensex and NSE’s Nifty 50 advanced in the last session led by buying in banking, auto and FMCG. The Sensex ended 234 points higher at 39,131 while the broader Nifty50 index added 74 points to end at 11,663. 

At 7.20 AM, SGX Nifty an early indicator of the Nifty 50's trend in India, traded 17 points, or 0.15 percent, lower at 11,630, indicating a negative start for the Sensex and the Nifty 50.

Stocks to watch: IndiGo, BHEL, Suzlon, Tata Power in focus.

Indian shares are set for a flat start on Tuesday on the back of disappointing macroeconomic data and amid the June quarter earnings season.

India’s business sentiment in June hit the lowest level since 2016 due to slowing economic growth, water shortage, and regulatory hurdles, according to a survey by market research firm IHS Markit. Meanwhile, exports declined by 9.71 percent to $25.01 billion in June 2019.

Asian shares trade marginally higher ahead of US retail sales and amid corporate earnings.

Indian benchmark indices BSE Sensex and NSE’s Nifty 50 rose in the previous session led by IT stocks. The Sensex ended 160 points higher at 38,897 while the broader Nifty50 index added 36 points to end at 11,588.

At 7.20 AM, SGX Nifty an early indicator of the Nifty 50's trend in India, traded 7.5 points, or 0.06 percent, lower at 11,579, indicating a muted start for the Sensex and the Nifty 50.

Stocks to watch: DHFL, Ashok Leyland, HDFC Bank in focus.

Indian benchmark indices are likely to open little changed on Monday in line with global markets ahead of Chinese GDP data. Investors are also cautious amid ongoing June quarter earnings season.

Asian shares were down marginally in thin trades as Japanese markets were shut for a public holiday.

India’s retail inflation rate hit an eight-month high in June on higher food prices, but stayed below the RBI's medium-term target of 4 percent for an eleventh straight month.

On Friday, the Sensex ended 87 points lower at 38,736, while the broader Nifty50 index lost 35 points to end at 11,548.

At 7.00 AM, the SGX Nifty futures traded 6 points, or 0.05 percent, up at 11,552.50, indicating a flat start for the Sensex and the Nifty 50.

Stocks to watch: DHFL, IndiGo, SpiceJet, Jet Airways, ONGC in focus.

Indian shares are set for a mixed start on Friday following muted global cues and ahead of US-India trade talks beginning today. 

Asian shares edged lower over US-China trade concerns and ahead of the release of China’s June macroeconomic data. However, expectations of a Federal Reserve rate cut later this month kept losses in check.

On Thursday, Indian benchmark indices, Sensex ended 266 points higher at 38,823, while the broader Nifty50 index added 84 points to end at 11,583, driven by gains in metals, autos, and financials.

At 7.30 AM, SGX Nifty an early indicator of the Nifty 50's trend in India, traded 13.50 points, or 0.12 percent, lower at 11,568.50, pointing to a mixed start for the Sensex and the Nifty 50.

Stocks to watch:  IndiGo, Eveready Industries, Yes Bank in focus.

Indian shares are likely to open higher on Thursday, tracking gains in Asia, after US Federal Reserve chair Jerome Powell reinforced prospects of a US interest rate cut later this month.

Federal Reserve chairman Jerome Powell on Wednesday set the stage for the rate cut this month, as records from policymakers' latest meeting showed increasing fear that a US-China trade war that has done little to directly restrain growth is indirectly causing businesses to hold back on buying equipment, giving workers a raise and hiking their prices.

On Wednesday, the Sensex ended 174 points lower while the Nifty closed below 11,500 for the first time since May 17, dragged mainly by auto, metal and PSU Bank stocks.

At 7.40 AM, SGX Nifty an early indicator of the Nifty 50's trend in India, traded 45.50 points, or 0.40 percent, higher at 11,540, pointing to a higher start for the Sensex and the Nifty 50.

Stocks to watch: IndiGo, DHFL, HDFC in focus.

Indian shares are set for a flat start on Wednesday amid muted trades in global markets and post-Budget selling pressure.

Asian shares traded little changed following losses in US markets as investors await Fed chairman Jerome Powell's testimony before US Congress for further cues on Federal Reserve’s monetary policy.

Indian benchmark indices Sensex ended 10 points higher at 38,731, while the broader Nifty50 index lost 3 points to end at 11,556 today.

At 7.18 AM, SGX Nifty an early indicator of the Nifty 50's trend in India, traded 12 points, or 0.10 percent, higher at 11,573.50, pointing to a tepid start for the Sensex and the Nifty 50.

Stocks to watch: IndiGo, TCS, DHFL, State Bank of India in focus. 

Indian shares are likely to open little changed on Tuesday amid continued selling pressure over Budget proposals and mixed trades in global markets.

Asian shares traded marginally higher following losses in US stocks over fading hopes of a huge rate cut by the US Federal Reserve.

Indian benchmark indices BSE Sensex and NSE’s Nifty 50 plunged 2 percent, their biggest one-day fall this year, dragged mainly by shares of banking and financial services companies. The Sensex ended 793 points lower at 38,721, while the broader Nifty50 index lost 253 points to end at 11,559.

At 7.45 AM, the SGX Nifty futures traded 5 points, or 0.04 percent, lower at 11,563.50, pointing to a muted start for the Sensex and the Nifty 50.

Stocks to watch: Sensex, Nifty likely to open flat; TCS, Mindtree, Titan, Hero MotoCorp in focus.

Indian shares are expected to open lower on Monday as post-Budget pressure on equities likely to continue for the second day. Benchmark indices BSE Sensex and NSE’s Nifty 50 fell nearly 1 percent on Friday following various Budget proposals such as buyback tax on companies, higher taxes on the super-rich and raising the limit of minimum public shareholding.

The Sensex ended 395 points lower at 39,515, while the broader Nifty50 index lost 136 points to end at 11,811. 

Moreover, Asian shares traded lower after positive US jobs data tempered prospects of aggressive US Federal Reserve monetary policy.

 At 7.55 AM, SGX Nifty an early indicator of the Nifty 50's trend in India, traded 47.50 points, or 0.40 percent, lower at 11,770, pointing to a negative start for the Sensex and the Nifty 50. 

Stocks to watch: DHFL, Maruti Suzuki, Mindtree, PNB in focus.