Global Events
World Markets.
US Market Negative
Dow Down 47 (-0.09%)
NASDAQ Down 86 (-0.32%), S&P Down 45 (-0.58)
European Market Mixed
FTSE Down 10 (-0.10%), CAC UP 12 (+0.14%),
DAX Down 1 (0.00%)
Asian Markets Mixed
Nikkei UP 152 (+0.23%), Hang S. Down 41 (-0.16%),
Taiwan UP 391 (+0.83%), Kospi UP 102 (+1.47), Shanghai UP 15 (+0.37%),
St.Ti Down 39 Points (-0.68%)
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US markets down, Europene and Asian markets mixed
Middle East tensions escalate
Oil surge above 99% hurts sentiment and near 7 week high
US bond yields edge higher at 4.79
Asian markets trade cautiously
Wall street Ends Lower
Chemicals PPI data at 3.8
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“Beauty has no validity but behavior has lifetime validity. A person’s intentions are revealed through their touch, emotions through their words, knowledge through their arguments and values through their behavior.”
FX Hub: Drivers of Global and INR Markets:
USDINR: Exp Range: 94.55-95.20
The rupee fell 28 paise to close at 94.84 against the USD as geopolitical tensions in West Asia and rising Brent crude prices weighed on investor sentiment. Crude prices climbed after the US attacked Iranian tankers near the Kharg Island crude export hub. ECB interest rate decision takes centre stage on Thursday, with a 25-basis-point hike fully priced in. According to the CME FedWatch Tool, markets see around a 60% chance that the Fed will raise interest rates by 25 bps at its September 15-16 meeting. Brent Crude prices at $99.31/bbl while DXY trading at 98.78 levels.
Global Markets:
South Korea's Kospi index was up 1%, helped by gains in both its chip giants -- Samsung Electronics Co and SK Hynix. The MSCI Asia Pacific index was up 0.4% with the IT sector contributing the most.
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Gift Nifty Down 69 (-0.29)
Dow Future Down 42
Nasdaq Future UP 64
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Domestic Events
Dollar Down 0.09 at 98.77
Rupees Down 0.32 paisa to close at 94.82 against US$
Sector Watch
Oil & Gas, Pharma, Cables, Aluminium, Copper, Mining, Steel, Shipping
Sector Avoid
OMCS, Banking, Realty, NBFC, Paints, Tyres
Indian Markets Trend
With gap down start sharp may seen on 3rd consistent day
Nifty-50 likely to break 23,550, Sensex 75,300 levels
Overall markets to remain under pressure during the session
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ALL EYES ON...
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Primary Markets
IPO Subscribed : Pranav Const. 19.28x on Day two
Kanohar Ele. 2.78x on Day One, Glasswall 2.61x on Day one
IPO Opens today : Rantomojo Rs. 384 to 404
Karamtara Rs. 241 to 254, LCC Proj. Rs. 139 to 146
Steam House Rs. 77 to 81, Asset Reconstruction Rs. 132 to 139
Manipal Payment Rs. 322 to 339, Prasol Chem 643 to 676
Today Listing
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Q-1 FY27 Results
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