sensex today: Stock Market LIVE Updates: Sensex, Nifty gyrate between gains & losses; metals, PSU bank stocks bleed the most

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GMR Group on Friday said it will divest its entire 40% stake in Cebu International Airport in the Philippines for an upfront payment of Rs 1,330 crore and earnings to be received over a period of more than four years.

Price updated to 02 September 2022 11:02Click on company names for their live prices.

State-owned oil companies sold 16% more gasoline and 23.5% more diesel in August last year, as economic activity picked up momentum and sales at private dealers plummeted. Gasoline sales were 20.6% higher than August 2019 while diesel sales were 11.6% higher, according to preliminary sales figures obtained by state oil companies.

Price updated to 02 September 2022 10:50Click on company names for their live prices.

Despite yesterday’s failure to close above 17600, the moves did not resemble rejection trades, encouraging us to keep the day’s upside hopes alive, as long as above 17512. Failure to do so could indicate a vulnerability to 17335, but the bearish indicator for the 18600 trajectory could continue to be at 17250.

– Anand James – Chief Market Strategist at Geojit Financial Services

The BSE Midcap index outperforms the Sensex benchmark, rises by 0.30%

The BSE Midcap index outperforms the Sensex benchmark, rises by 0.30%

PORTI ADANI | Cargo volumes rise by 18% on an annual basis; the April-August average execution rate continues to be strong at 30.3 MMT

Price updated to 02 September 2022 10:06Click on company names for their live prices.

Voda Idea, Tata Steel, NTPC among the most active stocks on the NSE

Price updated to 02 September 2022 09:54Click on company names for their live prices.

MARKET NOW | Sensex clears all earnings, slips into red

MARKET NOW |  Sensex clears all earnings, slips into red

How cryptocurrencies are doing today

Market view: Dr. VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services

The market has returned to a phase of high volatility. The recent resilience of the Indian market can be attributed in large part to the fact that FIIs have turned to buyers. But this FII uptrend appears to be over in the near term, as evidenced yesterday by the FII sales figure of Rs 2290 cr. FIIs are also increasing their short derivatives positions. This is a rational response to the rise in the dollar index which yesterday hit a 20-year high of 109.6%. This and the yield on US 10-year bonds rising to 3.26% are unfavorable for emerging market equities and therefore investors need to be cautious in the short term.

US employment data to be released today and CPI numbers expected for September 13 will give an indication of the strength of the US economy and its influence on the US Fed rate decision later this month.
The near-term outlook for the market has turned bearish due to volatility. Investors can use deep market cuts to buy domestic cyclical stocks such as automobiles which are showing strong resilience supported by healthy and improving fundamentals.

The real estate index leads sectoral gains; check out the best artists in the pack

Price updated to 02 September 2022 09:23Click on company names for their live prices.

Industry supervision | All indices are trading in green

Industry supervision |  All indices are trading in green

Opening bell: Sensex bounces 200 points; Elegant close to 17,600; NTPC leaps by 3%, Adani Enterprises by 2%

Opening bell: Sensex bounces 200 points;  Elegant close to 17,600;  NTPC leaps by 3%, Adani Enterprises by 2%

Asian equities struggle ahead of US payrolls report

Asian equities were mixed and the dollar held high Friday ahead of a key US employment report as investors braced for more aggressive rate hikes from the Federal Reserve, while commodities took a dip overnight in the midst of China’s new blocs.

SGX Nifty signals a positive start

Nifty futures on the Singapore exchange traded 43.5 points, or 0.25% higher at 17,612, signaling that Dalal Street was headed for a positive start on Friday.

Quarterly earnings today

Modulex Construction, Mewar Hi-Tech Engineering and Celestial Biolabs are among the companies that will announce their quarterly earnings today.

Technical view: A drop in Nifty50 below 17,350 can give the bears the upper hand

After a gap down start, the Nifty50 ended up forming a small bullish candle on a daily scale on Thursday, but with a long upper wick, suggesting that the intraday recovery has been sold. Analysts said the ongoing consolidation in the 17,350-17,750 range will continue to move forward.

Oil companies on OPEC + bets will talk about production cuts to stem the drop in prices

Oil prices rose on Friday on bets that OPEC + will discuss production cuts at a September 5 meeting, but the benchmarks were still on track to record their worst weekly drop in fours due to fears that COVID- 19 can hold back China and weak global growth will affect demand.

Tokyo shares are trading lower ahead of US employment data

Tokyo shares traded lower on Friday morning ahead of US employment data arriving later in the day. The shares had opened slightly higher, but about half an hour into the session, the Nikkei 225 benchmark index fell 0.16%, or 45.40 points, to 27,616.07, while the broader Topix index fell 0.55%, or 10.56 points, to 1,924.93.

The S&P 500 interrupts a four-game losing streak with paychecks on the deck

A late rally helped the S&P 500 mark a four-session losing slip on Thursday with investor attention turning to a key job market report on Friday.

The rupee dips 4 paise to 79.56 against the dollar on forex outflows

The rupee fell 4 pairs on Thursday to close at 79.56 against the US dollar due to a stronger dollar in global markets and outflows of foreign funds from domestic equities.

Sensex, Nifty Thursday

The 30-share Sensex dropped 770 points to finish at 58,767. Its largest peer, Nifty50, lost 217 points to finish at 17,543.

Good morning, dear reader! Here is something to start your trading day

Good morning, dear reader!  Here is something to start your trading day

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