{"id":38203,"date":"2024-04-09T08:49:26","date_gmt":"2024-04-09T03:19:26","guid":{"rendered":"https:\/\/flattrade.in\/kosh\/?p=38203"},"modified":"2024-04-09T08:58:39","modified_gmt":"2024-04-09T03:28:39","slug":"gift-nifty-indicates-a-strong-start-for-the-indian-stock-indices-the-us-markets-ended-lower-the-asian-markets-traded-higher","status":"publish","type":"post","link":"https:\/\/flattrade.in\/kosh\/gift-nifty-indicates-a-strong-start-for-the-indian-stock-indices-the-us-markets-ended-lower-the-asian-markets-traded-higher\/","title":{"rendered":"Gift Nifty indicates a strong start for the Indian stock indices; The US markets ended lower; The Asian markets traded higher"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"38203\" class=\"elementor elementor-38203\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7eb35600 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7eb35600\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-40dfc55e\" data-id=\"40dfc55e\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ae8eca6 elementor-widget elementor-widget-text-editor\" data-id=\"ae8eca6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\"><strong>PRE-MARKET REPORT<\/strong><\/span><\/p><p><span style=\"color: #000000;\">Indian markets are likely to open on a positive note on Tuesday following gains in Asian peers ahead of this week&#8217;s U.S. inflation data.<\/span><\/p><p><span style=\"color: #000000;\">Gift Nifty was trading at 22,800 level, 50 points higher than the Nifty futures\u2019 previous close, indicating a strong start for benchmark Nifty.<\/span><\/p><p><span style=\"color: #000000;\">US stock market indices ended Monday\u2019s choppy session flat ahead of the crucial inflation data later this week.<\/span><br \/><span style=\"color: #000000;\">The Dow Jones Industrial Average eased 11.24 points, or 0.03%, to 38,892.80, while the S&amp;P 500 fell 1.95 points, or 0.04%, to 5,202.39. The Nasdaq Composite ended 5.44 points, or 0.03%, higher at 16,253.96.<\/span><\/p><p><span style=\"color: #000000;\">Asian markets traded higher on Tuesday. Japan\u2019s Nikkei 225 rose 0.67%, while the Topix gained 0.63%. South Korea\u2019s Kospi added 0.61% and the Kosdaq rose 0.59%. Hong Kong\u2019s Hang Seng index futures indicated a weaker opening.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3479f956 elementor-widget elementor-widget-text-editor\" data-id=\"3479f956\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\"><strong>STOCKS TODAY<\/strong><\/span><\/p><p><span style=\"color: #000000;\"><strong>Sula Vineyards:<\/strong> The country&#8217;s largest winemaker has recorded 10 percent growth in net revenue for Q4 as well as FY24. Net revenue for the March FY24 quarter stood at Rs 131.8 crore against Rs 120 crore in the same period last year, while full-year revenue came in at Rs 608.6 crore against Rs 553.4 crore in the previous year.<\/span><\/p><p><span style=\"color: #000000;\"><strong>Axis Bank:<\/strong> Bain Capital is all set to make a complete exit from the private sector lender as the US private equity major looks to dilute its balance stake and launch a fresh block deal of around $430 million, three people in the know told Moneycontrol. The offer price range is Rs 1,071\u2013Rs 1,076.05 per share.<\/span><\/p><p><span style=\"color: #000000;\"><strong>UCO Bank:<\/strong> The bank has reported total business at Rs 4.50 lakh crore for the quarter ended March FY24, growing 9.62 percent over the same period last fiscal, with total advances increasing 15.92 percent YoY to Rs 1.87 lakh crore and deposits rising 5.53 percent to Rs 2.63 lakh crore during the same period.<\/span><\/p><p><span style=\"color: #000000;\"><strong>HG Infra Engineering:<\/strong> The company has incorporated a wholly owned subsidiary, H G Chennai-Tirupati (II) Highway, as a special purpose vehicle (SPV) to undertake the highway project worth Rs 862.11 crore awarded by the National Highways Authority of India (NHAI) in Andhra Pradesh in Hybrid Annuity Mode.<\/span><\/p><p><span style=\"color: #000000;\"><strong>NCL Industries:<\/strong> The company said cement production grew by 4 percent year-on-year to 7.30 lakh MT, and cement dispatches rose by 4 percent to 7.39 lakh MT for the quarter ended March FY24. Cement board production increased by 17 percent to 21,976 MT, and dispatches were up 5 percent to 21,651 MT during the same period.<\/span><\/p><p><span style=\"color: #000000;\"><strong>Dixon Technologies (India):<\/strong> The company has entered into a share purchase agreement with Ismartu Singapore, Transsion Technology, 5A Advisors LLP, and Ismartu India for the acquisition of a 50.1 percent stake in Ismartu India, the electronics and mobile device manufacturer. The transaction will be subject to the approval of the Competition Commission of India.<\/span><\/p><p><span style=\"color: #000000;\"><strong>RBL Bank:<\/strong> Foreign investor Citigroup Global Markets Mauritius has bought 66.97 lakh equity shares (equivalent to 1.11 percent of total paid-up equity) in the private sector lender at an average price of Rs 255.4 per share via open market transactions, amounting to Rs 171.04 crore. Copthall Mauritius Investment was the seller in the deal.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-430a8bb elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"430a8bb\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-94d64f4\" data-id=\"94d64f4\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-97036ac elementor-align-center elementor-widget elementor-widget-button\" data-id=\"97036ac\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/flattrade.in\/open-trading-account-new?utm_source=Google&#038;utm_medium=cpc&#038;utm_campaign=Demat+Account&#038;utm_content=Sitelink&#038;gad_source=1&#038;gclid=CjwKCAiAibeuBhAAEiwAiXBoJOxqC930iY7l3H-v8_T8NDThnAYrAbLjBuxNLqjT1dLHLoWoH_LtLxoCH_0QAvD_BwE\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Open Free Demat Account<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"PRE-MARKET REPORT Indian markets are likely to open on a positive note on Tuesday following gains in Asian&hellip;","protected":false},"author":5,"featured_media":38207,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"csco_display_header_overlay":false,"csco_singular_sidebar":"","csco_page_header_type":"","csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_location_hash":"","csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"csco_post_video_bg_volume":false,"footnotes":""},"categories":[42],"tags":[46,48,692,693,47],"class_list":{"0":"post-38203","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-morninger","8":"tag-market-news","9":"tag-nifty-today","10":"tag-opening-bell","11":"tag-pre-market","12":"tag-sensex-today","13":"cs-entry","14":"cs-video-wrap"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Gift Nifty indicates a strong start for the Indian stock indices; 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