{"id":38908,"date":"2024-06-20T08:55:56","date_gmt":"2024-06-20T03:25:56","guid":{"rendered":"https:\/\/flattrade.in\/kosh\/?p=38908"},"modified":"2024-06-20T08:58:12","modified_gmt":"2024-06-20T03:28:12","slug":"gift-nifty-indicates-a-flat-to-positive-start-for-the-indian-stock-indices-the-us-markets-ended-with-little-gains-the-asian-markets-traded-mixed-ahead-of-chinas-loan-rates","status":"publish","type":"post","link":"https:\/\/flattrade.in\/kosh\/gift-nifty-indicates-a-flat-to-positive-start-for-the-indian-stock-indices-the-us-markets-ended-with-little-gains-the-asian-markets-traded-mixed-ahead-of-chinas-loan-rates\/","title":{"rendered":"Gift Nifty indicates a flat to positive start for the Indian stock indices; The US markets ended with little gains; The Asian markets traded mixed ahead of China&#8217;s loan rates"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"38908\" class=\"elementor elementor-38908\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4e4af4f2 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4e4af4f2\" 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-d76068\" data-id=\"d76068\" 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-f6620f6 elementor-widget elementor-widget-text-editor\" data-id=\"f6620f6\" 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;\">The domestic equity market is expected to open flat Thursday tracking mixed cues from Asian peers.<\/span><\/p><p><span style=\"color: #000000;\">Gift Nifty was trading around the 23,522 level, a premium of nearly 20 points from the Nifty futures\u2019 previous close, indicating a flat-to-positive start for the Indian stock market indices.<\/span><\/p><p><span style=\"color: #000000;\">US stock futures traded little changed. Futures tied to the S&amp;P 500 rose 0.05%, while Nasdaq 100 futures gained 0.2%. Dow Jones Industrial Average futures added 0.2%.<\/span><\/p><p><span style=\"color: #000000;\">Asian markets traded mixed as investors awaited China\u2019s one- and five-year loan prime rates.<\/span><\/p><p><span style=\"color: #000000;\">Japan\u2019s Nikkei 225 fell 0.28%, while the Topix eased 0.12%. South Korea\u2019s Kospi rose 0.06%, while the Kosdaq inched up 0.04%. Hong Kong\u2019s Hang Seng index futures indicated a lower 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-36af381c elementor-widget elementor-widget-text-editor\" data-id=\"36af381c\" 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>Infoedge:<\/strong> Allcheckdeals India Private Limited, a wholly owned subsidiary of Infoedge, has agreed to invest Rs 1 crore in its wholly owned subsidiary, NewInc Internet Services Private Limited. NewInc is in the business of providing internet, computer, and electronic data processing services.<\/span><\/p><p><span style=\"color: #000000;\"><strong>SPS Finquest:<\/strong> The company has received approval from the RBI for the proposed acquisition of 41,62,092 equity shares by its promoter, Sandeep Shah, along with Sanrina Consultancy Private Limited, a promoter group company. The company has also requested the delisting of its equity share capital from the BSE.<\/span><\/p><p><span style=\"color: #000000;\"><strong>Gensol Engineering:<\/strong> The company received the second tranche under the greenshoe option allotment of 250 MW\/500 MWh from Gujarat Urja Vikas Nigam Limited. This was for a standalone Battery Energy Storage Systems (BESS) project to reach 500 MW\/1000 MWh. The project will generate a total revenue of Rs 2,685 crore over the 12-year Battery Energy Storage Purchase Agreement (BESPA) tenure and will supply electricity on an \u201cOn-Demand\u201d basis to Gujarat State&#8217;s DISCOMs during peak and off-peak hours.<\/span><\/p><p><span style=\"color: #000000;\"><strong>Gokaldas Exports:<\/strong> The company has agreed to invest in BRFL Textiles Private Limited by subscribing through Optionally Convertible Debentures. In its first tranche, the company will subscribe for Rs 50 crores, with the remaining OCDs worth up to Rs 300 crores to be subscribed in multiple tranches. These funds will be utilized mainly to meet working capital needs, with a smaller portion allocated to capex requirements.<\/span><\/p><p><span style=\"color: #000000;\"><strong>Brigade Group:<\/strong> Brigade Group announced it would develop a third tower of the World Trade Center (WTC) at Infopark Kochi. The company signed a land lease agreement on June 19 for the Rs 150-crore project.<\/span><\/p><p><span style=\"color: #000000;\"><strong>KEI Industries:<\/strong> Operations at its plants situated in Rakholi and Chinchpada have been partially affected due to a strike that began on June 19. The company noted that there are no strikes at its other plants and that they are in discussion with labor contractors and workers to resolve the issue.<\/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-0fb0464 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"0fb0464\" 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-75afb13\" data-id=\"75afb13\" 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-6f363ea elementor-align-center elementor-widget elementor-widget-button\" data-id=\"6f363ea\" 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 The domestic equity market is expected to open flat Thursday tracking mixed cues from Asian peers.&hellip;","protected":false},"author":5,"featured_media":37651,"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-38908","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 flat to positive start for the Indian stock indices; 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