{"id":38973,"date":"2024-06-25T08:43:32","date_gmt":"2024-06-25T03:13:32","guid":{"rendered":"https:\/\/flattrade.in\/kosh\/?p=38973"},"modified":"2024-06-25T08:52:05","modified_gmt":"2024-06-25T03:22:05","slug":"gift-nifty-indicates-a-flat-for-the-indian-stock-indices-the-us-markets-ended-mixed-the-asian-markets-traded-higher-despite-the-wall-street-selloff-of-tech-stocks","status":"publish","type":"post","link":"https:\/\/flattrade.in\/kosh\/gift-nifty-indicates-a-flat-for-the-indian-stock-indices-the-us-markets-ended-mixed-the-asian-markets-traded-higher-despite-the-wall-street-selloff-of-tech-stocks\/","title":{"rendered":"Gift Nifty indicates a flat for the Indian stock indices; The US markets ended mixed; The Asian markets traded higher despite the Wall Street selloff of tech stocks"},"content":{"rendered":"\t\t
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PRE-MARKET REPORT<\/strong><\/span><\/p>

The domestic equity indices, Sensex and Nifty 50, are expected to open flat on Tuesday amid mixed global market cues.<\/span><\/p>

Gift Nifty was trading around the 23,570 level, a premium of nearly 15 points from the Nifty futures\u2019 previous close, indicating a muted start for the Indian stock market indices.<\/span><\/p>

The US stock market ended mixed on Monday with the Dow Jones hitting a one-month high, while the Nasdaq fell over 1%.<\/span><\/p>

The Dow Jones rallied 257.99 points, or 0.66%, to 39,408.32, while the S&P 500 declined 15.73 points, or 0.29%, to end at 5,448.89 points, and the Nasdaq Composite closed 190.19 points, or 1.09%, lower at 17,499.17.<\/span><\/p>

Asian markets traded mostly higher despite an overnight selloff in US tech stocks.<\/span><\/p>

Japan\u2019s Nikkei 225 rose 0.19% while the Topix gained 0.7%. South Korea\u2019s Kospi added 0.38% and the Kosdaq was up 0.35%. Hong Kong Hang Seng index futures indicated a higher opening.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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\"\"STOCKS TODAY<\/strong><\/span><\/p>

Borosil:<\/strong> The company announced the opening of its QIP on June 24, with a floor price set at Rs 331.75 per share. In January, the board had approved raising funds to Rs 250 crore via QIP.<\/span><\/p>

AU Small Finance Bank:<\/strong> The bank stated that the board will meet on June 27 to consider raising funds via private placement, QIP, preferential allotment, or any other alternative mode. The board will also consider borrowing or raising funds via debt instruments.<\/span><\/p>

Amara Raja Energy & Mobility:<\/strong> Subsidiary Amara Raja Advanced Cell Technologies signed a technical licensing agreement with GIB EnergyX Slovakia s.r.o., a subsidiary of Gotion High-Tech Co. As part of the agreement, GIB EnergyX will license Gotion\u2019s world-class LFP technology for lithium-ion cells to Amara Raja Advanced Cell.<\/span><\/p>

Shalby:<\/strong> The company has terminated its franchise agreement with Madhuban Orthopedic & Multispecialty Surgical Hospital, Udaipur, due to a breach of various terms and conditions of the agreement by the franchisee (Madhuban Orthopedic). This will not have any significant financial impact on the company\u2019s financial position.<\/span><\/p>

Craftsman Automation:<\/strong> The company has entered into a Memorandum of Understanding (MoU) with Sunbeam Lightweighting Solutions and Kedaara Capital Fund II LLP to acquire the whole or part of Sunbeam’s business (excluding certain specific assets in Gurugram) in one or more tranches.<\/span><\/p>

Maruti Suzuki India:<\/strong> The company has received a Show Cause Notice demanding Rs 5.4 crore from the Goods and Services Tax (GST) Authority, Gujarat, for the period from July 2017 to March 2023 due to input tax credit denial on certain services.<\/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

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\n\t\t\t\t\t\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\tOpen 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 indices, Sensex and Nifty 50, are expected to open flat on Tuesday amid…","protected":false},"author":5,"featured_media":37571,"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-38973","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":"\nGift Nifty indicates a flat for the Indian stock indices; 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