{"id":39273,"date":"2024-07-22T08:49:47","date_gmt":"2024-07-22T03:19:47","guid":{"rendered":"https:\/\/flattrade.in\/kosh\/?p=39273"},"modified":"2024-07-22T08:56:09","modified_gmt":"2024-07-22T03:26:09","slug":"gift-nifty-indicates-a-negative-start-for-the-indiasn-stock-indices-the-us-markets-ended-lower-due-to-a-global-software-glitch-the-asian-markets-also-traded-lower-tracking-the-wall-street","status":"publish","type":"post","link":"https:\/\/flattrade.in\/kosh\/gift-nifty-indicates-a-negative-start-for-the-indiasn-stock-indices-the-us-markets-ended-lower-due-to-a-global-software-glitch-the-asian-markets-also-traded-lower-tracking-the-wall-street\/","title":{"rendered":"Gift Nifty indicates a negative start for the Indian stock indices; The US markets ended lower due to a global software glitch; The Asian markets also traded lower tracking the Wall Street"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"39273\" class=\"elementor elementor-39273\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4f554e53 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4f554e53\" 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-32d5263b\" data-id=\"32d5263b\" 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-98a6bfd elementor-widget elementor-widget-text-editor\" data-id=\"98a6bfd\" 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 benchmark indices, Sensex and Nifty 50, are expected to open lower on Monday tracking weak cues from global peers.<\/span><\/p><p><span style=\"color: #000000;\">Gift Nifty was trading around 24,401 level, a discount of nearly 135 points from the Nifty futures\u2019 previous close, indicating a negative start for the Indian stock market indices.<\/span><\/p><p><span style=\"color: #000000;\">The US stock market slumped Friday as the global technical outage caused by a software glitch added uncertainty to an already anxious market.<\/span><\/p><p><span style=\"color: #000000;\">The Dow Jones Industrial Average declined 377.49 points, or 0.93%, to 40,287.53, while the S&amp;P 500 fell 39.59 points, or 0.71%, to 5,505. The Nasdaq Composite ended 144.28 points, or 0.81%, lower at 17,726.94.<\/span><\/p><p><span style=\"color: #000000;\">Asian markets traded lower on Monday amid news of US President Joe Biden dropping out of the presidential race and as investors look out for the People\u2019s Bank of China\u2019s loan prime rate decision.<\/span><\/p><p><span style=\"color: #000000;\">MSCI&#8217;s broadest index of Asia-Pacific shares outside Japan eased 0.2%, having shed 3% last week. Japan\u2019s Nikkei 225 fell 0.5%, while the Topix declined 0.41%. South Korea\u2019s Kospi dropped 0.16%, while the Kosdaq fell 0.39%. Hong Kong\u2019s Hang Seng index indicated a marginally higher 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-5e15a0ca elementor-widget elementor-widget-text-editor\" data-id=\"5e15a0ca\" 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>Vedanta:<\/strong> The company closed its Qualified Institutions Placement (QIP) issue, raising Rs 8,500 crore by selling 19.31 crore equity shares at Rs 440 per share. Institutional investors including Morgan Stanley, Societe Generale, SBI MF, Nippon MF, ICICI Mutual Funds, and Copthall Mauritius Investment participated.<\/span><\/p><p><span style=\"color: #000000;\"><strong>JSW Infrastructure:<\/strong> India\u2019s second-largest private commercial port operator acquired the Under Development Slurry Pipeline Project from JSW Utkal Steel, a wholly-owned subsidiary of JSW Steel, for Rs 1,700 crore. They will enter a 20-year long-term take-or-pay agreement to transport iron ore through the pipeline.<\/span><\/p><p><span style=\"color: #000000;\"><strong>Oil and Natural Gas Corporation:<\/strong> ONGC Videsh signed a definitive Sale Purchase Agreement (SPA) to acquire a 0.615% participating interest in the offshore Azeri Chirag Gunashli (ACG) oil field in Azerbaijan from Equinor. Additionally, it will acquire 0.737% shares of the Baku Tbilisi Ceyhan (BTC) pipeline company through its subsidiary ONGC BTC. The acquisitions, totaling up to USD 60 million, are expected to be completed in the coming months.<\/span><\/p><p><span style=\"color: #000000;\"><strong>EMS:<\/strong> The company has received a Letter of Acceptance from the Uttarakhand Urban Sector Development Agency for the Development of the Water Supply and Sewerage System in Vikas Nagar, Dehradun. The order value is Rs 535.19 crore, with EMS holding a 95% share along with another joint venture partner for an 18-year operation and maintenance (O&amp;M) period.<\/span><\/p><p><span style=\"color: #000000;\"><strong>Allcargo Gati:<\/strong> Total volume, including surface and air express, stood at 1,00,000 tonnes in June 2024, marking a marginal MoM decline of 3% and a YoY decline of 2%. The company reported a 1% improvement in yield compared to the previous month, driven by a better product mix.<\/span><\/p><p><span style=\"color: #000000;\"><strong>Anant Raj:<\/strong> Subsidiary Anant Raj Cloud entered into a Memorandum of Understanding with Google LLC to collaborate on providing data center infrastructure, managed services, and cloud platforms to public and private enterprises. They also plan to develop innovative technological solutions for potential customers.<\/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-722212c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"722212c\" 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-5e40733\" data-id=\"5e40733\" 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-6388682 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"6388682\" 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 benchmark indices, Sensex and Nifty 50, are expected to open lower on Monday&hellip;","protected":false},"author":5,"featured_media":38187,"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-39273","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 negative start for the Indian stock indices; 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