{"id":39297,"date":"2024-07-24T08:52:00","date_gmt":"2024-07-24T03:22:00","guid":{"rendered":"https:\/\/flattrade.in\/kosh\/?p=39297"},"modified":"2024-07-24T08:55:45","modified_gmt":"2024-07-24T03:25:45","slug":"gift-nifty-indicates-a-negative-star5t-for-the-indian-stock-indices-the-us-markets-ended-lower-the-asian-markets-also-traded-lower-following-the-wall-street","status":"publish","type":"post","link":"https:\/\/flattrade.in\/kosh\/gift-nifty-indicates-a-negative-star5t-for-the-indian-stock-indices-the-us-markets-ended-lower-the-asian-markets-also-traded-lower-following-the-wall-street\/","title":{"rendered":"Gift Nifty indicates a negative start for the Indian stock indices; The US markets ended lower; The Asian markets also traded lower following the Wall Street"},"content":{"rendered":"\t\t
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PRE-MARKET REPORT<\/strong><\/span><\/p>

The domestic equity market indices, Sensex and Nifty 50, are expected to open lower on Wednesday tracking weakness in global peers.<\/span><\/p>

Gift Nifty was trading around 24,405 level, a discount of nearly 45 points from the Nifty futures\u2019 previous close, indicating a negative start for the Indian stock market indices.<\/span><\/p>

The US stock market ended marginally lower on Tuesday as investors focused on the latest earnings from Alphabet and Tesla.<\/span><\/p>

The Dow Jones Industrial Average declined 57.35 points, or 0.14%, to 40,358.09, while the S&P 500 eased 8.67 points, or 0.16%, to 5,555.74. The Nasdaq Composite ended 10.22 points, or 0.06%, lower at 17,997.35.<\/span><\/p>

Asian markets traded lower on Wednesday following overnight losses on Wall Street. Japan\u2019s Nikkei 225 was flat, while the Topix fell 0.23%. South Korea\u2019s Kospi was 0.7% lower, and the Kosdaq was down marginally. Hong Kong Hang Seng index futures indicated a flat 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>

Tata Consumer Products:<\/strong> The FMCG company has fixed July 27 as a record date for its Rs 3,000 crore rights issue. The rights issue price has been fixed at Rs 818 per share. The rights issue will open on August 5 and close on August 19.<\/span><\/p>

Bajel Projects:<\/strong> The company has received contracts for the supply of goods and services for a transmission line package from PowerGrid Corporation of India, amounting to Rs 586.28 crore.<\/span><\/p>

South Indian Bank:<\/strong> The bank said the board members will meet on July 30 to consider raising funds via the issuance of equity shares through preferential issue and\/or Qualified Institutions Placement (QIP) or any other methods on a private placement basis, or FPO.<\/span><\/p>

Titagarh Rail Systems:<\/strong> The company has commenced the export of traction converters. The first batch of 8 converters was shipped to Titagarh Firema SpA (Titagarh Firema), Italy, on July 19. This export is part of a 7.18 million euros (Rs 65 crore) order received by Titagarh Rail from Titagarh Firema.<\/span><\/p>

Dr Reddy\u2019s Laboratories:<\/strong> The Board of Directors of the pharma company will meet on July 27 to consider the sub-division of existing equity shares, including the American Depository Shares.<\/span><\/p>

Vedanta:<\/strong> The company, at its board meeting on July 26, will consider the second interim dividend on equity shares, if any, for FY25.<\/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 market indices, Sensex and Nifty 50, are expected to open lower on Wednesday…","protected":false},"author":5,"featured_media":38862,"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-39297","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 negative start for the Indian stock indices; 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