{"id":39396,"date":"2024-07-31T08:58:07","date_gmt":"2024-07-31T03:28:07","guid":{"rendered":"https:\/\/flattrade.in\/kosh\/?p=39396"},"modified":"2024-07-31T09:06:45","modified_gmt":"2024-07-31T03:36:45","slug":"gift-nifty-indicates-a-flat-start-for-the-indian-stock-indices-the-us-markets-ended-mixed-due-to-selling-in-chip-and-mega-cap-stocks-the-asian-markets-also-traded-mixed-ahead-of-the-banks-interest","status":"publish","type":"post","link":"https:\/\/flattrade.in\/kosh\/gift-nifty-indicates-a-flat-start-for-the-indian-stock-indices-the-us-markets-ended-mixed-due-to-selling-in-chip-and-mega-cap-stocks-the-asian-markets-also-traded-mixed-ahead-of-the-banks-interest\/","title":{"rendered":"Gift Nifty indicates a flat start for the Indian stock indices; The US markets ended mixed due to selling in chip and mega-cap stocks; The Asian markets also traded mixed ahead of the Bank&#8217;s interest rate decisions in Japan"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"39396\" class=\"elementor elementor-39396\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4ca53e8f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4ca53e8f\" 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-2894bf21\" data-id=\"2894bf21\" 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-fa71471 elementor-widget elementor-widget-text-editor\" data-id=\"fa71471\" 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 indices, Sensex and Nifty 50, are expected to open on a muted note Wednesday tracking mixed cues from global markets.<\/span><\/p><p><span style=\"color: #000000;\">Gift Nifty was trading around the 24,920 level, a discount of nearly 15 points from the Nifty futures\u2019 previous close, indicating a muted start for the Indian stock market indices.<\/span><\/p><p><span style=\"color: #000000;\">The US stock market ended mixed on Tuesday weighed down by selling in chip and mega-cap stocks.<\/span><br \/><span style=\"color: #000000;\">The Dow Jones Industrial Average gained 203.40 points, or 0.5%, to 40,743.33, while the S&amp;P 500 fell 27.10 points, or 0.5%, to 5,436.44. The Nasdaq Composite ended 222.78 points, or 1.28%, lower at 17,147.42.<\/span><\/p><p><span style=\"color: #000000;\">Asian markets traded mixed on Wednesday ahead of the Bank of Japan\u2019s interest rate decision and China\u2019s business activity data.<\/span><\/p><p><span style=\"color: #000000;\">Japan\u2019s Nikkei 225 declined 0.84%, while the Topix fell 0.4%. South Korea\u2019s Kospi gained 0.48%, while the Kosdaq was flat. 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<div class=\"elementor-element elementor-element-6d255c59 elementor-widget elementor-widget-text-editor\" data-id=\"6d255c59\" 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>Infosys:<\/strong> Infosys has partnered with TDC Net, a Danish infrastructure provider, to transform TDC Net into a customer-centric technology company. The collaboration aims to modernize TDC Net&#8217;s IT infrastructure, enhance customer experience, and optimize service costs. Infosys will implement AI-driven hyper-automation and consolidate TDC Net&#8217;s IT systems to boost productivity.<\/span><\/p><p><span style=\"color: #000000;\"><strong>Torrent Power:<\/strong> Torrent Power reported an 88 percent YoY increase in first-quarter profit. Consolidated net profit rose to Rs 972 crore in the April-June quarter, from Rs 517 crore in the previous fiscal year. Revenue from operations rose 23.3 percent to Rs 9,034 crore.<\/span><\/p><p><span style=\"color: #000000;\"><strong>GAIL:<\/strong> GAIL reported a 93 percent YoY increase in net profit at Rs 2,723.98 crore in the first quarter of FY25, compared to Rs 1,412 crore in the previous fiscal year. Revenue from operations grew 5 percent YoY to Rs 34,063.26 crore, up from Rs 32,495.07 crore posted in the previous fiscal year.<\/span><\/p><p><span style=\"color: #000000;\"><strong>Varun Beverages:<\/strong> Varun Beverages&#8217; net profit for Q2FY24 grew 26 percent to Rs 1,253 crore for the June quarter. The company had posted a net profit of Rs 994 crore in the year-ago period. Revenue from operations increased 29 percent to Rs 7,333.6 crore for the same quarter, up from Rs 5,699.7 crore in Q1FY24.<\/span><\/p><p><span style=\"color: #000000;\"><strong>Tata Consumer:<\/strong> Tata Consumer Products reported a consolidated net profit of Rs 290 crore for Q1FY25, a fall of 8.5 percent YoY from Rs 317 crore in the year-ago period. Revenue increased 16 percent to Rs 4,352 crore in the three months ended June 30, compared to Rs 3,741 crore in the year-ago period.<\/span><\/p><p><span style=\"color: #000000;\"><strong>Dixon Technologies:<\/strong> Dixon Technologies has reported a 109 percent YoY increase in consolidated net profit at Rs 140 crore for the June quarter. The company reported a 101 percent rise in consolidated revenue to Rs 6,580 crore, up from Rs 3,272 crore in the year-ago period.<\/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-78f3159 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"78f3159\" 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-4fab4fa\" data-id=\"4fab4fa\" 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-e6d7f04 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"e6d7f04\" 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 indices, Sensex and Nifty 50, are expected to open on a muted&hellip;","protected":false},"author":5,"featured_media":37537,"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-39396","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 start for the Indian stock indices; 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