{"id":39548,"date":"2024-08-12T08:49:16","date_gmt":"2024-08-12T03:19:16","guid":{"rendered":"https:\/\/flattrade.in\/kosh\/?p=39548"},"modified":"2024-08-12T08:51:48","modified_gmt":"2024-08-12T03:21:48","slug":"gift-nifty-indicates-a-negative-opening-for-the-indian-market-indices-the-us-markets-ended-higher-recovering-their-previous-losses-the-asian-markets-traded-mixed-ahead-of-key-economic-data","status":"publish","type":"post","link":"https:\/\/flattrade.in\/kosh\/gift-nifty-indicates-a-negative-opening-for-the-indian-market-indices-the-us-markets-ended-higher-recovering-their-previous-losses-the-asian-markets-traded-mixed-ahead-of-key-economic-data\/","title":{"rendered":"Gift Nifty indicates a negative opening for the Indian market indices; The US markets ended higher recovering their previous losses; The Asian markets traded mixed ahead of key economic data"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"39548\" class=\"elementor elementor-39548\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-a2647c8 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a2647c8\" 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-44fff33f\" data-id=\"44fff33f\" 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-132b38b elementor-widget elementor-widget-text-editor\" data-id=\"132b38b\" 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 weak note Monday amid cautious investor sentiment after the latest Hindenburg report, and ahead of key domestic inflation data today amid mixed global market cues.<\/span><\/p><p><span style=\"color: #000000;\">Gift Nifty was trading around 24,370 level, a discount of nearly 30 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 ended higher on Friday, recovering most of its losses from the market rout earlier in the week.<\/span><\/p><p><span style=\"color: #000000;\">The Dow Jones Industrial Average gained 51.05 points, or 0.13%, to 39,497.54, while the S&amp;P 500 rose 0.47% to 5,344.16. The Nasdaq Composite closed 0.51% higher at 16,745.30.<\/span><\/p><p><span style=\"color: #000000;\">Asian markets traded mixed on Monday ahead of key economic data in the region this week. MSCI\u2019s broadest index of Asia-Pacific shares outside Japan edged up 0.2%.<\/span><\/p><p><span style=\"color: #000000;\">Japan markets were closed for a holiday. Nikkei futures traded at 35,370 compared to a cash close of 35,025. South Korea\u2019s Kospi gained 1.20% at open, while the Kosdaq rose 1.42%.<\/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-53089510 elementor-widget elementor-widget-text-editor\" data-id=\"53089510\" 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>Oil and Natural Gas Corporation:<\/strong> The company has received approval from the Government of India for the infusion of additional equity capital of up to Rs 10,501 crore in ONGC Petro Additions (OPaL), conversion of backstopped Compulsorily Convertible Debentures (CCDs) amounting to Rs 7,778 crore, and balance payment of Rs 86 crore to share warrants, totaling Rs 18,365 crore. This will change the status of OPaL into a subsidiary of ONGC with a 95.69% equity stake.<\/span><\/p><p><span style=\"color: #000000;\"><strong>Atul:<\/strong> Subsidiary Atul Bioscience has received the Establishment Inspection Report (EIR) from the United States Food and Drug Administration (FDA) for its manufacturing facility at Ambernath, Maharashtra. The EIR was issued after the facility&#8217;s last inspection conducted from May 6 to May 10, which concluded with zero FDA 483 observations.<\/span><\/p><p><span style=\"color: #000000;\"><strong>Amara Raja Energy &amp; Mobility:<\/strong> Subsidiary Amara Raja Advanced Cell Technologies has signed a Memorandum of Understanding (MoU) with Piaggio Vehicles, a 100% Indian subsidiary of the Italian auto giant Piaggio Group. Amara Raja will collaborate with Piaggio India to develop and supply LFP (lithium iron phosphate) Lithium-Ion (Li-ion) cells and chargers for its electric vehicles, along with developing cells and battery packs for their upcoming offerings.<\/span><\/p><p><span style=\"color: #000000;\"><strong>Coffee Day Enterprises:<\/strong> The IDBI Trusteeship Services has admitted Coffee Day Enterprises into the National Company Law Tribunal (NCLT) to initiate the Corporate Insolvency Resolution Process (CIRP) for Rs 228.45 crore. The company is planning to take the required legal action in this regard.<\/span><\/p><p><span style=\"color: #000000;\"><strong>Caplin Point Laboratories:<\/strong> The United States Food and Drug Administration (US FDA) conducted an unannounced inspection of Caplin Steriles\u2019 injectable and ophthalmic manufacturing facility at Gummidipoondi. The inspection was conducted between August 5 and August 9 and concluded with zero observations.<\/span><\/p><p><span style=\"color: #000000;\"><strong>Mastek:<\/strong> Hiral Chandrana has resigned as Group CEO of the company. The board has recommended Umang Nahata as the Interim Group CEO of Mastek Group, effective August 10. Umang Nahata is currently one of the non-executive Directors of the company.<\/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-3038cf7 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3038cf7\" 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-3816b5f\" data-id=\"3816b5f\" 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-cb520f2 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"cb520f2\" 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 weak&hellip;","protected":false},"author":5,"featured_media":37706,"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-39548","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 opening for the Indian market indices; 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