{"id":39577,"date":"2024-08-14T08:53:07","date_gmt":"2024-08-14T03:23:07","guid":{"rendered":"https:\/\/flattrade.in\/kosh\/?p=39577"},"modified":"2024-08-14T08:55:51","modified_gmt":"2024-08-14T03:25:51","slug":"gift-nifty-indicates-a-positive-start-for-the-indian-stock-indices-the-us-markets-ended-higher-amid-fed-rate-cut-expectations-the-asian-markets-also-traded-higher-following-the-wall-street","status":"publish","type":"post","link":"https:\/\/flattrade.in\/kosh\/gift-nifty-indicates-a-positive-start-for-the-indian-stock-indices-the-us-markets-ended-higher-amid-fed-rate-cut-expectations-the-asian-markets-also-traded-higher-following-the-wall-street\/","title":{"rendered":"Gift Nifty indicates a positive start for the Indian stock indices; The US markets ended higher amid Fed rate cut expectations; The Asian markets also traded higher following the Wall Street"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"39577\" class=\"elementor elementor-39577\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f3e08e9 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f3e08e9\" 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-4bbe0f2a\" data-id=\"4bbe0f2a\" 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-470cddb elementor-widget elementor-widget-text-editor\" data-id=\"470cddb\" 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 higher on Wednesday following a positive momentum in global markets.<\/span><\/p><p><span style=\"color: #000000;\">Gift Nifty was trading around 24,235 level, a premium of nearly 75 points from the Nifty futures\u2019 previous close, indicating a positive start for the Indian stock market indices.<\/span><\/p><p><span style=\"color: #000000;\">The US stock market ended higher on Tuesday, hitting a near two-week high, as softer producer prices data increased bets of a Fed rate cut.<\/span><\/p><p><span style=\"color: #000000;\">The Dow Jones Industrial Average rallied 408.63 points, or 1.04%, to 39,765.64, while the S&amp;P 500 jumped 90.04 points, or 1.68%, to end at 5,434.43. The Nasdaq Composite closed 407.00 points, or 2.43%, higher at 17,187.61.<\/span><\/p><p><span style=\"color: #000000;\">Asian markets traded higher on Wednesday following an overnight rally on Wall Street.<\/span><br \/><span style=\"color: #000000;\">Japan\u2019s Nikkei 225 gained 0.98%, while the Topix rose 0.72%. South Korea\u2019s Kospi rallied 1.1%, while the Kosdaq jumped 1.4%. Hong Kong Hang Seng index 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-2262fc03 elementor-widget elementor-widget-text-editor\" data-id=\"2262fc03\" 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>SJVN:<\/strong> The company has received board approval for monetization through the securitization of partial future revenue\/return on equity of the Nathpa Jhakri Hydro Power Station (NJHPS). The board also approved, in principle, the dilution of stake in the subsidiary, SJVN Green Energy.<\/span><\/p><p><span style=\"color: #000000;\"><strong>Sundram Fasteners:<\/strong> SBI Mutual Fund bought a 0.6% stake in the company at an average price of Rs 1,318 per share. However, promoter TVS Sundram Fasteners sold a 1.57% stake at the same price.<\/span><\/p><p><span style=\"color: #000000;\"><strong>Vedanta:<\/strong> The company has received approval from the Committee of Directors to sell up to 11 crore equity shares (a 2.6% stake) of Hindustan Zinc via an offer-for-sale.<\/span><\/p><p><span style=\"color: #000000;\"><strong>Mahindra and Mahindra:<\/strong> Total sales for July increased by 2.1% year-on-year to 64,929 units, but production fell by 1.2% to 69,138 units, and exports dropped by 40.4% to 1,515 units.<\/span><\/p><p><span style=\"color: #000000;\"><strong>Brainbees Solutions:<\/strong> Nomura India Investment Fund Mother Fund A\/C (Nomura) (MF India) bought a 0.93% stake in the FirstCry operator, and TNTBC as the Trustee of Nomura India Stock Mother Fund (Nomura) NISMF purchased 0.62% shares, at an average price of Rs 681.03 per share.<\/span><\/p><p><span style=\"color: #000000;\"><strong>Bombay Dyeing and Manufacturing Company:<\/strong> The company has executed definitive agreements with Goisu Realty (a subsidiary of Sumitomo Realty &amp; Development Company) and received Rs 537.78 crore to complete the land sale transaction at Worli.<\/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-2712f81 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2712f81\" 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-6d15ea7\" data-id=\"6d15ea7\" 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-a99351f elementor-align-center elementor-widget elementor-widget-button\" data-id=\"a99351f\" 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 higher on Wednesday&hellip;","protected":false},"author":5,"featured_media":36959,"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-39577","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 positive start for the Indian stock indices; 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