{"id":39773,"date":"2024-09-02T08:56:02","date_gmt":"2024-09-02T03:26:02","guid":{"rendered":"https:\/\/flattrade.in\/kosh\/?p=39773"},"modified":"2024-09-02T08:59:10","modified_gmt":"2024-09-02T03:29:10","slug":"gift-nifty-indicates-a-flat-to-positive-start-for-the-indian-stock-indices-the-us-markets-ended-higher-the-asian-markets-traded-mixed-ahead-of-the-economic-data-release","status":"publish","type":"post","link":"https:\/\/flattrade.in\/kosh\/gift-nifty-indicates-a-flat-to-positive-start-for-the-indian-stock-indices-the-us-markets-ended-higher-the-asian-markets-traded-mixed-ahead-of-the-economic-data-release\/","title":{"rendered":"Gift Nifty indicates a flat to positive start for the Indian stock indices; The US markets ended higher; The Asian markets traded mixed ahead of the economic data release"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"39773\" class=\"elementor elementor-39773\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-65bb823e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"65bb823e\" 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-5241bbab\" data-id=\"5241bbab\" 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-f062723 elementor-widget elementor-widget-text-editor\" data-id=\"f062723\" 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 Monday following mixed trends in global markets.<\/span><\/p><p><span style=\"color: #000000;\">Gift Nifty was trading around the 25,420 level, a premium of nearly 22 points from the Nifty futures\u2019 previous close, indicating a mildly positive start for the Indian stock market indices.<\/span><\/p><p><span style=\"color: #000000;\">The US stock market ended higher with the Dow scoring a second consecutive all-time closing high on Friday. The Dow Jones Industrial Average gained 0.55% to 41,563.08, while the S&amp;P 500 rallied 1.01% to end at 5,648.40. The Nasdaq Composite Index closed 1.13% higher at 17,713.62.<\/span><\/p><p><span style=\"color: #000000;\">Asian markets traded mixed ahead of a slew of economic data releases. MSCI&#8217;s broadest index of Asia-Pacific shares outside Japan fell 0.1%.<\/span><\/p><p><span style=\"color: #000000;\"> Japan\u2019s Nikkei 225 rose 0.94% while the Topix gained 0.49%. South Korea\u2019s Kospi declined 0.49%, and the Kosdaq fell marginally. Hong Kong Hang Seng index indicated a lower 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-4b381502 elementor-widget elementor-widget-text-editor\" data-id=\"4b381502\" 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>MOIL:<\/strong> The state-owned company has reduced the prices of ferro-grade manganese ores with a manganese content of Mn-44% and above by 20% for September. It has also lowered prices of all other Ferro grades of manganese ore with manganese content below Mn-44% by 15%, and prices of all SMGR (Mn-30% &amp; Mn-25%), fines, and chemical grades by 15%.<\/span><\/p><p><span style=\"color: #000000;\"><strong>Biocon:<\/strong> Subsidiary Biocon Pharma has received US FDA approval to inject Sacubitril\/Valsartan tablets and Daptomycin. Biocon has also received an Establishment Inspection Report (EIR) from the US FDA for its greenfield API facility in Visakhapatnam, allowing it to commence commercial supplies to the US market.<\/span><\/p><p><span style=\"color: #000000;\"><strong>GPT Infraprojects:<\/strong> GPT has been declared the lowest bidder for a Rs 204 crore project from CAO Construction, South Eastern Railway, involving the construction of a road over the bridge between Andul-Sankrail and Nalpur-Bauria stations.<\/span><\/p><p><span style=\"color: #000000;\"><strong>Gujarat Gas:<\/strong> The board has approved a scheme of arrangement and amalgamation involving Gujarat State Petroleum Corporation (GSPC), GSPC Energy (GEL), and Gujarat State Petronet (GSPL) merging into GGL. Additionally, the scheme involves the demerger of GGL&#8217;s gas transmission business, which will be listed separately as GSPL Transmission Limited (GTL).<\/span><\/p><p><span style=\"color: #000000;\"><strong>Siemens:<\/strong> The company has received an order from the Deputy Commissioner of Income-tax, with a potential tax demand of Rs 29.4 crore. This increases the total cumulative amount in ongoing litigations and disputes with the Deputy Commissioner of Income-tax to Rs 77.5 crore.<\/span><\/p><p><span style=\"color: #000000;\"><strong>Insecticides India:<\/strong> The Board of Directors has approved a buyback of 500,000 shares (1.69% of equity) for up to Rs 50 crore at Rs 1,000 per share. The record date for the buyback is September 11.<\/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-dff32a8 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"dff32a8\" 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-2891fbc\" data-id=\"2891fbc\" 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-aed3421 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"aed3421\" 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":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-39773","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 to positive start for the Indian stock indices; 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