{"id":39869,"date":"2024-09-11T08:49:25","date_gmt":"2024-09-11T03:19:25","guid":{"rendered":"https:\/\/flattrade.in\/kosh\/?p=39869"},"modified":"2024-09-11T09:02:36","modified_gmt":"2024-09-11T03:32:36","slug":"gift-nifty-indicates-a-flat-to-negative-start-for-the-indian-stock-indices-the-us-markets-ended-mixed-amid-a-sell-off-in-banking-and-energy-stocks-the-asian-markets-traded-lower-ahead-of-the-us-inflat","status":"publish","type":"post","link":"https:\/\/flattrade.in\/kosh\/gift-nifty-indicates-a-flat-to-negative-start-for-the-indian-stock-indices-the-us-markets-ended-mixed-amid-a-sell-off-in-banking-and-energy-stocks-the-asian-markets-traded-lower-ahead-of-the-us-inflat\/","title":{"rendered":"Gift Nifty indicates a flat to negative start for the Indian stock indices; The US markets ended mixed amid a sell-off in Banking and Energy stocks; The Asian markets traded lower ahead of the US inflation data"},"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 on a cautious note Wednesday tracking mixed cues from global peers.<\/span><\/p>

Gift Nifty was trading around 25,087, a discount of nearly 10 points from the Nifty futures\u2019 previous close, indicating a flat-to-negative start for the Indian stock market indices.<\/span><\/p>

The US stock market ended mixed on Tuesday dragged by selling in banking and energy stocks. The Dow Jones Industrial Average declined 92.63 points, or 0.23%, to 40,736.96, while the S&P 500 rose 24.47 points, or 0.45%, to 5,495.52. The Nasdaq Composite ended 141.28 points, or 0.84%, higher at 17,025.88.<\/span><\/p>

Asian markets traded lower on Wednesday ahead of the US inflation data. MSCI’s broadest index of Asia-Pacific shares outside Japan is 0.08% lower.<\/span><\/p>

Japan\u2019s Nikkei 225 declined 0.7% and the Topix fell 0.86%. South Korea\u2019s Kospi dropped 0.20%, while the Kosdaq rose 1.61%. Hong Kong Hang Seng index futures 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

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STOCKS TODAY<\/strong><\/span><\/p>

Reliance Industries:<\/strong> Reliance Retail Ventures Limited and Delta Galil Industries have entered a strategic partnership in India. Through the joint venture with Reliance Retail, Delta Galil will expand its presence in India and establish an apparel innovation platform focused on the Indian market.<\/span><\/p>

Bhageria Industries Limited:<\/strong> Bhageria Industries Limited has received a Show Cause Cum Demand Notice from the Commissioner of CGST, Palghar, alleging a tax demand of Rs 2.09 crore. The company plans to file an appeal before the Commissioner (Appeals) against the order before the due date.<\/span><\/p>

Genus:<\/strong> The company has established two wholly-owned step-down subsidiaries on September 10, 2024. The new subsidiaries are Genus Shekhawati Smart Metering Solutions SPV Private Limited and Genus Marwar Smart Metering Solutions SPV Private Limited.<\/span><\/p>

Ashoka Buildcon:<\/strong> The company has sold its 90% stake in ABL Indira Projects JV LLP, a joint venture with Indira Projects & Development (Tamil Nadu) Private Limited, for a Maldives project. The stake was sold for Rs 5.44 crore, and payment has been received.<\/span><\/p>

Astra Microwave Products:<\/strong> The company has signed a Memorandum of Understanding (MoU) with Premier Explosives Limited, Hyderabad, for a strategic alliance to develop and sell multiple products.<\/span><\/p>

Oil India:<\/strong> A Memorandum of Understanding (MoU) was signed on September 10, 2024, between OIL, OVL & KABIL, and International Resources Holding RSC Ltd. (IRH), UAE, for global cooperation in critical mineral supply chains.<\/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 on a cautious…","protected":false},"author":5,"featured_media":37296,"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-39869","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 flat to negative start for the Indian stock indices; 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