{"id":39940,"date":"2024-09-17T08:49:57","date_gmt":"2024-09-17T03:19:57","guid":{"rendered":"https:\/\/flattrade.in\/kosh\/?p=39940"},"modified":"2024-09-17T08:52:37","modified_gmt":"2024-09-17T03:22:37","slug":"gift-nifty-indicates-a-positive-start-for-the-indian-stock-indices-the-us-markets-ended-mixed-the-asian-markets-also-traded-mixed-following-the-wall-street-2","status":"publish","type":"post","link":"https:\/\/flattrade.in\/kosh\/gift-nifty-indicates-a-positive-start-for-the-indian-stock-indices-the-us-markets-ended-mixed-the-asian-markets-also-traded-mixed-following-the-wall-street-2\/","title":{"rendered":"Gift Nifty indicates a positive start for the Indian stock indices; The US markets ended mixed; The Asian markets also traded mixed following the Wall Street"},"content":{"rendered":"\t\t
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PRE-MARKET REPORT<\/strong><\/span><\/p>

The domestic equity indices, Sensex and Nifty 50, are expected to open higher on Tuesday despite mixed cues from global equity markets.<\/span><\/p>

Gift Nifty was trading around the 25,485 level, a premium of nearly 45 points from the Nifty futures\u2019 previous close, indicating a positive start for the Indian stock market indices.<\/span><\/p>

The US stock market ended mixed on Monday with the Dow Jones closing at a record high. The Dow Jones Industrial Average rallied 228.30 points, or 0.55%, to 41,622.08, while the S&P 500 rose 7.07 points, or 0.13%, to 5,633.09. The Nasdaq Composite ended 91.85 points, or 0.52%, lower at 17,592.13.<\/span><\/p>

Asian markets traded mixed following a mixed session on Wall Street overnight. Japan\u2019s Nikkei 225 declined 1.24%, while the Topix fell 1.07%. Hong Kong\u2019s Hang Seng index gained 0.56%. South Korea, mainland China and Taiwan markets are closed.<\/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>

TVS Holdings:<\/strong> The company has acquired a 100% stake in its step-down subsidiary, TVS Digital, from its subsidiary TVS Motor Company. Following the acquisition, TVS Digital became a wholly-owned subsidiary of the company.<\/span><\/p>

Vedanta:<\/strong> Vedanta Aluminium is addressing a breach at its process water storage pond at the Lanjigarh alumina refinery in Odisha. The breach occurred on September 15, 2024, due to severe weather conditions, which resulted in elevated water levels and pressure in the dam’s catchment area. The incident has affected agricultural lands in the surrounding region.<\/span><\/p>

JK Tyre & Industries:<\/strong> JK Tyre has announced that its board of directors has approved a merger with its subsidiary, Cavendish Industries Ltd. Under the scheme of amalgamation, shareholders of Cavendish Industries will receive 92 fully paid-up equity shares of JK Tyre for every 100 equity shares they hold in Cavendish Industries.<\/span><\/p>

Sandur Manganese and Iron Ores:<\/strong> Sandur Manganese\u2019s board of directors has approved a proposal to raise up to \u20b91,000 crore through the issuance of equity shares via Qualified Institutions Placement (QIP). The funds will be raised in one or more tranches, with the shares having a face value of \u20b910 each.<\/span><\/p>

Indo Count Industries:<\/strong> Indo Count Global Inc., the US-based subsidiary of Indo Count Industries, has acquired an 81% stake in Fluvitex USA, Inc. for $19.63 million. The company also has the option to purchase the remaining 19% stake for $4.6 million within the next five years.<\/span><\/p>

Adani Wilmar and Adani Enterprises:<\/strong> Adani Enterprises and Wilmar International are preparing to divest a 13% stake in their joint venture, Adani Wilmar, to comply with Indian shareholding regulations. The sale, valued at approximately $736 million, will reduce their combined stake from around 88% to 75% by February.<\/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 indices, Sensex and Nifty 50, are expected to open higher on Tuesday despite…","protected":false},"author":5,"featured_media":37668,"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-39940","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 positive start for the Indian stock indices; 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