{"id":41133,"date":"2024-12-24T08:57:14","date_gmt":"2024-12-24T03:27:14","guid":{"rendered":"https:\/\/flattrade.in\/kosh\/?p=41133"},"modified":"2024-12-24T08:57:14","modified_gmt":"2024-12-24T03:27:14","slug":"gift-nifty-indicates-a-flat-start-for-the-indian-stock-indices-the-us-markets-ended-higher-the-asian-markets-also-traded-higher-following-the-wall-street-2","status":"publish","type":"post","link":"https:\/\/flattrade.in\/kosh\/gift-nifty-indicates-a-flat-start-for-the-indian-stock-indices-the-us-markets-ended-higher-the-asian-markets-also-traded-higher-following-the-wall-street-2\/","title":{"rendered":"Gift Nifty indicates a flat start for the Indian stock indices; The US markets ended higher; The Asian markets also traded higher following the Wall Street"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"41133\" class=\"elementor elementor-41133\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-78f1843a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"78f1843a\" 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-1a2a335a\" data-id=\"1a2a335a\" 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-1e7b0ef elementor-widget elementor-widget-text-editor\" data-id=\"1e7b0ef\" 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 indices, Sensex and Nifty 50, are expected to open on a flat note Tuesday amid positive global market cues.<\/span><\/p><p><span style=\"color: #000000;\">Gift Nifty was trading around 23,760 level, a discount of nearly 9 points from the Nifty futures\u2019 previous close, indicating a flat start for the Indian stock market indices.<\/span><\/p><p><span style=\"color: #000000;\">US stock market ended higher on Monday led by gains in megacap stocks. The Dow Jones Industrial Average gained 66.69 points, or 0.16%, to 42,906.95, while the S&amp;P 500 rose 43.22 points, or 0.73%, to 5,974.07. The Nasdaq Composite closed 192.29 points, or 0.98%, higher at 19,764.89.<\/span><\/p><p><span style=\"color: #000000;\">Asian markets traded higher following overnight gains on Wall Street led by tech stocks. Japan\u2019s Nikkei 225 and Topix were flat, South Korea\u2019s Kospi added 0.31% while the Kosdaq rallied 0.72%. Hong Kong\u2019s Hang Seng index futures 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-450cf608 elementor-widget elementor-widget-text-editor\" data-id=\"450cf608\" 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>\u00a0<span style=\"color: #000000;\"><strong>Stocks Today<\/strong><\/span><\/p><p><span style=\"color: #000000;\"><strong>Bharat Electronics Limited (BEL):<\/strong> State-run Bharat Electronics Ltd. (BEL), a Navratna PSU, has secured new orders worth \u20b9973 crore since its last disclosure on December 9. According to a regulatory filing, the latest orders cover various projects, including platform screen doors for metro rail, radars, communication equipment, jammers, seekers, upgraded submarine sonar, satcom terminals, test stations, spares, and services. With these new wins, BEL\u2019s total order inflow for 2025 now stands at \u20b99,801 crore, accounting for 40 percent of its annual order inflow guidance of \u20b925,000 crore.<\/span><\/p><p><span style=\"color: #000000;\"><strong>TVS Motor Company:<\/strong> TVS Motor Company has acquired a 39.11 percent stake in DriveX Mobility Private Ltd for \u20b997.78 crore. This transaction raises TVS Motor&#8217;s ownership in DriveX to 87.38 percent, making it a subsidiary. The acquisition was executed by purchasing 7,914 equity shares with a face value of \u20b910 each. DriveX, engaged in two-wheeler trading and distribution, reported a turnover of \u20b933.99 crore in FY24 but incurred a post-tax loss of \u20b930.98 crore. The deal is expected to enhance TVS Motor\u2019s operational efficiencies in the two-wheeler trading sector and solidify its market position.<\/span><\/p><p><span style=\"color: #000000;\"><strong>Adani Enterprises:<\/strong> Adani Enterprises Ltd (AEL) announced that its wholly owned subsidiary, Adani Defence Systems &amp; Technologies Ltd (ADSTL), has entered into a share purchase agreement to acquire an 85.8 percent stake in Air Works India (Engineering) Private Ltd. Air Works, India\u2019s largest private-sector Maintenance, Repair, and Overhaul (MRO) firm, has an enterprise value of \u20b9400 crore.<\/span><\/p><p><span style=\"color: #000000;\"><strong>Muthoot FinCorp:<\/strong> Muthoot FinCorp has launched its NCD Tranche III series of secured and redeemable non-convertible debentures (NCDs), aiming to raise \u20b9300 crore. This includes a base issue size of \u20b9100 crore and a green shoe option of \u20b9200 crore within its overall shelf limit of \u20b92,000 crore. Priced at \u20b91,000 each, the NCDs offer tenures ranging from 24 to 92 months with annual, monthly, and cumulative interest payout options. The effective yield varies from 9.00 percent to 10.10 percent per annum. The issue opened on December 23, 2024, and will close on January 6, 2025, or earlier upon Board approval.<\/span><\/p><p><span style=\"color: #000000;\"><strong>HG Infra Engineering:<\/strong> Jodhpur-based HG Infra Engineering Ltd announced that its wholly owned subsidiary, HG Banaskantha Bess Private Ltd, has entered into a battery energy storage purchase agreement with NTPC Vidyut Vyapar Nigam Ltd. This long-term agreement involves the procurement of 185 MW\/370 MWH of battery energy storage capacity.<\/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-54fd94f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"54fd94f\" 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-3ddbceb\" data-id=\"3ddbceb\" 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-426966f elementor-align-center elementor-widget elementor-widget-button\" data-id=\"426966f\" 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:\/\/instakyc.flattrade.in\/Signup\" 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 indices, Sensex and Nifty 50, are expected to open on a flat note&hellip;","protected":false},"author":5,"featured_media":40471,"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-41133","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 start for the Indian stock indices; 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