{"id":43592,"date":"2025-07-02T08:53:34","date_gmt":"2025-07-02T03:23:34","guid":{"rendered":"https:\/\/flattrade.in\/kosh\/?p=43592"},"modified":"2025-07-02T09:00:23","modified_gmt":"2025-07-02T03:30:23","slug":"gift-nifty-indicates-a-flat-to-positive-start-for-the-indian-market-us-market-closed-higher-asian-markets-opened-cautiously","status":"publish","type":"post","link":"https:\/\/flattrade.in\/kosh\/gift-nifty-indicates-a-flat-to-positive-start-for-the-indian-market-us-market-closed-higher-asian-markets-opened-cautiously\/","title":{"rendered":"Gift Nifty indicates a flat to positive start for the Indian market; US Market closed higher; Asian markets opened cautiously"},"content":{"rendered":"\t\t
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PRE MARKET<\/h2>\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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Gift Nifty indicates a flat to positive start for the broader index in India, with a gain of 135 points or 0.05 percent. The Nifty futures were trading aroundthe\u00a0 25,670 level.<\/p>

The Nasdaq and the S&P 500 closed lower on Tuesday, dragged down by weakness in large-cap tech stocks, while the Dow ended higher in a volatile day marked by seasonally low liquidity.<\/p>

Dow Jones Industrial Average rose 400.17 points, or 0.91%, to 44,494.94. The S&P 500 lost 6.94 points, or 0.11%, to 6,198.01 and the Nasdaq Composite lost 166.84 points, or 0.82%, to 20,202.89.<\/p>

Asian shares edged lower after President Donald Trump said he won\u2019t delay the July 9 deadline for imposing higher levies on trading partners, ratcheting up trade tensions yet again.<\/p>

Japan\u2019s Nikkei went down 1.01 percent, and the Taiwanese weighted index also went down 0.38 percent, while Hong Kong\u2019s Hang Seng went up 0.41 percent.<\/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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STOCKS TODAY<\/h2>\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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Lupin<\/b><\/strong><\/p>

The company has received approval from the United States Food and Drug Administration (US FDA) for its Abbreviated New Drug Application (ANDA) for Loteprednol Etabonate Ophthalmic Gel, 0.38%. Lupin is the exclusive first-to-file for this product and is eligible for 180 days of generic drug exclusivity. This product is a corticosteroid indicated for the treatment of postoperative inflammation and pain following ocular surgery.<\/p>

Exicom Tele-Systems<\/b><\/strong><\/p>

The Board has approved a rights issue of 1.81 crore shares worth Rs 259.41 crore and has fixed the issue price at Rs 143 per share. Further, the Board approved the issuance of 3 rights equity shares for every 20 equity shares held on the record date. The rights issue will open on July 15 and close on July 30.<\/p>

Trident<\/b><\/strong><\/p>

The company has received a Show Cause Notice from CGST, Ludhiana, for alleged tax dues of Rs 51.86 crore along with applicable interest and a penalty equivalent to the tax dues, if any. The notice is based on alleged discrepancies in ITC reconciliation as per GST returns for FY 2018\u201319 to FY 2020\u201321 and suppression of outward tax liability due to variance between E-way bills and GST returns.<\/p>

Nazara Technologies<\/b><\/strong><\/p>

The company\u2019s subsidiary, Nodwin Gaming, has completed the acquisition of a 92.30% stake in AFK Gaming from its founders Nishant Patel, Rakesh Ramchandran, Siddharth Nayyar, and other shareholders. Following this acquisition, AFK has become a wholly owned subsidiary of Nodwin and a step-down subsidiary of Nazara Technologies.<\/p>

Laxmi Organic Industries<\/b><\/strong><\/p>

Keshav Ruthiya has been appointed as Chief Procurement Officer of the company, effective August 1. Additionally, Rajesh Naik has been appointed as President \u2013 Manufacturing, effective August 1. He will succeed Prashant Patil and lead the operations function.<\/p>

Source – Moneycontrol<\/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 Zero Brokerage 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 Gift Nifty indicates a flat to positive start for the broader index in India, with a…","protected":false},"author":7,"featured_media":42644,"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":[],"class_list":{"0":"post-43592","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-morninger","8":"cs-entry","9":"cs-video-wrap"},"yoast_head":"\nGift Nifty indicates a flat to positive start for the Indian market; 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