Session state can only be used when enableSessionState is set to true, either in a configuration file or in the Page directive. Please also make sure that System.Web.SessionStateModule or a custom session state module is included in the \\ section in the application configuration. Pravin Ratilal Share And Stock Brokers Ltd
  • Sensex   38407.01   224.93  sensex_up_arr
  • Nifty   11322.50   52.35   sensex_up_arr
  • Bank Nifty   22227.20   1.49   sensex_up_arr
  • BSE Midcap   14392.37   -0.20  sensex_dwn_arr
  • USDINR   74.79   -0.38   sensex_dwn_arr
Pre Session
Home >> Markets >> Equity >> News >> Pre Session Detailed News
A weak opening on the cards
(08:32, 06 Aug 2019)

Local stocks may slide on weak global cues. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 106 points at the opening bell. On the earnings front, Indiabulls Housing Finance and Titan Company will announce their Q1 results today, 6 August 2019.

Overseas, Asian stocks were trading lower Tuesday as the US-China trade war intensified, after Beijing confirmed it is suspending agricultural product purchases in response to new American tariffs. The Chinese Ministry of Commerce said Chinese companies have stopped purchasing American agricultural products in response to Trump's latest salvo and added it would not rule out tariffs on newly purchased agricultural goods after August 3. For its part, China is one of the largest buyers of U.S. agriculture.

US stocks suffered their biggest one-day decline of 2019 on Monday as China allowed its currency to fall to a more-than-10-year low versus the dollar after President Donald Trump rattled markets by announcing additional tariffs on Chinese goods late last week. President Donald Trump said last week the US is putting 10% tariffs on another $300 billion worth of Chinese goods starting September 1.

US Treasury Secretary Steven Mnuchin said on Monday the government had determined that China is manipulating its currency, and that Washington would engage with the International Monetary Fund to eliminate unfair competition from Beijing.

In economic data, the Institute for Supply Management said its nonmanufacturing, or services, index fell to 53.7% in July from 55.1% in June. The reading was the lowest since August 2016. A reading of more than 50 indicates expansion in activity.

Back home, key equity benchmarks tumbled on Monday, after a recovery in the previous trading session. The government's move to scrap special status of the disputed Kashmir region spooked investors. Weak global cues triggered by U.S. President Donald Trump's decision to impose tariffs on more Chinese imports also put pressure on domestic shares. The Sensex fell 418.38 points or 1.13% to settle at 36,699.84, its lowest closing level since 8 March 2019. The Nifty 50 index fell 134.75 points or 1.23% to settle at 10,862.60, its lowest closing level since 28 February 2019.

The trading activity on that day showed that the foreign portfolio investors (FPIs) sold shares worth a net Rs 2016.73 crore yesterday, 5 August 2019, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 1871.27 crore yesterday, 5 August 2019, as per provisional data.

Powered by Capital Market - Live News

Adani Ports & Special Economic Zone Ltd     335.00   Up   3.70 (1.12%)   Asian Paints Ltd     1,789.55   Up   7.20 (0.40%)   Axis Bank Ltd     448.00   Up   16.90 (3.92%)   Bajaj Auto Ltd     3,007.45   Up   13.65 (0.46%)   Bajaj Finance Ltd     3,457.40   Up   14.45 (0.42%)   Bajaj Finserv Ltd     6,440.35   Up   37.55 (0.59%)   Bharat Petroleum Corporation Ltd     429.25   Up   14.10 (3.40%)   Bharti Airtel Ltd     551.10   Down   -7.75 (-1.39%)   Bharti Infratel Ltd     194.30   Down   -2.70 (-1.37%)   Britannia Industries Ltd     3,879.55   Down   -63.25 (-1.60%)   Cipla Ltd     778.00   Down   -17.60 (-2.21%)   Coal India Ltd     130.10   Up   0.85 (0.66%)   Dr Reddys Laboratories Ltd     4,595.90   Down   -95.00 (-2.03%)   Eicher Motors Ltd     21,442.65   Up   89.55 (0.42%)   GAIL (India) Ltd     97.30   Up   0.25 (0.26%)   Grasim Industries Ltd     624.25   Down   -9.80 (-1.55%)   HCL Technologies Ltd     683.80   Down   -8.25 (-1.19%)   HDFC Bank Ltd     1,066.65   Up   16.00 (1.52%)   HDFC Life Insurance Company Ltd     608.75   Down   -0.10 (-0.02%)   Hero Honda Motors Ltd     2,712.85   Up   10.70 (0.40%)   Hindalco Industries Ltd     178.95   Up   0.35 (0.20%)   Hindustan Unilever Ltd     2,210.65   Up   3.90 (0.18%)   Housing Development Finance Corporation Ltd     1,826.75   Up   27.80 (1.55%)   ICICI Bank Ltd     367.35   Up   3.80 (1.05%)   Indian Oil Corporation Ltd     87.05   Down   -0.05 (-0.06%)   IndusInd Bank Ltd     522.00   Up   12.65 (2.48%)   Infosys Technologies Ltd     948.45   Down   -2.90 (-0.30%)   ITC Ltd     203.05   Up   4.20 (2.11%)   JSW Steel Ltd     253.75   Up   8.55 (3.49%)   Kotak Mahindra Bank Ltd     1,364.60   Up   4.40 (0.32%)   Larsen & Toubro Ltd     961.90   Up   1.85 (0.19%)   Mahindra & Mahindra Ltd     629.55   Up   0.65 (0.10%)   Maruti Suzuki India Ltd     6,649.20   Up   40.30 (0.61%)   Nestle India Ltd     16,622.80   Down   -42.95 (-0.26%)   NIFTY (S&P CNX)     11,322.50   Up   52.35 (0.46%)   NTPC Ltd     88.25   Up   0.05 (0.06%)   Oil & Natural Gas Corpn Ltd     78.45   Down   -0.60 (-0.76%)   Power Grid Corporation of India Ltd     176.85   Down   -0.40 (-0.23%)   Reliance Industries Ltd     2,133.80   Up   13.95 (0.66%)   Shree Cement Ltd     21,551.60   Down   -844.80 (-3.77%)   State Bank of India     195.05   Up   1.25 (0.64%)   Sun Pharmaceuticals Industries Ltd     541.05   Down   -2.80 (-0.51%)   Tata Consultancy Services Ltd     2,279.90   Down   -2.90 (-0.13%)   Tata Motors Ltd     122.30   Down   -1.55 (-1.25%)   Tata Steel Ltd     416.45   Up   6.25 (1.52%)   Tech Mahindra Ltd     674.80   Down   -7.05 (-1.03%)   Titan Company Ltd     1,066.25   Down   -41.30 (-3.73%)   UltraTech Cement Ltd     3,968.75   Up   0.40 (0.01%)   UPL Ltd     481.90   Down   -12.40 (-2.51%)   Wipro Ltd     279.65   Up   2.25 (0.81%)   Zee Entertainment Enterprises Ltd     159.75   Up   8.55 (5.65%)      NSE Data  -  www.nseindia.com (5 minutes delayed) syndicated by www.cmots.com

Want Us to Call You?