• Sensex   38014.62   1,921.15  sensex_up_arr
  • Nifty   11274.20   569.40   sensex_up_arr
  • Bank Nifty   28981.55   8.31   sensex_up_arr
  • BSE Midcap   14120.07   6.28  sensex_up_arr
  • USDINR   71.06   -0.45   sensex_dwn_arr
logo
PRAVIN RATILAL SHARE
AND STOCK BROKERS LTD
Member :    NSE   |   BSE   |   DP : NSDL
Pre Session
Home >> Markets >> Equity >> News >> Pre Session Detailed News
RBI policy to dictate market trend
(08:31, 07 Aug 2019)

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 48 points at the opening bell. Investors are awaiting the outcome of the central bank's monetary policy meeting today, 7 August 2019. Cipla, HCL Technologies, Mahindra & Mahindra and Tata Steel will announce their Q1 June 2019 results today, 7 August 2019.

The Reserve Bank of India (RBI)'s third bi-monthly monetary policy committee (MPC) meeting started on 5 August 2019. The resolution of the MPC will be placed on the RBI website at 11:45 IST today, 7 August 2019.

Overseas, Asian stocks were mixed Wednesday as investors digested the Chinese central bank's daily midpoint fix for its currency's exchange rate against the dollar. The People's Bank of China (PBOC) set the the official midpoint reference for the yuan at 6.9996 per dollar. China's central bank allows the exchange rate to rise or fall 2% from that number.

US stocks rallied Tuesday after six days of declines as China stepped in to stabilize the yuan, easing concerns that currencies would be the next weapon in the US-China trade war.

Investors took fright Monday as China allowed the yuan to slump to its lowest level in a decade after President Donald Trump's threat last Thursday to impose 10% tariffs against an additional $300 billion of imported Chinese goods, effective Sept. 1.

Back home, the market edged higher on Tuesday after volatile session of trade. The Nifty trimmed gains after briefly crossing 11,000 mark as profit booking emerged at higher levels. The barometer index, the S&P BSE Sensex, rose 277.01 points or 0.75% to 36,976.85. The Nifty 50 index rose 85.65 points or 0.79% to 10,948.25.

The trading activity on that day showed that the foreign portfolio investors (FPIs) sold shares worth a net Rs 2170.93 crore yesterday, 6 August 2019, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 2289.05 crore yesterday, 6 August 2019, as per provisional data.

Powered by Capital Market - Live News

Adani Ports & Special Economic Zone Ltd     380.70   Up   18.80 (5.19%)   Asian Paints Ltd     1,671.00   Up   117.10 (7.54%)   Axis Bank Ltd     680.35   Up   42.15 (6.60%)   Bajaj Auto Ltd     2,929.25   Up   190.40 (6.95%)   Bajaj Finance Ltd     3,702.20   Up   340.15 (10.12%)   Bajaj Finserv Ltd     7,693.65   Up   505.00 (7.02%)   Bharat Petroleum Corporation Ltd     403.85   Up   24.00 (6.32%)   Bharti Airtel Ltd     356.40   Up   18.80 (5.57%)   Bharti Infratel Ltd     259.15   Up   9.75 (3.91%)   Britannia Industries Ltd     2,867.00   Up   245.20 (9.35%)   Cipla Ltd     463.30   Up   11.25 (2.49%)   Coal India Ltd     200.05   Up   6.60 (3.41%)   Dr Reddys Laboratories Ltd     2,837.80   Up   105.25 (3.85%)   Eicher Motors Ltd     17,860.20   Up   2,107.70 (13.38%)   GAIL (India) Ltd     134.70   Up   1.65 (1.24%)   Grasim Industries Ltd     750.95   Up   51.05 (7.29%)   HCL Technologies Ltd     1,049.10   Down   -0.45 (-0.04%)   HDFC Bank Ltd     1,199.60   Up   98.55 (8.95%)   Hero Honda Motors Ltd     2,862.90   Up   330.65 (13.06%)   Hindalco Industries Ltd     202.15   Up   6.20 (3.16%)   Hindustan Unilever Ltd     1,969.75   Up   157.00 (8.66%)   Housing Development Finance Corporation Ltd     2,049.30   Up   74.70 (3.78%)   ICICI Bank Ltd     417.50   Up   30.90 (7.99%)   Indiabulls Housing Finance Ltd     428.40   Up   33.65 (8.52%)   Indian Oil Corporation Ltd     132.55   Up   6.35 (5.03%)   IndusInd Bank Ltd     1,419.60   Up   137.35 (10.71%)   Infosys Technologies Ltd     805.00   Down   -15.70 (-1.91%)   ITC Ltd     238.05   Up   1.35 (0.57%)   JSW Steel Ltd     238.10   Up   18.55 (8.45%)   Kotak Mahindra Bank Ltd     1,538.85   Up   86.25 (5.94%)   Larsen & Toubro Ltd     1,411.50   Up   110.80 (8.52%)   Mahindra & Mahindra Ltd     568.90   Up   49.60 (9.55%)   Maruti Suzuki India Ltd     6,591.95   Up   620.20 (10.39%)   NIFTY (S&P CNX)     11,274.20   Up   569.40 (5.32%)   NTPC Ltd     119.85   Down   -1.85 (-1.52%)   Oil & Natural Gas Corpn Ltd     133.60   Up   9.30 (7.48%)   Power Grid Corporation of India Ltd     196.20   Down   -4.95 (-2.46%)   Reliance Industries Ltd     1,254.35   Up   75.30 (6.39%)   State Bank of India     301.70   Up   27.65 (10.09%)   Sun Pharmaceuticals Industries Ltd     413.70   Up   2.55 (0.62%)   Tata Consultancy Services Ltd     2,065.45   Down   -36.50 (-1.74%)   Tata Motors Ltd     133.25   Up   9.05 (7.29%)   Tata Steel Ltd     368.55   Up   23.90 (6.93%)   Tech Mahindra Ltd     700.85   Down   -2.50 (-0.36%)   Titan Company Ltd     1,263.55   Up   110.35 (9.57%)   UltraTech Cement Ltd     4,269.65   Up   403.35 (10.43%)   UPL Ltd     562.10   Up   0.05 (0.01%)   Vedanta Ltd     158.95   Up   12.80 (8.76%)   Wipro Ltd     245.95   Up   4.45 (1.84%)   Yes Bank Ltd     55.50   Up   1.40 (2.59%)   Zee Entertainment Enterprises Ltd     301.40   Down   -7.45 (-2.41%)      NSE Data  -  www.nseindia.com (5 minutes delayed) syndicated by www.cmots.com

Want Us to Call You?