Stock market update: Nifty Auto index falls 0.2%
Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today.
Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
India Gazette
an hour ago
- India Gazette
Chhattisgarh govt employees permitted to invest in shares, mutual funds; intra-day trading to remain prohibited
Raipur (Chhattisgarh) [India], July 2 (ANI): Chhattisgarh Government has notified an amendment to the Chhattisgarh Civil Services (Conduct) Rules, 1965, permitting state government employees to invest in shares, securities, debentures, and mutual funds, in line with the provisions applicable to Central Government employees. The General Administration Department has notified the new amendment to the Chhattisgarh Civil Services (Conduct) Rules, 1965, which has been implemented by introducing a new sub-clause under Rule 19, with the objective of ensuring transparency in financial transactions. However, the notification clearly stipulates that intraday trading, BTST (Buy Today Sell Tomorrow), Futures and Options (F&O), and investment activities in cryptocurrencies shall remain prohibited. Earlier today, the Nifty ended 88 points lower, while the Sensex closed 288 points lower. Among sectors, the Metal index outperformed, rallying 1.41 per cent, whereas the Realty index lost the most, shedding 1.44 per cent. India's strong domestic fundamentals, a responsive RBI, and good monsoon conditions have been supporting the financial markets. US markets are hitting all-time highs, and the US dollar is weakening; as a result, emerging markets like India are benefiting. A comfortable inflation number in India also somewhat supported the domestic equity indices recently. (ANI)
Economic Times
2 hours ago
- Economic Times
Two Trades for Today: A fertilizers and chemicals stock for almost 7% gain, a mid-cap tile maker for 6% rise
The markets continued to consolidate in a defined range and closed with a modest loss on Wednesday. The Nifty opened positively, but ended up forming the high point of the day in the early minutes of the session. It soon slipped into the negative territory and traded with capped losses in the first half of the session. The markets weakened in the second half but eventually recovered from their low point. The headline Index closed with a net loss FONT SIZE SAVE PRINT COMMENT
The Print
3 hours ago
- The Print
Stock markets end lower; HDFC Bank, foreign fund outflows drag
The 50-share NSE Nifty declined by 88.40 points or 0.35 per cent to settle at 25,453.40. Paring its early gains, the BSE Sensex closed lower by 287.60 points or 0.34 per cent at 83,409.69. During the day, it dropped 546.52 points or 0.65 per cent to 83,150.77. Mumbai, Jul 2 (PTI) Benchmark BSE Sensex declined by 287 points on Wednesday due to profit selling in HDFC Bank, L&T and Reliance Industries shares and caution ahead of the impending US tariff deadline. Flight of foreign capital from equities and a mixed trend in global equities impacted market sentiment, traders said. Among Sensex pack, Bajaj Finserv, Larsen & Toubro, Bajaj Finance, HDFC Bank, Bharat Electronics and Kotak Mahindra Bank were the major laggards. However, Tata Steel, Asian Paints, UltraTech Cement, and Trent were the biggest gainers. 'Mixed global cues, particularly ahead of the impending tariff deadline, are driving investor caution. Market attention is gradually shifting to crucial Q1 earnings, which have high expectations. 'Underlying trends such as robust macroeconomic fundamentals and increased government expenditure continue to support market resilience. However, being at the breach level of the recent rally, a cautiousness is expected to continue in the near term,' Vinod Nair, Head of Research, Geojit Investments Limited, said. The BSE smallcap gauge declined 0.20 per cent and midcap index dipped 0.18 per cent. Among BSE sectoral indices, realty dropped 1.36 per cent, financial services (0.92 per cent), industrials (0.84 per cent), power (0.77 per cent), bankex (0.69 per cent) and capital goods (0.69 per cent). Metal (1.44 per cent), consumer durables (1.22 per cent), commodities (0.90 per cent), telecommunication (0.55 per cent) and auto (0.22 per cent). As many as 2,205 stocks declined while 1,809 advanced and 157 remained unchanged on the BSE. India's manufacturing sector growth rose to a 14-month high of 58.4 in June, marked by improved trends in output and new orders, alongside a record upturn in employment, a monthly survey said on Tuesday. The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index – an indicator of sector performance – was 57.6 in May. Gross GST collection increased by 6.2 per cent to over Rs 1.84 lakh crore in June but slipped below the Rs 2 lakh crore mark recorded in the previous two months. The GST mop-up stood at Rs 1.74 lakh crore a year ago, as per government data released on Tuesday. In Asian markets, South Korea's Kospi, Japan's Nikkei 225 index and Shanghai's SSE Composite index settled lower while Hong Kong's Hang Seng index ended higher. European markets were trading in positive territory in mid-session deals. The US markets ended on a mixed note on Tuesday. Global oil benchmark Brent crude climbed 0.86 per cent to USD 67.69 a barrel. Foreign Institutional Investors (FIIs) offloaded equities worth Rs 1,970.14 crore on Tuesday, according to exchange data. On Tuesday, the Sensex rose by 90.83 points or 0.11 per cent to settle at 83,697.29. The Nifty gained 24.75 points or 0.10 per cent to close at 25,541.80. PTI SUM MR MR This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
