LIVE MARKET NEWS (08/06/2020) : Live Market News : [Live] Stocks News In this article MoneyPip Updates Latest Stocks Market News, Live Indian Market,Live Share Market News,Live CNBC Awaaz , Live Global Market etc.
CLOSING BELL: Sensex cuts gains, ends 83 pts higher; Nifty ends above 10,150; Voda Idea jumps 12%
- 18 of 30 Sensex stocks end the day in the green
- Index contributors: Infy, Axis Bank, Bajaj Fin, ICICI Bank, TCS
- Top Index gainers: IndusInd Bank (7.21%), Axis Bank (6.40%), ONGC (4.95%)
- Top Index losers: M&M (2.73%), Ultratech Cement (2.36%), HDFC Bank (1.72%)
- S&P BSE Basic Materials biggest sectoral loser, down 0.90%
- S&P BSE OIL & GAS biggest sectoral gainer, up 2.39%
- Volume toppers: RIL, HDFC Bank, SBI, Bajaj Fin, IndusInd Bank
>>OPENING BELL: Sensex surges 600 points, Nifty tops 10,300; IndusInd Bank jumps 7%, Axis 5%
>>Pre-open session: Sansex jumps 500 points, Nifty tops 10,300
>>Wall Street set to build on last week’s rally as Dow futures rise over 60 points The Dow surged 6.8% last week while the S&P 500 jumped 4.9%. The Nasdaq Composite climbed 3.4% and closed at record levels for the first time since Feb. 19
>>SGX Nifty trading at levels around 10,260 Vs Nifty June Fut’s Friday close fo 10,144, indicating a gap-up opening for the Indian market
>>China’s exports and imports both fell in May Exports fell 3.3% YoY to $206.8 bn Imports fell 16.7% to $143.9 bn The fall in imports drove trade surplus up sharply to $62.9 bn The surplus with the USA reached $27.9 bn
>>Places of worship, hotels, restaurants, and malls to reopen from today
>>World coronavirus Cases: 7,081,580 Deaths: 405,050 Recovered: 3,454,122 —– India Cases: 2,57,400 —– Maharashtra: 85970 Mumbai: 48,770
>>Global Market Cues 1/2 -AstraZeneca made an offer to merge with Gilead Sciences -Crude oil jumps 5% as production cut extended one more month -Gold slid to $1687
>>Global Market Cues 1/1 -Dow Future up 122 points -Asia markets set to open in green -Dow rally 830 points on Friday -US job data better than expected – Nonfarm payrolls up by 25 Lkin May and the unemployment rate fell to 16.3%
>>Nifty futures on the SGX Nifty traded 55.30 points, or 0.54 per cent higher at 10,234.30 in signs that Dalal Street was headed for a positive start on Monday.
>>Alembic Limited NARAYU PVT. LTD. (Promoter) Buys 39,26,391 shares PVR Limited SYLEBRA CAPITAL PARTNERS MASTER FUND LTD. Buys 599986 shares Pennar Industries Ltd DSP BLACKROCK MUTUAL FUND sells 753027 shares
Sensex, Nifty on Friday
Equity indices resumed their upward march on Friday as investors piled into banking and infrastructure stocks amid robust foreign fund inflows and a firm trend in global markets. Reversing the previous session’s decline, the BSE Sensex zoomed 306.54 points or 0.90 per cent to end at a three-month high of 34,287.24. The broader NSE Nifty rose 113.05 points or 1.13 per cent to 10,142.15.
Nifty50 defended its immediate support at 10,000 level throughout Friday’s session. The index formed a bullish candle on the daily chart, as the bulls were not willing to give in following Thursday’s fall. This was the second week of sharp gains for Nifty50, which has now reached its 20-week moving average on the weekly chart. Analysts said the index has the potential to move towards the 10,300 level, as there are no sign of weakness on technical charts.