MARKET OVERVIEW :
Currency Market Overview January 8, 2024
Sensex Today | Share Market Live Updates: Sensex drops 400 points, Nifty below 21,600; PSU banks, FMCG cos slump:
Indian Bourses in consolidation mode: Wait and pluck the low-hanging juicy fruits for a long-term gain:
Sensex Today Live: Waaree Renewable Technologies stock hits new record high, zooms 50%; hits a new record high of ₹2,849 apiece in today’s trade
Sensex Today | Share Market Live Updates: Indian benchmark indices Sensex and Nifty were lower on Monday amid volatile trade. Banks and FMCG shares dropped the most, while auto and oil & gas gained
Thank you for reading this post, don't forget to subscribe!Sensex Today | Share Market Live Updates: FPI net inflows into Indian equities and debt in 2023-24 have reached a nine-year high. At ₹2.68 trillion, this is just ₹9,625 crore away from 2014-15’s record net inflows of ₹2.77 trillion.
Indian stock indices were lower on Monday amid volatility. Sensex was down 450 points and Nifty was below 21,600. Markets are likely to be significantly influenced by the upcoming quarterly earnings from major IT companies like TCS and Infosys, as well as global market trends. Markets will also closely watch for macroeconomic data such as inflation figures for December and industrial production data for November, which are due post-market hours on Friday. Other factors that are likely to impact trading include global oil prices, trends in the rupee-dollar exchange rate, and the investment patterns of both foreign and domestic institutional investors.
Global factors like US inflation data, initial jobless claims, China’s inflation data, and the UK’s GDP will be eyed. Asian stock markets were in a narrow range on Monday as traders awaited inflation data this week from the US, Japan and China. Japanese markets were closed for a holiday.
Meanwhile, foreign portfolio investment net inflows into Indian equities and debt in 2023-24 have reached a nine-year high. At ₹2.68 trillion, this is just ₹9,625 crore away from 2014-15’s record net inflows of ₹2.77 trillion.
Sensex Today Live: Indian airlines complete checks on Boeing 737 MAX: DGCA
Indian airlines have completed the precautionary checks on the Boeing 737 MAX fleet in India as part of a directive by Indian civil aviation regulator, the Directorate General of Civil Aviation said.
“As a precautionary measure, DGCA on 6 Jan directed all Indian operators with Boeing 737 Max 8 aircraft to check the operation and proper closing of all over wing emergency exits by 7 Jan. These checks have been satisfactorily performed on the fleet of operational fleet of Boeing B737-8 Max aircraft by Air India Express (4), SpiceJet (8) and Akasa Air (20),” the regulator said.