#OnCNBCTV18 | Expect stronger H2 for cement companies as input cost pressures decline & realisations improve. There is still scope for broader markets to do well. Believe there is a decent tailwind in commercial vehicles space, says Krishna Kumar Karwa of Emkay Global pic.twitter.com/5UoLwFyF4d
— CNBC-TV18 (@CNBCTV18Live) September 7, 2022
CG Power Large Trade | 54.5 lk shares (0.4% equity) worth Rs 10.9 cr change hands at Rs 215 per share
Market update at 10 AM: Sensex is down 300.33 points or 0.51% at 58896.66, and the Nifty shed 83.80 points or 0.47% at 17571.80.
Gold Prices Today: Aggressive US Fed, strong dollar to pressure yellow metal
“We expect gold prices to trade sideways to down for the day with COMEX spot gold support at $1676 and resistance at $1720 per ounce. MCX gold October support lies at Rs 49800 and resistance at Rs…
Sensex is down 340.37 points or 0.57 percent at 58,856.62. Take a look at the top losers
Bharti Airtel Large Trade | 10.5 cr shares (1.8% equity) worth Rs 7,906 cr change hands at Rs 750 per share
Sensex opens lower by around 400 points or 0.57 percent at 58,858.13. Nifty falls 110 points or 0.62 percent at 17,546.50.
Rupee opens at 79.88/$ versus Tuesday’s close of 79.84/$
Pre-Open Session
Sensex is down 407.73 points or 0.69 percent at 58,789.26, and the Nifty is down 136.20 points or 0.77 percent at 17,519.40
Our FY25 topline target of $36 billion remains unchanged despite global challenges: SAMIL Chairman VC Sehgal
Wiring harness had almost come down to about 20-25 percent of our business. Interestingly, even the shareholders were very confused about what Motherson was doing.
China August Trade Data
Imports up 0.3 percent YoY in $ terms versus estimates of 1.1 percent rise. Exports up 7.1 percent YoY in $ terms against estimate of 13 percent rise. Trade balance at $79.39 bn versus estimates of $92.70 bn
Deepak Jasani, Head of Retail Research, HDFC Securities
Indian markets could open lower, in line with Asian markets today and negative US markets on Tuesday. US stocks closed lower on Tuesday after a volatile session that saw the Dow swing roughly 400 points from peak to trough, while the Nasdaq Composite clinched its longest losing streak in six years falling for 7 consecutive sessions
