
Quick Wrap: Nifty FMCG Index rises 1.44%

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Economic Times
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- Economic Times
US stocks open flat as chip stocks dip on China sales deal
(What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper 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


Business Standard
an hour ago
- Business Standard
Quick Wrap: Nifty PSU Bank Index records a surge of 2.20%
Nifty PSU Bank index ended up 2.20% at 7032.7 today. The index has added 0.00% over last one month. Among the constituents, Indian Bank jumped 3.56%, Union Bank of India rose 2.90% and Punjab National Bank gained 2.49%. The Nifty PSU Bank index has increased 1.00% over last one year compared to the 0.89% spike in benchmark Nifty 50 index. In other indices, Nifty Realty index increased 1.86% and Nifty Infrastructure index increased 1.11% on the day. In broad markets, the Nifty 50 witnessed a rise of 0.91% to close at 24585.05 while the SENSEX witnessed a rise of 0.93% to close at 80604.08 today.


Business Standard
an hour ago
- Business Standard
GIFT Nifty hints toward positive start to equities on D-Street
GIFT Nifty: GIFT Nifty August 2025 futures were currently trading 15 points (or 0.06%) higher, suggesting a possible green opening for the Nifty 50 today. Institutional Flows: Foreign portfolio investors (FPIs) bought shares worth Rs 1,932.81 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 7,723.66 crore in the Indian equity market on 08 August 2025, provisional data showed. According to public data, FPIs have sold shares worth Rs 14,018.87 crore in the cash market during August 2025. This follows their cash sales of shares worth Rs 47,666.68 crore in July 2025. Global Markets: Markets in Asia traded in a mixed manner on Monday as investors awaited official announcement on changes to the August 12 deadline for the trade truce between the U.S. and China. This week trade and geopolitics will take centrestage with the looming U.S. tariff deadline on China due to expire on Tuesday and markets are expecting that this will get extended again. Further, President Donald Trump and Russian leader Vladimir Putin are due to meet in Alaska on Friday to discuss Ukraine. On Wall Street, the Nasdaq Composite ended last week at fresh closing highs, and the S&P 500 closed on the threshold of another milestone. The Dow also finished the week on a high note. A rally in Apple which has been a significant laggard this year helped bolster the market. The Dow Jones Industrial Average rose 206.97 points, or 0.47%, to 44,175.61, the S&P 500 gained 49.45 points, or 0.78%, to 6,389.45 and the Nasdaq Composite gained 207.32 points, or 0.98%, to 21,450.02. Domestic Market: Headline equity benchmarks ended sharply lower today as traders stayed cautious following President Donald Trumps tariff hike announcement. On August 6, Trump raised US tariffs on Indian goods from 25% to 50%, blaming New Delhis continued purchase of Russian oil. India fired back, calling the move "unfair" and "unjustified." This escalating trade tension sent market sentiment into risk-off mode, with investors turning more defensive. Adding to the gloom were persistent foreign investor outflows and muted Q1 earnings, which further weighed on sentiment. The Nifty slipped below the 24,400 mark, with realty, consumer durables, and metals shares leading the sell-off. The S&P BSE Sensex took a hit, dropping 765.47 points, or 0.95%, to close at 79,857.79. The Nifty 50 followed suit, slipping 232.85 points, also 0.95%, to finish at 24,363.30.