Stock Market Today: The benchmark Sensex and Nifty index are expected to open on July 19 with the broader indices flat to negative. In today's trading session, GIFT Nifty is trading at the level of 24,828.50. In the previous trading session, the Sensex closed at 81,343.46 with a gain of 0.78% on the BSE. At the same time, the Nifty 50 index on the NSE closed at 81,343.46 with a gain of 0.76%.
Stay tuned to Moneycontrol to know what is happening in the currency and equity markets today. Here we present to you a list of important news of the day running across all news platforms that can have an impact on the Indian and international markets.
GIFT Nifty is trading marginally lower in today's trading session, indicating a flat to negative start to the day. Nifty futures were trading around 24,828.50.
Global Market Signals
Global signals for the market are looking mixed. Nikkei and GIFT Nifty are showing flat performance in Asia. But US futures are trading with a quarter percent recovery. US markets closed with a decline yesterday due to profit booking. Dow fell by 530 points.
Profit-booking was seen in US markets yesterday. Russell 2K closed down nearly 2% yesterday. Amazon Prime Day sale is going on. Shopping in the US increased by 11%. People spent a record $14.20 billion. TSMC's results were good. Q2 revenue rose 40% to $20.82 billion. Q2 profit rose 36% to NT$247.85 billion. Demand for advanced chips used in AI increased. The company saw an increase in revenue guidance for the third quarter. Nokia's results were poor. The company's profit fell 32% in the second quarter. Profit fell from 619 million euros to 423 million euros. Demand for 5G telecom equipment declined.
Asian Marketplace
Today, mixed trading is being seen in the Asian market. GIFT Nifty is trading with a marginal gain of 2.50 points. At the same time, Nikkei is seen around 39,952.62 with a gain of 0.43 percent. At the same time, Straits Times is seeing a decline of 0.79 percent. Taiwanese markets are trading 1.50 percent down at 23,047.96. While Hang Seng is seen at 17,427.66 with a weakness of 1.97 percent. At the same time, Kospi is trading 1.40 percent down at 2,784.78. At the same time, Shanghai Composite is trading 4.92 points or 0.17 percent down at 2,972.21.
FII and DII statistics
Foreign institutional investors bought shares worth Rs 5483 crore in the Indian markets on July 18. At the same time, domestic institutional investors sold shares worth Rs 2904 crore on this day.
Upcoming stocks in F&O ban
Restricted counterparties under the F&O segment include firms whose derivatives exposure exceeds 95 per cent of the market-wide position limit.
New stocks included in F&O ban: Bandhan Bank, Hindustan Aeronautics, India Cements, SAIL
Stocks retained in F&O ban: Balrampur Chini Mills, GMR Airports Infrastructure, GNFC, Hindustan Copper, Piramal Enterprises, RBL Bank and Vedanta
Stock removed from F&O ban: Chambal Fertilizers & Chemicals