Sensex Today Trades Marginally Lower | Nifty Below 25,300 | HAL Rallies 3%

Tue, 3 Sep 10:30 am

   Previous Close   

   Pre-Open   

   Closing   

Asian stock markets are trading mixed on Tuesday, following the mixed cues from other global markets overnight, as traders largely stayed reluctant to make significant moves amid a lack of any new catalyst after a holiday on Wall Street.

On Monday Us Stock market was closed on account of labour day 2024.

Wall Street's main indexes rose on Friday and were set for monthly gains after a key inflation report reiterated moderating price pressures.

Here's a table showing how US stocks performed on Friday:

Stock/Index	LTP	Change ($)	Change (%)	Day High	Day Low	52-Week High	52-Week Low
Alphabet	165.11	1.71	1.05%	165.28	163.41	1.71	1.05%
Apple	229	-0.79	-0.34%	230.4	227.48	-0.79	-0.34%
Meta	521.31	3.09	0.60%	523.54	515.2	3.09	0.60%
Tesla	214.11	7.83	3.80%	214.57	207.03	7.83	3.80%
Netflix	701.35	8.87	1.28%	701.86	688.16	8.87	1.28%
Amazon	178.5	6.38	3.71%	178.9	172.6	6.38	3.71%
Microsoft	417.14	4.02	0.97%	417.49	412.13	4.02	0.97%
Dow Jones	41563.08	228.03	0.55%	41585.21	41145.85	41585.21	32327.2
Nasdaq	19574.64	249.18	1.29%	19582.17	19326.62	20690.97	14058.33

Source: Equitymaster

At present, the BSE Sensex is trading 45 points lower and NSE Nifty is trading 9 points lower.

Bharti Airtel, HCL Tech and Bajaj Finserv among the top gainers today.

Coal India, Titan and Kotak Mahindra the other hand are among the top losers today.

For a comprehensive overview of key players in the financial sector, check out list of Fin Nifty Companies.

For impact of the Bank Nifty companies and comprehensive overview of the index, check out Equitymaster's Bank Nifty Companies list.

Broader markets are trading on positive. The BSE Midcap index is trading 0.3% higher and the BSE Smallcap index is trading 0.7% higher.

Sectoral indices are trading positive today, with stocks in realty sector and capital goods sector witnessing buying. Meanwhile stocks in banking sector and oil & gas sector witnessing selling pressure.

The rupee is trading at Rs 83.94 against the US dollar.

In commodity markets, gold prices are trading marginally lower at Rs 71,503 per 10 grams today.

Now track the biggest movers of the stock market using stocks to watch today section. This should help you keep updated with the latest developments...

Speaking of the stock market, Is Kalyan Jewellers the Next Titan?

Not so fast!

In the below video, Rahul Shah Co-head of research at Equitymaster will break down the diamond and jewellery industry, analyze Titan's secret sauce, and assess if Kalyan Jewellers has what it takes to be a wealth creator.

Watch now to discover the truth.

Vedanta Announces Third Interim Dividend

Vedanta Ltd., the Anil Agarwal-owned mining conglomerate announced its third interim dividend of Rs 20 per share, at the conclusion of its board meeting on Monday.

The company had declared two other interim dividends of Rs 11 and Rs 4 per share respectively earlier this year.

With this, Vedanta has now paid Rs 35 per share as a dividend to shareholders in the current financial year.

This is also the highest dividend payout that the company has announced since April 2023, when it declared a dividend worth Rs 20.5 per share.

The current dividend payout will result in a total outgo of Rs 78.2 bn.

Based on their current stake, Vedanta Resources, the promoter entity of Vedanta Ltd. will receive a total payout of Rs 44.1 bn.

As of 20 July, Vedanta Resources had a 56.4% stake in Vedanta Ltd. after paring stake via block deals and institutional share sales.

The record date for the said dividend has been fixed as 10 September 2024. The company currently has 17.4 lakh small shareholders, or those with authorised share capital of less than Rs 2 lakh as of the end of the June quarter.

Cabinet Clears HAL Su-30 Engines

The cabinet committee on Monday approved the proposal for procurement of 240 aero-engines (AL-31FP) for Su-30 MKI aircraft of the Indian Air Force (IAF) under the Buy (Indian) category from Hindustan Aeronautics Limited (HAL) at a cost of over Rs 260 bn inclusive of all taxes and duties.

The delivery of these aero-engines would start after one year and complete over a period of eight years.

The engines will have indigenous content of over 54%, enhanced due to the indigenisation of some key components of aero-engines. These would be manufactured at the Koraput division of HAL.

Su-30 MKI is one of the most powerful and strategically significant fleets of IAF. The supply of these aero-engines by HAL would meet the fleet sustenance requirement of IAF to continue their unhindered operations and strengthen the country's defence preparedness.

ICICI Bank refutes Allegations

ICICI Bank has issued a statement refuting media reports that allege the lender continued paying a salary to SEBI Chairperson Madhabi Puri Buch after her retirement.

The bank clarified that no salary or ESOPs have been granted to Buch since her retirement on 31 October 2013, aside from her rightful retirement benefits.

In its statement, ICICI Bank explained that the payments made to Buch post-retirement were solely related to Employee Stock Options (ESOPs) and retiral benefits accrued during her tenure with the bank.

These ESOPs, as per the bank's rules at the time, could be exercised up to 10 years after vesting, even by retired employees. The bank also noted that the tax on these benefits, as required by Income Tax rules, was reflected in the Form 16 issued to Buch.

The clarification from ICICI Bank comes in response to allegations raised by Congress leader Pawan Khera, who claimed that while serving as a full-time member of SEBI, Buch continued to draw income from ICICI Bank, including Rs 168 million (m) in ESOPs and TDS.

He argued that this was a direct violation of Section 54 of SEBI regulations and demanded Buch's resignation.

To know what's moving the Indian stock markets today, check out the most recent share market updates here.

For information on how to pick stocks that have the potential to deliver big returns, download our special report now!

Read the latest Market Commentary

Top Gainers TodayTop Gainers over 1-WeekTop Gainers over 1-MonthTop Gainers over 1-YearTop Gainers over 3-YrsTop Gainers over 5-YrsTop Losers TodayTop Losers over 1-WeekTop Losers over 1-MonthTop Losers over 1-YearTop Losers over 3-YrsTop Losers over 5-YrsOnly BuyersOnly SellersMost Active StocksMost Popular Stocks52 Week High Stocks52 Week Low Stocks

INDICESBSE (Rs 0 to 1)BSE (Rs 1 to 2)BSE (Rs 2 to 4)BSE (Rs 4 to 10)BSE (Rs 10 to 20)BSE (Above Rs 20)BSE - AllBSE-30BSE-100BSE-200BSE-500BSE AutoBSE BankexBSE Capital GoodsBSE Consumer DurablesBSE FMCGBSE HealthcareBSE ITBSE MetalBSE Oil & GasBSE PSUBSE TeckBSE RealtyBSE PowerBSE A GroupBSE B GroupBSE Mid-CapBSE Small-CapBSE Basic MaterialsBSE Consumer DiscretionaryBSE IndustrialsBSE UtilitiesBSE Sensex 50BSE Sensex Next 50BSE Bharat 22BSE 150 MidCapBSE 250 SmallCapBSE 250 LargeMidCapBSE 400 MidSmallCapBSE AllCapBSE LargeCapBSE SmallCap SelectBSE 100 LargeCap TMCBSE InfraBSE ManufacturingBSE CPSEBSE Private BankBSE Diversified FinancialsBSE MomentumBSE Low VolatilityBSE QualityBSE Enhanced ValueBSE Divident StabilityS&P BSE IPOBSE SMEIPOBSE 100 ESGBSE CarbonexBSE GreenexNSE (Rs 0 to 10)NSE (Rs 10 to 20)NSE (Above Rs 20)NSE - AllNSE-50NSE ITNSE Nifty Midcap 50NSE JR. NiftyNSE Bank NiftyNIFTY Next 50NIFTY 100NIFTY 200NIFTY 500NIFTY MidCap 100NIFTY SmallCap 250NIFTY SmallCap 50NIFTY SmallCap 100NIFTY LargeMidCap 250NIFTY MidSmallCap 400NIFTY AutoNIFTY Consumer DurablesNIFTY FinanceNIFTY FMCGNIFTY MediaNIFTY MetalNIFTY PharmaNIFTY Private BankNIFTY PSU BankNIFTY RealtyNIFTY Oil & GasNIFTY SME EmergeNIFTY CommoditiesNIFTY CPSENIFTY EnergyNIFTY India ConsumptionNIFTY InfraNIFTY MNCNIFTY PSENIFTY Serv SectorNIFTY100 Liquid 15NIFTY Midcap Liquid 15NIFTY Midcap 150 Quality 50NIFTY50 Equal WeightNIFTY100 Equal WeightNIFTY100 Low Volatility 30NIFTY100 Alpha 30NIFTY Alpha 50NIFTY Dividend Opportunities 50NIFTY High Beta 50NIFTY Low Volatility 50NIFTY200 Quality 30NIFTY 500 Value 50NIFTY 100 Quality 30SECTORSAgricultureAirlinesAluminiumAsset Management CompaniesAutomobilesAuto AncillariesBanks (Private)Banks (PSU)BankingCementChemicalsDefenceDiagnosticsDronesEngineeringElectric VehicleElectric Vehicle BatteryEnergy SourcesESGEthanolFertilizersFintechFMCGFoodGreen HydrogenHotelsInfrastructureInsuranceInvestment and FinanceInvITIT (Large)IT (Others)LogisticsMediaMetalMiningIndia's Big Tech StocksIndian PharmaMNC PharmaPSUPaintPaperPlasticPowerRating AgenciesReal EstateREITsRenewable EnergyRetailingSemiconductorShippingSteelSugarSupply ChainTelecomTextilesTravel Support Services

10 results 25 results 50 results 100 results All results

Indian Share Market Update: Top Gainers and Losers