E Amazings – Money management
  • Home
  • Automotive
  • Business
  • CBD
  • Crypto
  • Education
  • Entertainment
  • Fashion
  • Finance
  • Health
  • Home Improvement
  • Law \ Legal
  • News
  • Shopping
  • Sports
  • Technology
  • Travel
  • Need Help?

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

What Closing Costs Do Home Buyers Have?

February 25, 2023

What Is Realtek HD Audio Manager

February 2, 2023

A Basic Guide To Cell Tower Leasing

February 2, 2023
Facebook Twitter Instagram
E Amazings – Money management
  • Home
  • Automotive
  • Business
  • CBD
  • Crypto
  • Education
  • Entertainment
  • Fashion
  • Finance
  • Health
  • Home Improvement
  • Law \ Legal
  • News
  • Shopping
  • Sports
  • Technology
  • Travel
  • Need Help?
Facebook Twitter Instagram
E Amazings – Money management
You are at:Home»Business»Stock Market Today 8 September 2022: Things to Know Before Market Opens on 9th September 2022
Business

Stock Market Today 8 September 2022: Things to Know Before Market Opens on 9th September 2022

By September 8, 2022No Comments4 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter Pinterest WhatsApp Email

[ad_1]

Stock Market Today 8 September 2022: Indian stock markets were upbeat on the weekly expiry day. On Thursday, the BSE Sensex closed at 59,688.22, up by 659.31 points or 1.12 per cent from the Wednesday closing price, while the 50-share Nifty50 index settled at 17798.75, up 174 by points or 1 per cent from the last closing. 

In the 30-share BSE Sensex, 25 stocks were gainers at the closing time. The remaining 5 were losers. Meanwhile, in the 50-share Nifty50, 33 advanced, 16 declined, 1 remained unchanged. 

Nifty Bank closed at 40208.95 and was up 1.9 per cent or 733 points. Out of the 15 sectoral indices, 10 ended positively while 5 were in red at the closing time. The broader markets also witnessed significant action with mid cap and small cap stocks trading in the green for the entire trading session.

Stock Market Today 8 September 2022: What to Watch out for when markets reopen on Friday:

1) FII/DII Activity: The Foreign Institutional Investors were net buyers on Thursday and bought Indian equties worth Rs 2913.09 cr. Meanwhile, the Domestic Institutional Investors (DIIs) sold stocks worth Rs 212.61 cr as per the data available on the NSE website. 

2) Automobile retail sales in India rise 8.31% in August: FADA

Retail sales of automobiles in India grew 8.31 per cent in August this year on the back of increase in registrations of vehicles across all major segments, automobile dealers’ body FADA said on Thursday.

As per data released by the Federation of Automobile Dealers Associations (FADA), total vehicle retail sales in the country stood at 15,21,490 units last month as compared to 14,04,704 units in August 2021.

Passenger vehicles (PV) retail sales stood at 2,74,448 units as compared to 2,57,672 units in the year-ago month, a growth of 6.51 per cent.

Two-wheeler (2W) retail sales also grew by 8.52 per cent at 10,74,266 units in August 2022 as against 9,89,969 units in the same month last year, it added.

FADA said the three-wheeler (3W) segment witnessed the highest growth rate last month posting 83.14 per cent increase at 56,313 units, up from 30,748 units in the same month a year ago.

Commercial vehicles (CV) also witnessed a robust 24.12 per cent growth at 67,158 units as against 54,107 units in the year-ago month. PTI

3) Bulk Deals:

 Source: NSE

4) Security ban for trade on 9 September, Friday is DeltaCorp

5) Gross Open Interest:

Source: Stock Edge:

6) Rupee Vs Dollar: Rupee rises by 26 paise to close at 1-week high against US dollar on forex inflows

The rupee rose by 26 paise to close at a week’s high of 79.69 against the US dollar on Thursday amid easing crude oil prices and a firm trend in domestic equities.

Foreign fund inflows and the US dollar edging lower also boosted the local currency.

At the interbank forex market, the local unit opened at 79.72 against the greenback. It witnessed an intra-day high of 79.65 and a low of 79.83 during the session.

It finally ended at 79.69, up 26 paise from its previous close of 79.95.

“Indian Rupee continues to be an outperformer, aided by lower oil prices and FPI inflows. RBI remains an aggressive seller near 80 handle,” said Anindya Banerjee, VP, Currency Derivatives & Interest Rate Derivatives at Kotak Securities Ltd.

Global backdrop is conducive for USD strength but that would play out by way of limiting the gains in rupee, rather than pushing it below 80 against USD, Banerjee said.

“Therefore, we could see more range bound and low volatility price action over the near term,” Banerjee said.

7) European Central Bank makes largest-ever interest rate hike to snuff out record inflation

8) Around 10 pm, MCX October Gold Futures were trading at Rs 50285 per 10 gram and were down by Rs 221 points or 0.44 per cent from the Wednesday closing price. Meanwhile, December Silver futures were trading at Rs 54095, up by Rs 68 or 0.13 per cent.



[ad_2]

Source link

Related Posts

Air Duct Repair 101: Everything You Need To Know

By Corbin BowenFebruary 2, 2023

Advantage LIC? How Budget Insurance Amendment Bill may benefit the PSU insurance giant

By January 5, 2023

LIC offering multiple benefits on premium payment with co-branded credit cards with Axis Bank: Check features, offer

By January 5, 2023

Foreign universities will need UGC’s nod to set up campuses in India

By January 5, 2023
Add A Comment

Comments are closed.

Our Picks

What Closing Costs Do Home Buyers Have?

By Corbin BowenFebruary 25, 2023

What Is Realtek HD Audio Manager

By Corbin BowenFebruary 2, 2023

A Basic Guide To Cell Tower Leasing

By Corbin BowenFebruary 2, 2023
Recent Posts
  • What Closing Costs Do Home Buyers Have? February 25, 2023
  • What Is Realtek HD Audio Manager February 2, 2023
  • A Basic Guide To Cell Tower Leasing February 2, 2023
  • Air Duct Repair 101: Everything You Need To Know February 2, 2023
  • Advantage LIC? How Budget Insurance Amendment Bill may benefit the PSU insurance giant January 5, 2023
  • The Flight Of The Dremel January 5, 2023
  • LIC offering multiple benefits on premium payment with co-branded credit cards with Axis Bank: Check features, offer January 5, 2023
Archives
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • September 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
Facebook Twitter Instagram Pinterest TikTok
© 2022 E Amazings - All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.