SENSEX 81,688.45 -808.65 NIFTY 25,014.60 -235.50 CRUDEOIL 6,296.00 + 135.00 GOLD 75,640.00 + 121.00 SILVER 93,020.00 + 42.00 SENSEX 81,688.45 -808.65 NIFTY 25,014.60 -235.50 NIFTY 25,014.60 -235.50 CRUDEOIL 6,296.00 + 135.00 CRUDEOIL 6,296.00 + 135.00 GOLD 75,640.00 + 121.00 Home Markets Updated – October 04, 2024 at 04:47 PM. Sensex, Nifty, Share Prices: In an unpredictable trading session, Indian equity markets experienced a sharp decrease on Friday, with the benchmark indices closing considerably lower. The BSE Sensex dropped 808.65 points or 0.98 percent to end at 81,688.45, while the Nifty 50 fell 200.25 points or 0.79 percent to close at 25,049.85. The sell-off was mainly credited to increasing geopolitical stress in the Middle East, which pressed petroleum rates greater and moistened financier belief. Brent unrefined risen by $5.5 per barrel to $78, raising issues about inflationary pressures and prospective hold-ups in rates of interest cuts. Market breadth stayed unfavorable, with 2,387 stocks decreasing versus 1,563 bear down the BSE. The mid-cap and small-cap indices surpassed large-caps, losing 3.1 percent and 1.8 percent respectively over the previous week, compared to the 4.2 percent decrease in the Nifty-50 and Sensex. financial investment preparation and method idea, business owner holding smart device dealing with virtual halogram trading chart, Stock market, Business development, development or success principle.|Image Credit: cherdchai chawienghong Stock Market today|Share Market Updates – Find here all the updates connected to Sensex, Nifty, BSE, NSE, share costs and Indian stock exchange for October 4, 2024 ALL UPDATES October 04, 2024 16:31 Stock market live updates today: Market topples as Sensex sheds 808 points amidst increasing geopolitical stress In an unpredictable trading session, Indian equity markets experienced a sharp decrease on Friday, with the benchmark indices closing substantially lower. The BSE Sensex dropped 808.65 points or 0.98 percent to end at 81,688.45, while the Nifty 50 fell 200.25 points or 0.79 percent to close at 25,049.85. The sell-off was mostly credited to increasing geopolitical stress in the Middle East, which pressed petroleum rates greater and moistened financier belief. Brent unrefined risen by $5.5 per barrel to $78, raising issues about inflationary pressures and possible hold-ups in rates of interest cuts. October 04, 2024 16:29 Stock market live updates today: Rupee closes flat at 83.96 versus United States dollar The rupee traded on a flat note and settled at 83.96 (provisionary) versus the United States dollar on Friday as rising petroleum rates in the middle of unpredictable geopolitics weighed on the regional system, while the Reserve Bank stepped in to avoid the domestic currency from touching its least expensive level. Forex traders stated a weak American currency versus significant Asian competitors along with the RBI’s relocate to offer dollars supported the regional system. It was weighed down by weak domestic equity markets and unabated outflow of foreign funds. At the interbank forex, the regional system opened at 83.96 and moved in between a narrow series of 83.93 and 83.97 versus the greenback. The system stopped working to recuperate from its deep plunge seen in previous sessions, and ended flat at 83.96 (provisionary) versus the dollar. October 04, 2024 16:00 Stock market live updates today: DroneAcharya Aerial Innovations broadens international existence by signing a Memorandum of Understanding (MoU) with American Blast Systems (ABS) Inc. DroneAcharya Aerial Innovations Ltd has actually broadened its international existence by signing a Memorandum of Understanding (MoU) with American Blast Systems (ABS) Inc. to bring modern-day drone options to the American, European, and UK markets. This collaboration intends to present ‘Made in India’ drone innovation into the American market, while ABS produces these drones in your area in the United States to speed up sales. October 04, 2024 15:57 Stock market live updates today: Top gainers and losers on the NSE Top gainers: Infosys (1.51%), ONGC (1.18%), HDFC Life (1%), Tata Motors (0.85%), Wipro (0.65%) Top losers: M&M (-3.54%), Bajaj Finance (-2.86%), Asian Paints (-2.40%), Nestle India (-2.33%), BPCL (-2.31%) October 04, 2024 15:57 Stock market live updates today: Sensex toppled 808.65 points or 0.98 percent to close at 81,688.45, and Nifty 50 ended at 25,049.85, lower by 200.25 points or 0.79 percent October 04, 2024 15:56 Stock market live updates today: Samhi Hotels conclusion execution of Share Purchase Agreement (“SPA”) for the acquisition of Innmar Tourism and Hotels Pvt Ltd. October 04, 2024 15:21 Stock market live updates today: Krishna Appala, Sr. Research Study Analyst, Capitalmind Research, on the Indian markets It has actually been an unstable week for Indian markets. Awesome 50 is down -4.5%, Nifty Midcap is down -3.3%, and Nifty Smallcap by -2.3% today. Cool Metals, nevertheless, continued their upward trajectory, closing the week with 0.3% returns. 2 significant occasions in the week passed have actually substantially affected our markets: SEBI’s brand-new F&O guidelines and the increasing geopolitical stress in between Iran and Israel. New SEBI F&O Regulations: Who Benefits and Who Doesn’t: SEBI’s newest F&O policies present modifications that will impact various market individuals in differing methods. Discount rate brokers like Zerodha and Groww, which deal with retail traders, might experience lower trading volumes due to the boost in agreement size and the limitation of weekly expirations to simply one benchmark index per exchange. On the other hand, conventional brokers and wealth supervisors might deal with less effect, as their customer base includes more institutional and high-net-worth people. BSE might see some advantage from the constraint on weekly expirations, as it might bring in traders moving from NSE. While discount rate brokers and retail traders are anticipated to adapt to these modifications, AMCs and depositories will likely stay untouched. RTAs might experience functional modifications however without considerable disturbances. In general, SEBI’s goal is to lower speculative trading and bring more stability to the marketplace, benefiting long-lasting institutional gamers while improving the characteristics for retail individuals. Geopolitical Situation in the Middle East: The continuous stress in the Middle East, especially in between Israel and Iran, have actually included volatility to worldwide markets, particularly with petroleum costs increasing by over 5% in the previous 2 days. The scenario intensified after a rocket strike in Beirut and vindictive hazards in between Israel and Iran. OPEC+ has actually declared strategies to increase output in December, issues stay about possible effects on Iran’s oil facilities. The crucial lesson here is that while we can not anticipate the future, it’s essential to have a top-level strategy and not respond in panic. These geopolitical flare-ups tend to take place occasionally, and though the circumstance might appear vital now, such stress have actually occurred before. Nuclear weapons function as a deterrent, guaranteeing they are never ever utilized, while more effective arms are established with the hope of preventing dispute entirely. In the end, this too will pass, and remaining calm stays the very best technique. October 04, 2024 15:19 Stock market live updates today: Bajaj Housing Finance board has actually set aside 55,000 NCDs, aggregating to 550 crore on personal positioning basis October 04, 2024 15:18 Stock market live today: Merger of IDFC into IDFC FIRST Bank finished with result from October 1; IDFC First Bank stock trades flat on NSE IDFC First Bank reported that the merger of IDFC Ltd into IDFC FIRST Bank has actually been finished with impact from October 1. The bank’s Loans and Advances grew from 1,83,236 crore since 30-Sept-2023 to 2,22,188 crore since 30-Sept-2024, with YoY development of 21.3% The IDFC First Bank stock trades flat at 71.81 on the NSE. October 04, 2024 15:15 Stock market live today: Top gainers and losers on the NSE at 3 pm Top gainers: Infosys (1.49%), ONGC (1.11%), HDFC Life (0.67%), Tech Mahindra (0.66%), Tata Motors (0.50%) Top losers: M&M (-3.62%), Bajaj Finance (-3.34%), Nestle India (-2.80%), Asian Paints (-2.74%), Hero Motocorp(-2.73%) October 04, 2024 15:15 Stock market live today: BSE picture at 3pm Of 4,038 stocks traded on the BSE at 3 pm on October 4, 2024, 1,456 advanced versus 2,473 stocks that decreased, and 109 stayed the same. While 189 stocks tape-recorded a 52-week high, 60 struck a 52-week low. An overall of 308 stocks sold the upper circuit, and 276 in the lower circuit. October 04, 2024 14:52 Stock market live today: NCLT Mumbai sanctions plan of amalgamation of National Steel and Agro Industries with JSW Steel Coated Products (wholly-owned arm of JSW Steel) Stock trades flat on NSE October 04, 2024 14:47 Stock market live today: Sensex dips even more by 814.48 points or 0.99% to 81,682.62 as at 2.44 pm. Cool crashes listed below 25,000 level October 04, 2024 14:46 Stock market live today: Super Crop Safe has actually signed up 46 brand-new particles and will look for 15 brand-new generation particles with Central Insecticide Board of India; shares increase 2.27% to 16.70 on BSE October 04, 2024 14:43 Stock market live today: Founder and CEO of True North Financial Services on market correction The benchmark indices have actually fixed by around 2.10%. This fall can be credited to the most recent escalation in West Asia, with Iran assaulting Israel, SEBI’s curbs on Futures and Options, and the most likely reallocation of funds to China after it revealed a stimulus for its economy. These aspects, accompanied by an increase in safe-haven properties like the United States Treasury yields and the Dollar Index, have actually pushed dangerous properties such as emerging market stocks. If Iran tries to obstruct the Strait of Hormuz, it might result in a petroleum cost shock, with Brent breaching the $95/barrel mark. This can have a serious influence on the currently having a hard time worldwide economy, specifically on India. The Indian economy is well-placed to tackle this crisis. Our forex reserves stand at $692 billion. The bank account deficit is comfy at 1.1%, and external financial obligation is at 18.7% of GDP in FY 2024. Corrections such as this can be classified as technical corrections, as the Indian development story stays undamaged. Such corrections must be anticipated, specifically when markets are at an all-time high. Historically, these technical corrections have actually been purchased into, especially with the high levels of money readily available to Domestic Institutional Investors. One must utilize this
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