![]() ![]() The barometer index, the S&P BSE Sensex, was up 240.98 points or 0.37% to 65,628.14. US stocks were closed on Monday for the Labor Day holiday.īack home, equity benchmarks gained moderately on Monday, following positive global markets and encouraging domestic macroeconomic data. The country's service purchasing managers index stood at 54.3 in August, unchanged from the flash estimates released in late August and higher than the 53.8 in July. Japan's service sector activity expanded at the fastest pace since May, according to a private survey from au Jibun bank. Investors are also monitoring purchasing managers index readings from China and India. The Reserve Bank of Australia is expected to hold its benchmark policy rate for the third straight month, as per reports. Overseas, Asian stocks are trading lower ahead of Australia's central bank's rate decision, as well as inflation and business activity readings from across the region. Trading of Nifty 50 index futures on the GIFT Nifty indicates that the Nifty could rise 4 points at the opening bell. The Nifty 50 index added 46.10 points or 0.24% to 19,574.90.įoreign portfolio investors (FPIs) sold shares worth Rs 1,725.11 crore, while domestic institutional investors (DIIs), were net buyers to the tune of Rs 1,077.86 crore in the Indian equity market on 5 September, provisional data showed. US stocks ended lower on Tuesday as the rise in crude oil prices weighed on stocks.īack home, domestic shares continued to rise for the third consecutive session. Saudi Arabia will extend its cut of 1 million barrels per day until the end of December, while Russia will reduce its oil exports by 300,000 barrels per day.Īustralia's gross domestic product expanded 2.1% in the second quarter from a year ago, lower than the 2.3% year-on-year growth recorded in the first quarter. ![]() Overseas, Asian stocks are trading mixed after Saudi Arabia and Russia extended voluntary oil production cuts to the end of the year. Trading of Nifty 50 index futures on the GIFT Nifty indicates that the Nifty could fall 15 points at the opening bell. ![]()
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