News and Global Index updates.

🌹 🌞Good Morning 🌞🌹

*SGXNIFTY*

Last : 17475 

(From 17823) 

*Change : -348 points*

Open : 17488

High : 17489

Low : 17427.5

*Time : 07:54am*

*CLOSING BELL*

DOW ➖ *-280.44* 🔻

NASDAQ ➖ *-66.93* 🔻

S&P500 ➖ *-31.16*🔻

SGX ➖ *-292.50*  (17520)🔻

Insider Trades

⚡Nirlon: Promoter Group Shital Trading Interiors sold 5,000 shares on August 29.

⚡Arman Financial Services: Promoter Himani A Manakiwala sold 2,000 shares on August 29.

⚡Zydus Wellness: Promoter Group Zydus Family Trust bought 5,785 shares on August 29.

⚡Vaibhav Global: Promoter Group Brett Enterprises bought 4,000 shares on August 29.

⚡Geojit Financial Services: Promoter BNP Paribas SA sold 9.32 lakh shares between August 24 and August 26.

⚡Jindal Steel & Power: Promoter Group Opelina Sustainable Services bought 16.09 lakh shares on August 25.

⚡DB Corp: Promoter Girish Agarwal bought 3.77 lakh shares between August 24 and August 29.

⚡Star Cement: Promoter Group Sarika Jalan sold 1,927 shares on August 24.

*🙏GOOD MORNING🙏*

Gap down opening expected to be seen as market is about to digest weakness of two days at opening trade.

*Global Peers Update:* Asian markets are trading in red zone amid the weak overnight cues. U.S. stocks ended the month with their fourth straight daily decline on Wednesday, cementing the weakest August performance in seven years as worries about aggressive interest rate hikes from the Federal Reserve persist.

*Sectors to Watch:* Consumer stocks likely to remain on focus from lower levels while Oil upstream stocks, Auto, Technology, Realty and Metal stocks likely to remain resistive during the day.

*SGX NIFTY Price* 17472.0 *Change:* -38.0 Points, Percent Change: -0.22%

*SGX NIFTY Price* 17472.0 *Adjusted Change:* -355.0 Points, Percent Change: -2.00%

*Technical Levels: Nifty Near Future*

*Support*: 17432.0/17370.0

*Resistance*: 17608.0/17685.0

*Technical Levels: Bank Nifty Near Future*

     

*Support*: 39072.0/38741.0

*Resistance*: 39707.0/39794.0

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