The Sensex and Nifty moves look flat amid mixed global cues. Sensex is seeing a gain of 55 points. However, buying is visible in small-medium stocks. The midcap index of the BSE was trading up 0.33 percent. Small-cap shares were also seen buying. The BSE Smallcap index was trading at a gain of 0.52 percent. There is a weakness in oil-gas stocks today. The BSE oil and gas index was trading at a weakness of 0.07 percent. At present, the 30-share BSE Sensex is trading at around 39,100 with a gain of about 60 points, ie 0.15 percent. NSE Nifty, the NSE’s 50-share major index, is trading around 11,535 with a gain of about 15 points i.e. 0.13 percent.
MCX Waived Option Transaction Fees
Good news for the commodity options trader. MCX has waived transaction fees for all options until 31 March. This step has been taken to increase participation. MCX currently trades in Gold, Silver and Crude options. They are also trading in copper and zinc options.
Today is the last day of the Hexaware Delisting Offer
Investors will still be able to participate in HEXAWARE DELISTING. SEBI has extended the date of DELISTING by 1 day. Yesterday due to technical difficulties the shareholders were having trouble putting BID. Brokers will have to pay a penalty from today on margin shortfalls in cash. SEBI gave relief till 15 September. Stockbrokers will now need to take upfront margins from investors. The penalty will be levied for not taking an upfront margin.
SGX Nifty is Trading Lightly Down
There are signs of global markets getting mixed up. Asian markets are booming. However, SGX Nifty is trading slightly down. But buying in tech stocks was up in U.S. markets yesterday. The Nasdaq gained over 1 percent. Meanwhile, Japan’s exports fell 15 percent in August. US markets closed yesterday. The Nasdaq gained 134 points to close at 11190 in yesterday’s trade. At the same time, the Dow closed flat at 27995. Meanwhile, the S&P closed at a level of 3401 with a gain of 18 points. Markets are now eyeing a Fed meeting. Apart from this, GDP, employment and inflation figures in the US will also be monitored. However, there is pressure on gold from the dollar. There seems to be a slight strength in crude oil.
Asian Markets Status
Today Asian markets are seeing a boom. However SGX NIFTY is looking down by 18 points. At the same time, Nikkei is seen around 23,480 with an increase of about 0.11 percent. Straight Time is also seeing a gain of 0.40 percent. However, the Taiwan market is trading at 12,998, up 1.2 percent. Meanwhile, Hangseng is seen at the 24,762 level with a gain of 0.12 percent. At the same time, the Kospi is looking strong at 0.25 percent. However, the Shanghai Composite is seen at a level of 3,285 with a weakness of 0.27 percent.