10 Key Stock Market Updates: Gift Nifty, US inflation to India GDP

The Indian stock market, including Sensex and Nifty 50, is expected to open quietly on Monday, influenced by mixed global market signals.

Here are 10 important updates to know before trading begins:

1. Global Market Trends: Asian markets showed mixed performance, with Japan’s Nikkei 225 rising and South Korea’s Kospi falling. In the U.S., the stock market ended last week on a high note, raising hopes of a potential interest rate cut by the Federal Reserve in September.
   
2. Gift Nifty: The Gift Nifty was trading slightly higher, indicating a mildly positive start for the Indian market.
   
3. US Market Performance: On Friday, the U.S. stock market closed with strong gains. Major stocks like Nvidia, Amazon, and Tesla saw significant increases. The market will be closed on Monday for Labor Day.
   
4. US Inflation: The U.S. personal consumption expenditures (PCE) price index rose by 0.2% in July, matching expectations.
   
5. US Consumer Spending: Consumer spending in the U.S. increased by 0.5% in July, showing solid growth.
   
6. India’s GDP: The Indian economy grew by 6.7% in the April-June quarter, which is the slowest pace in five quarters.
   
7. India’s Fiscal Deficit: India’s fiscal deficit reached ₹2.76 lakh crore in the April-July period, which is 17.2% of the full-year target.
   
8. GST Collection: India’s GST collections in August increased by 10% compared to the same period last year, although it was slightly lower than in July.
   
9. Futures and Options (F&O) Criteria: SEBI has revised the rules for which stocks can be included or excluded from the Futures and Options segment, with 23 stocks potentially being removed.
   
10. Japan’s PMI: Japan’s factory activity improved slightly in August, indicating a slower pace of contraction.

These updates will guide the Indian stock market as it opens this week, with investors keeping a close eye on both domestic and global economic indicators.