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Stock Market Live Updates 8 Dec: The Indian stock market may open with a decline in Thursday’s trading session. SGX Nifty is trading with a slight decline of 7.50 points. There are mixed signals from Asian markets as well. Today the Indian stock market will be eyeing the results of the assembly elections in Gujarat and Himachal Pradesh. Today the votes are being counted.
Which stocks to keep an eye on
Due to the sharp fall in the prices of crude oil, the shares of state-owned oil companies IOC, BPCL and HPCL may remain bullish. Share buyback is starting in Infosys. The company is doing buyback at a price of Rs 1850 per share. Action can also be seen in the shares of Macrotech Developers, HCL Tech, Lumax Industries in today’s trading.
IPO listing
Dharmaj Crop Guard IPO is getting listed. It is believed that there can be a great listing. There is a craze for the stock of Dharmaj Crop Guard in the gray market. Dharmaj Crop Guard had fixed a price band of Rs 216-237 per share for the IPO of Rs 251 crore.
Asian markets fall
Except for Hangseng and Straight Times, most Asian stock markets are trading with a decline in the morning. Shanghai Composite, Jakarta, Kospi is trading in the morning with a decline.
US market decline
The US stock market has closed with a decline. Nasdaq closed with a fall of 56 points, while Dow Jones closed with a slight gain of 1.58 points.
fall in crude oil
The price of Brent Crude Oil is trading at $78 per barrel. So the WTI Crude price has dropped to $73.49 per barrel. Due to the fall in the prices of crude oil, the cost of the companies will be reduced, while the financial deficit of the government will be reduced.
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