Jio Financial Services (JFS) to be removed from NSE, PM Modi to attend ASEAN-India Summit in Top News on September 7: Share markets, Bank Nifty outlook, Made in India Aprilia RS 440 global debut

Produced by: Prashanti Moktan
Designed by:  Mohsin Shaikh

Jio Financial Services is set to be removed from the Nifty 50 and the other NSE indices today (September 7). Reliance Industries Limited Chairman Mukesh Ambani called JFS, the demerged financial business of Reliance Industries, the conglomerate’s fourth growth engine at the 46th RIL AGM

Jio Financial Services (JFS) to be removed from NSE today (September 7)

PM Narendra Modi will be attending the ASEAN-India Summit and East Asia Summit in Indonesia today (September 7).  PM Modi tweeted that he would attend the 20th ASEAN-India Summit, which focuses on a partnership we greatly cherish, and also take part in the 18th East Asia Summit, which focuses on important developmental sectors like healthcare, environment and digital innovations

PM Modi at ASEAN-India Summit

Mono Pharmacare Limited shares are set to list on the NSE SME today (September 7). Mono Pharmacare IPO price band was Rs 26 to Rs 28 apiece

Mono Pharmacare shares to list today (September 7)

Continue viewing BT Visual Story

Catch the latest business news, share market updates, expert analysis and exclusives only on BTTV.in

Watch BTTV

Click Here

Excel Industries Ltd, Banco Products (India) Ltd, B & A Ltd, Gujarat State Fertilizers & Chemicals Ltd, Kemp & Company Ltd, Kopran Ltd, Mazda Ltd, Mitsu Chem Plast Ltd, Multibase India Ltd, Shreyas Shipping & Logistics Ltd, Tirupati Foam Ltd and Repco Home Finance Ltd, are among stocks that will turn ex-dividend today (September 7)

Ex-dividend stocks
today (September 7):
Excel Industries

“In the short term, Nifty may target levels of 19,750 or even 20,000. On the downside, key support rests at 19,440, and the market is expected to maintain a buy-on-dips strategy as long as this support level holds,” said Rupak De, Senior Technical analyst at LKP Securities

Share market outlook today (September 7): Analyst view

"In the short term, the index is expected to decline towards 44,000, with resistance at 44,600. Sustained trading above this level could propel the index towards 45,000 and beyond. Selling on rallies seems to be the favoured strategy for traders in the Bank Nifty, unless the index provides a clear and decisive breakout above the 45,000 level,” said Rupak De, Senior Technical analyst at LKP Securities

Bank Nifty technical view today (September 7)

“We believe gold prices are likely to trade with a moderate bearish bias, and traders should adopt a sell-on-rally strategy for the day. From a technical perspective, Comex gold has immediate support at $1,917, then $1,910, and resistance at $1,940. The MCX Gold October future is expected to trade in a range of 59,025 to 59,450,” said Saumil Gandhi, Senior Analyst - Commodities, HDFC Securities

Gold Price today (September 7): Analyst outlook

Made in India Aprilia RS 440 is set for its global debut today (September 7). The superbike will be competing with the Kawasaki Ninja 400, KTM RC 390 and the upcoming Yamaha R3

Made in India Aprilia RS 440 global debut today (September 7)

“On Tuesday, crude oil prices surged to their highest level since November… We expect crude oil prices to continue to trade with bullish momentum. From a level perspective, NYMEX WTI Crude Oil has immediate resistance at $88.0; once price crosses this level, it can rally towards $93.0 and support at $85.20. The MCX crude oil September contract has support at 7,170 and resistance at 7,325,” said Saumil Gandhi, Senior Analyst - Commodities, HDFC Securities

Crude oil price outlook today (September 7)

Public sector OMCs including BPCL, IOCL and HPCL revise their petrol price and diesel price daily in line with international benchmark prices and forex rates. Petrol and diesel prices remained stable today

Petrol, Diesel Price today (September 7)