By Admin 
Share Market Updates: The GST Council meeting starts from 3 September. A day before this, the benchmark equity index was seen on Tuesday. The BSE Sensex rose by 155 points to 80,520, while NSE Nifty was seen trading at 24,653 by climbing 28 points or 0.1 %. Reliance Industries was the most profitable among the shares included in the Sensex. The price of its shares reached Rs 1372 with a bounce of 1.4 percent.
These things will be affected on the stock market
Let us know that in the 56th meeting of the GST Council, the proposals of the government can be approved regarding the genuine reforms. Amid the expectations set up on the GST Council meeting, the meeting of PM Modi, Jinping and Putin in the Shanghai Cooperation Organization (SCO) can also show the effect. Apart from this, the first week of NSE contract under the revised framework will also affect the sentiments of investors. Meanwhile, the expiry date of Sensex options has been transferred on Thursday.
These include top gainers and losquers
Similarly, 0.31 percent in Nifty Midcap 100 and 0.10 percent in Nifty Smallcap 100 recorded a slight lead. The sectoral index recorded the highest growth of 0.82 percent in the Nifty media, while the Nifty Oil and Gas had a 0.34 percent jump. The Nifty FMCG recorded an increase of 0.20 percent.
All other index were seen trading in the red mark. The Nifty IT declined by 0.42 percent. The highest profit earning shares in the Nifty included Eternal and Bajaj Finance, which led to a bounce of 1.1 percent and 0.7 percent respectively. Meanwhile, the most launch shares included Asian Paints, Dr. Reddy’s Labs, Hindalco, Maruti Suzuki and Axis Bank.
Global market condition
Globally these days, investors will be eyeing the CPI data of Eurozone as well as American ISM manufacturing and S&P global manufacturing PMI data. As far as the condition of the Asian markets, Tianjin recorded an edge in the Asian market amidst anticipating the positive results of the Shanghai Cooperation Organization (SCO). Japan’s Nikkei 225 0.31 percent, South Korea’s Cospie 0.45 percent and China’s Shanghai Composite took a lead of 0.04% percent. However, Australia’s S&P/ASX 200 fell to 0.41 percent.
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