Stock Market Trade setup for 4th September : Things to know

Today, BSE Sensex corrected 95.09 points to 38990.94, and NSE Nifty fell 7.55 points to 11527.45. Stock Market snapped their two-day winning streak on 3rd September and formed a bearing candle on daily chart.

According to pivot charts, the key support levels for the Nifty is placed at 11495.13, followed by 11462.77. If the index moves up, the key resistance levels to watch out for are 11572.43 and 11617.37.

BSE SENSEX CHART

NSE NIFTY CHART

High Delivery Stocks List :

Stocks in the news :

• Government to sell 5,02,462 equity shares to HAL company's eligible employees at Rs 950.95 per share via an offer for sale during September 4-9.
• Jindal Steel & Power promoter entity Danta Enterprises released over 1 crore pledged shares during August 25-31. Another promoter entity Glebe Trading also released 1.4 lakh pledged shares.
• Infosys will acquire product design and development firm, Kaleidoscope Innovation.
• Usha Martin promoter entity Neutral Publishing House raised stake in company to 3.25% from 3.08% earlier on September 2.
• Jubilant Industries Q1 loss at Rs 3.1 crore and revenue at Rs 94.3 crore.

National Aluminium Company, Future Retail, Jubilant Life Sciences, NLC India, Repco Home Finance, RattanIndia Infrastructure, RattanIndia Power, Simbhaoli Sugars among 68 companies will announce results 4th September.