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Stock Market LIVE: Sensex, Nifty positioned for higher opening US markets snap dropping streak Headlines on Markets

.Securities market Live updates on Wednesday, August 7, 2024: Indian benchmarks Sensex, Nifty are anticipated to see an optimistic opening on Wednesday tracking beneficial signs from the US markets. The present Nifty futures also suggested a gap-up begin, pricing quote 137 points more than Nifty50 futures at 24,193 levels..Asia-Pacific markets possessed a combined position on Wednesday, complying with a rebound in primary US indices after three successive times of reductions. The Dow Jones Industrial Average boosted by 0.76 percent, the S&ampP 500 increased 1.04 percent, and also the Nasdaq Compound advanced 1.03 percent.In Asia, the Nikkei dropped through 1.46 per-cent, while Japan's wider Topix index was level, somewhat much higher by 0.05 percent..In South Korea, the Kospi went up 0.88 percent and also the Kosdaq increased 1.6 per cent. Australia's S&ampP/ ASX 200 was actually trading flat, partially higher through 0.07 percent.Meanwhile, Hong Kong's Hang Seng index, too, sold environment-friendly as well as outlined up by 0.35 percent.On top of that, financiers in Asia will definitely today keep an eye out for China's July trade records, along with forecasts forecasting a 9.7 per-cent year-over-year rise in exports, up coming from June's 8.6 percent surge. Imports are actually expected to increase by 3.5 per-cent, reversing June's 2.3 per cent downtrend.On Tuesday, the NSE Nifty 50 closed 63 factors lesser, or even 0.26 percent, to close at 23,992. At the same time, the S&ampP BSE Sensex dropped by 166.33 places, or 0.21 percent, finishing at 78,593.07.Stocks to watch on Aug 7.Tata Electrical Power: Tata Electrical power's income slipped 0.2 per cent to Rs 970.9 crore coming from Rs 972.5 crore, yet income boosted 13.7 per-cent to Rs 17,293.6 crore from Rs 15,213.3 crore.SBI: State Banking company of India will certainly view Challa Sreenivasulu Setty appointed as Chairman for a three-year term beginning August 28, with Rana Ashutosh Kumar Singh handling the task of Taking care of Supervisor..PB Fintech: PB Fintech posted a profit of Rs 60 crore, a renovation from a reduction of Rs 11.9 crore. Revenue surged 52 per-cent to Rs 1,010 crore coming from Rs 666 crore, while changed earnings just before advantage, tax obligation, devaluation and amortisation (Ebitda) jumped 117 per-cent to Rs 49 crore and the readjusted Ebitda scope grew to 5 per-cent from 3 percent.Lupin: Lupin's profit rose 77.2 per-cent to Rs 801.3 crore in Q1FY25 contrasted to Rs 452.3 crore in the previous year (Q1FY24). Earnings likewise observed a rise of 16.3 per cent, rising to Rs 5,600.3 crore coming from Rs 4,814 crore.