Pre-market: Sensex to open weak amid muted global cues 27/06/2014

Pre-market: Sensex to open weak amid muted global cues
27/06/2014 08:28
Tracking negative trend in the Asian markets, barring Hong Kong’s Hang Seng, the BSE’s barometer index- Sensex is expected to open on a weak note on Friday. The US stocks also ended lower in the overnight trading after the Federal Reserve Bank indicated increase in interest rates.

Among the Asian stocks, Japan’s Nikkei 225 was trading down by as much as 95 points at 15,213; China’s Shanghai Composite was at 2,028, down by 10 points; Singapore’s Straits Times was down by nearly 8 points at 3,271; and Taiwan Index was trading down by 9 points at 9,321 in the morning trading session.

Back home, the BSE’s Sensex closed at 25,062.67, down by 251.07 points or by 0.99 per cent, and the NSE’s wide-based Nifty ended at 7,493.2, down by 76.05 points or by 1 per cent on Thursday.

Meanwhile, the government confirmed sufficient stock of food grains to face drought-like situation due to any delay in monsoons.

On BSE, total number of shares traded was 37.62 Crore and total turnover stood at Rs. 3288.65 Crore.

The FIIs on 26/06/2014 stood as net buyer in equity and debt. Gross equity purchased stood at Rs. 3740.54 Crore and gross debt purchased stood at Rs. 1241.64 Crore, while the gross equity sold stood at Rs. 3016.17 Crore and gross debt sold stood at Rs. 743.91 Crore. Therefore, the net investment of equity and debt reported were Rs. 724.37 Crore and Rs. 497.73