Pre-market: Sensex to rally amid muted global cues
03/07/2014 08:29
Ignoring weak global cues, the 30-share bellwether index of the Bombay Stock Exchange, Sensex is expected to maintain its gaining streak on Thursday amid hopes that the upcoming Budget will include reforming measures to ensure India’s economic boost.
Overnight, the US markets ended flat, following which the Asian markets opened with a lower note on Thursday. Japan’s Nikkei 225 was at 15,360, down by nearly 9 points; China’s Shanghai Composite was at 2,056, down by 3 points and Hong Kong’s Hang Seng index was at 23,543, down by 6 points. Back home, the pre-budget rally cause markets to end higher on Wednesday. The BSE’s SENSEX closed at 25841.21, up by 324.86 points or by 1.27 per cent and the NSE’s wide-based Nifty ended at 7725.15, up by 90.45 points or by 1.18 per cent.
On BSE, total number of shares traded was 35.25 crore and total turnover stood at Rs. 4315.78 Crore.
The FIIs on July 02, 2014 stood as net buyer in equity and debt. Gross equity purchased stood at Rs. 9053.43 Crore and gross debt purchased stood at Rs. 1324.80 Crore, while the gross equity sold stood at Rs. 6795.65 Crore and gross debt sold stood at Rs. 618.80 Crore. Therefore, the net investment of equity and debt reported were Rs. 2257.78 Crore and Rs. 706.00.
03/07/2014 08:29
Ignoring weak global cues, the 30-share bellwether index of the Bombay Stock Exchange, Sensex is expected to maintain its gaining streak on Thursday amid hopes that the upcoming Budget will include reforming measures to ensure India’s economic boost.
Overnight, the US markets ended flat, following which the Asian markets opened with a lower note on Thursday. Japan’s Nikkei 225 was at 15,360, down by nearly 9 points; China’s Shanghai Composite was at 2,056, down by 3 points and Hong Kong’s Hang Seng index was at 23,543, down by 6 points. Back home, the pre-budget rally cause markets to end higher on Wednesday. The BSE’s SENSEX closed at 25841.21, up by 324.86 points or by 1.27 per cent and the NSE’s wide-based Nifty ended at 7725.15, up by 90.45 points or by 1.18 per cent.
On BSE, total number of shares traded was 35.25 crore and total turnover stood at Rs. 4315.78 Crore.
The FIIs on July 02, 2014 stood as net buyer in equity and debt. Gross equity purchased stood at Rs. 9053.43 Crore and gross debt purchased stood at Rs. 1324.80 Crore, while the gross equity sold stood at Rs. 6795.65 Crore and gross debt sold stood at Rs. 618.80 Crore. Therefore, the net investment of equity and debt reported were Rs. 2257.78 Crore and Rs. 706.00.
