Pre Session-Gap up opening on the cards for Sensex; volatility may remain:25/11/2016 08:23
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
Indian equity benchmarks are likely to witness a positive opening on Friday, the first day of the December Futures & Options (F&O) contract series, tracking a mostly bullish trend across markets in Asia amid optimism that the US economy is strong enough to withstand higher interest rates, bolstering risk raking appetite. Gains in the SGX Nifty Index Futures for December delivery which were trading at 8,025.5, up by 50.5 points or 0.63 per cent at 10:38 AM Singapore time, signal that the Sensex may open higher today. Shares of Bata India and SpiceJet will be in focus today as the companies unveil their earnings data for the September 2016 quarter. The movement of the rupee, which hit a record low of 68.86 per dollar on Thursday will also influence sentiment on Dalal Street as fears of an imminent Fed interest rate hike curb foreign capital inflows to emerging markets. Volatility may remain high at the domestic bourses amid uncertainty over the near-term outlook for Asia’s third biggest economy in the wake of the government’s stunning demonetization move. A continued foreign exodus took toll on Dalal Street as the 30-share Sensex tanked 191.64 points or by 0.74 per cent to 25,860.17 on Thursday.
Most Asian stocks were higher even as speculation of a December Fed interest rate hike continued to rise. Shanghai Composite fell, Hang Seng rose and Nikkei 225 climbed as a weaker yen bolstered the lure for exporter stocks. US stocks were closed on Thursday due to the Thanksgiving Holiday.
Top traded Volumes on NSE Nifty – State Bank of India 28927720.00, Hindalco Industries Ltd. 24353559.00, ICICI Bank Ltd. 20511964.00, ITC Ltd. 18004034.00 and Bank of Baroda 17931399.00.
On BSE, total number of shares traded was 20.61 Crore and total turnover stood at Rs. 2481.00 Crore.
On NSE Future and Options, total number of contracts traded in index futures was 587008 with a total turnover of Rs. 37624.38 Crore. Along with this total number of contracts traded in stock futures were 1510982 with a total turnover of Rs. 92629.43 Crore. Total numbers of contracts for index options were 9485441 with a total turnover of Rs. 617141.22 Crore and total numbers of contracts for stock options were 442790 with a total turnover of Rs. 30892.78 Crore.
The FIIs on 24/11/2016 stood as net seller in equity and debt. Gross equity purchased stood at Rs. 4235.62 Crore and gross debt purchased stood at Rs. 358.04 Crore, while the gross equity sold stood at Rs. 5330.72 Crore and gross debt sold stood at Rs. 3302.37 Crore. Therefore, the net investment of equity and debt reported were Rs. -1095.10 Crore and Rs. -2944.33 Crore.
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Most Asian stocks were higher even as speculation of a December Fed interest rate hike continued to rise. Shanghai Composite fell, Hang Seng rose and Nikkei 225 climbed as a weaker yen bolstered the lure for exporter stocks. US stocks were closed on Thursday due to the Thanksgiving Holiday.
Top traded Volumes on NSE Nifty – State Bank of India 28927720.00, Hindalco Industries Ltd. 24353559.00, ICICI Bank Ltd. 20511964.00, ITC Ltd. 18004034.00 and Bank of Baroda 17931399.00.
On BSE, total number of shares traded was 20.61 Crore and total turnover stood at Rs. 2481.00 Crore.
On NSE Future and Options, total number of contracts traded in index futures was 587008 with a total turnover of Rs. 37624.38 Crore. Along with this total number of contracts traded in stock futures were 1510982 with a total turnover of Rs. 92629.43 Crore. Total numbers of contracts for index options were 9485441 with a total turnover of Rs. 617141.22 Crore and total numbers of contracts for stock options were 442790 with a total turnover of Rs. 30892.78 Crore.
The FIIs on 24/11/2016 stood as net seller in equity and debt. Gross equity purchased stood at Rs. 4235.62 Crore and gross debt purchased stood at Rs. 358.04 Crore, while the gross equity sold stood at Rs. 5330.72 Crore and gross debt sold stood at Rs. 3302.37 Crore. Therefore, the net investment of equity and debt reported were Rs. -1095.10 Crore and Rs. -2944.33 Crore.
