Pre Session: Sensex, Nifty seen opening flat on mixed global cues : 16/02/2017 08:34
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
The key domestic benchmarks ended lower for the second session on Wednesday amid fresh selling by investors following weak corporate earnings report by Tata Motors and Sun Pharma, and looming fear over rate hike by the US Federal Reserve. The broader market witnessed hefty selling with both MIDCAP and SMLCAP plunged over 1 per cent as investors resorted to profit booking in absence of any major trigger on domestic and global front. The 30-share barometer index of Bombay Stock Exchange, Sensex closed at 28155.56, down by 183.75 points or by 0.65 per cent, and the NSE Nifty was at 8724.7, down by 67.6 points or by 0.77 per cent.
Top traded Volumes on NSE Nifty were Tata Motors Ltd. 38638630.00, Tata Motors Ltd. 14484601.00, Bank of Baroda 13176926.00, ICICI Bank Ltd. 13109769.00, State Bank of India 12201568.00.
On NSE, total number of shares traded was 117.87 Crore and total turnover stood at Rs. 22334.20 Crore.
On NSE Future and Options, total number of contracts traded in index futures was 282993 with a total turnover of Rs. 20074.00 Crore. Along with this total number of contracts traded in stock futures were 653513 with a total turnover of Rs. 45633.80 Crore. Total numbers of contracts for index options were 5864499 with a total turnover of Rs. 434701.00 Crore and total numbers of contracts for stock options were 510096 with a total turnover of Rs. 37112.18 Crore.
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
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Indian equities are poised to open flat on Thursday, tracking muted cues from fellow Asian peers, as investors are likely to consolidate their position amid looming fear of a Fed rate hike and tepid earnings report by Indian Inc. Muted trend in the SGX Nifty Index Futures for February delivery, which were trading at 8,757.50, up by 3.5 points or 0.04 per cent, at 10:54 AM Singapore time, also signaled a flat opening for Sensex. With corporate earnings season come to an end, traders will shift focus to the outcome of the state election results for more clarity on the government's capacity to revive stalled reforms, which will set future direction for markets. On the corporate earnings front, with no big names lined up today market may see stock specific movement. SBI and associate banks shares will remain in focus as Cabinet has approved a proposal to merge the five subsidiaries of State Bank of India with the parent. On the economy front, India's exports rose for the fifth straight month in January, up 4.32 per cent, to USD 22.11 billion on increase in shipments of petroleum products, engineering goods and iron ore even as trade deficit widened to USD 9.84 billion.The key domestic benchmarks ended lower for the second session on Wednesday amid fresh selling by investors following weak corporate earnings report by Tata Motors and Sun Pharma, and looming fear over rate hike by the US Federal Reserve. The broader market witnessed hefty selling with both MIDCAP and SMLCAP plunged over 1 per cent as investors resorted to profit booking in absence of any major trigger on domestic and global front. The 30-share barometer index of Bombay Stock Exchange, Sensex closed at 28155.56, down by 183.75 points or by 0.65 per cent, and the NSE Nifty was at 8724.7, down by 67.6 points or by 0.77 per cent.
Top traded Volumes on NSE Nifty were Tata Motors Ltd. 38638630.00, Tata Motors Ltd. 14484601.00, Bank of Baroda 13176926.00, ICICI Bank Ltd. 13109769.00, State Bank of India 12201568.00.
On NSE, total number of shares traded was 117.87 Crore and total turnover stood at Rs. 22334.20 Crore.
On NSE Future and Options, total number of contracts traded in index futures was 282993 with a total turnover of Rs. 20074.00 Crore. Along with this total number of contracts traded in stock futures were 653513 with a total turnover of Rs. 45633.80 Crore. Total numbers of contracts for index options were 5864499 with a total turnover of Rs. 434701.00 Crore and total numbers of contracts for stock options were 510096 with a total turnover of Rs. 37112.18 Crore.
