Pre Session: Sensex, Nifty seen opening higher; ICICI Bank Q4 eyed
03/05/2017
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
Indian equities are likely to open higher on Wednesday, tracking firm cues from Nifty futures on the Singapore Stock Exchange and mixed trading across Asian markets. Wall Street ended higher in overnight trade on mixed corporate earnings ahead of outcome of two-day Fed policy meeting which began on Tuesday. Bullish trend in the SGX Nifty Index Futures for May delivery, which were trading at 9,357.50, up by 11.50 points or 0.12 per cent, at 10:54 AM Singapore time, also signaled a positive opening for local bourses. Foreign institutional investors refrained from fresh buying amid mixed bag of corporate earnings, outcome of two-day Fed policy meeting which began on Tuesday, and France’s second round of voting on May 7 which will clear the picture about who will be the next president. Back home, investors will keep an eye on earnings number of ICICI Bank, DHFL, TBZ, V-Mart and L&T Technology Services, which will be released today. Among others, IRB Infrastructure, which raised Rs 2,095 crore from anchor investors, will remain in focus as it begins the initial public offer (IPO) of its infrastructure investment trust today.
On Tuesday, the Indian equities ended marginally lower in choppy session, weighed down by selling across healthcare, capital goods, metal and power stocks, tracking mixed cues from Asian markets. In the early trade, Sensex swung higher by 150 points and Nifty touched high of 9,352.55, before consolidating due to profit booking. Bucking the trend, the broader markets ended higher, with MIDCAP rose by 0.38 per cent, while SMLCAP gained by 0.31 per cent. Index heavyweight Maruti Suzuki India soared over 2 per cent after country's largest car maker reported 19.5 per cent rise in its total sales in April 2017 at 1,51,215 units, as compared to 1,26,569 units during the same period last year. The 30-share barometer SENSEX closed at 29921.18, up by 2.78 points or by 0.01 per cent, and the NSE Nifty ended at 9313.8, up by 9.75 points or by 0.1 per cent.
Top traded Volumes on NSE Nifty were Oil And Natural Gas Corporation Ltd. 17143827.00, ICICI Bank Ltd. 15254731.00, Hindalco Industries Ltd. 12542163.00, Bank of Baroda 11014407.00, State Bank of India 9754789.00.
On NSE, total number of shares traded was 131.26 Crore and total turnover stood at Rs. 25975.41 Crore.
On NSE Future and Options, total number of contracts traded in index futures was 181345 with a total turnover of Rs. 13929.55 Crore. Along with this total number of contracts traded in stock futures were 661267 with a total turnover of Rs. 49900.13 Crore. Total numbers of contracts for index options were 3342820 with a total turnover of Rs. 273031.51 Crore and total numbers of contracts for stock options were 351420 with a total turnover of Rs. 27760.95 Crore.
As on May 02, 2017, the FIIs emerged as net seller in both equity and debt segment. Gross equity purchased stood at Rs. 4607.38 Crore and gross debt purchased stood at Rs. 139.39 Crore, while the gross equity sold stood at Rs. 5720.91 Crore and gross debt sold stood at Rs. 421.96 Crore. Therefore, the net investment of equity and debt reported were Rs. -1113.53 Crore and Rs. -282.57.
03/05/2017
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
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Indian equities are likely to open higher on Wednesday, tracking firm cues from Nifty futures on the Singapore Stock Exchange and mixed trading across Asian markets. Wall Street ended higher in overnight trade on mixed corporate earnings ahead of outcome of two-day Fed policy meeting which began on Tuesday. Bullish trend in the SGX Nifty Index Futures for May delivery, which were trading at 9,357.50, up by 11.50 points or 0.12 per cent, at 10:54 AM Singapore time, also signaled a positive opening for local bourses. Foreign institutional investors refrained from fresh buying amid mixed bag of corporate earnings, outcome of two-day Fed policy meeting which began on Tuesday, and France’s second round of voting on May 7 which will clear the picture about who will be the next president. Back home, investors will keep an eye on earnings number of ICICI Bank, DHFL, TBZ, V-Mart and L&T Technology Services, which will be released today. Among others, IRB Infrastructure, which raised Rs 2,095 crore from anchor investors, will remain in focus as it begins the initial public offer (IPO) of its infrastructure investment trust today.
On Tuesday, the Indian equities ended marginally lower in choppy session, weighed down by selling across healthcare, capital goods, metal and power stocks, tracking mixed cues from Asian markets. In the early trade, Sensex swung higher by 150 points and Nifty touched high of 9,352.55, before consolidating due to profit booking. Bucking the trend, the broader markets ended higher, with MIDCAP rose by 0.38 per cent, while SMLCAP gained by 0.31 per cent. Index heavyweight Maruti Suzuki India soared over 2 per cent after country's largest car maker reported 19.5 per cent rise in its total sales in April 2017 at 1,51,215 units, as compared to 1,26,569 units during the same period last year. The 30-share barometer SENSEX closed at 29921.18, up by 2.78 points or by 0.01 per cent, and the NSE Nifty ended at 9313.8, up by 9.75 points or by 0.1 per cent.
Top traded Volumes on NSE Nifty were Oil And Natural Gas Corporation Ltd. 17143827.00, ICICI Bank Ltd. 15254731.00, Hindalco Industries Ltd. 12542163.00, Bank of Baroda 11014407.00, State Bank of India 9754789.00.
On NSE, total number of shares traded was 131.26 Crore and total turnover stood at Rs. 25975.41 Crore.
On NSE Future and Options, total number of contracts traded in index futures was 181345 with a total turnover of Rs. 13929.55 Crore. Along with this total number of contracts traded in stock futures were 661267 with a total turnover of Rs. 49900.13 Crore. Total numbers of contracts for index options were 3342820 with a total turnover of Rs. 273031.51 Crore and total numbers of contracts for stock options were 351420 with a total turnover of Rs. 27760.95 Crore.
As on May 02, 2017, the FIIs emerged as net seller in both equity and debt segment. Gross equity purchased stood at Rs. 4607.38 Crore and gross debt purchased stood at Rs. 139.39 Crore, while the gross equity sold stood at Rs. 5720.91 Crore and gross debt sold stood at Rs. 421.96 Crore. Therefore, the net investment of equity and debt reported were Rs. -1113.53 Crore and Rs. -282.57.
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