Pre Session: Sensex, Nifty seen opening flat on muted global cues; S Chand listing eyed
09/05/2017
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
Indian equities are likely to open flat on Tuesday, tracking muted cues from Nifty futures on the Singapore Stock Exchange and mixed trading across Asian markets after Wall Street ended flattish in overnight trade. Back home, muted trend in the SGX Nifty Index Futures for May delivery, which were trading at 9,344.00, down by 2.00 points or 0.02 per cent, at 10:40 AM Singapore time, also signaled a flat opening for local bourses. In a boost to economy, the UN Economic and Social Commission for Asia and the Pacific (ESCAP) has said that the Indian economy will grow 7.5 per cent next year on the back of consumption revival and higher infrastructure spending. The market may see some consolidation as traders awaited corporate earnings of index heavyweights such as, Bharti Airtel on Tuesday and Hero MotoCorp on Wednesday. Investors will also react to earnings of Bharti Infratel after the company reported a 17 per cent fall in its consolidated net profit at Rs 596.6 crore for the quarter ended March 2017, compared to Rs 718.4 crore in the same quarter last year, weighed down by higher operating expenses. Alembic, Dena Bank, Future Retail, Godrej Consumer Products, InterGlobe Aviation, Petronet LNG, Shemaroo Entertainment and Vijaya Bank will remain in focus as they will unveil March quarter earnings report today. Among others, S Chand and Company, which successfully closed its initial public offer (IPO) after oversubscribing 59.49 times, will make its stock market debut today.
On Monday, the Indian equities ended higher, led by rally across realty, bank, cement and IT stocks, tracking firm trading across Asian markets. The market sentiment got a lift by the landslide victory of pro-European Union candidate Emmanuel Macron in the French polls on Sunday and rebound in crude oil prices from record low. Cement majors ACC and Ambuja Cements gained after their board decided to commence an evaluation of a potential merger between them. The 30-share barometer SENSEX closed at 29926.15, up by 67.35 points or by 0.23 per cent, and the NSE Nifty ended at 9314.05, up by 28.75 points or by 0.31 per cent.
Top traded Volumes on NSE Nifty were ICICI Bank Ltd. 27588954.00, Ambuja Cements Ltd. 24262308.00, Hindalco Industries Ltd. 15591759.00, State Bank of India 11560550.00, ITC Ltd. 10629552.00.
On NSE, total number of shares traded was 109.54 Crore and total turnover stood at Rs. 22094.46 Crore.
On NSE Future and Options, total number of contracts traded in index futures was 130211 with a total turnover of Rs. 10189.53 Crore. Along with this total number of contracts traded in stock futures were 581087 with a total turnover of Rs. 43690.63 Crore. Total numbers of contracts for index options were 2638999 with a total turnover of Rs. 218557.74 Crore and total numbers of contracts for stock options were 367461 with a total turnover of Rs. 28572.08 Crore.
As on May 08, 2017, the FIIs continued to remain net seller in equity segment, but turned net buyer in debt market. Gross equity purchased stood at Rs. 4937.41 Crore and gross debt purchased stood at Rs. 2327.63 Crore, while the gross equity sold stood at Rs. 5185.66 Crore and gross debt sold stood at Rs. 424.16 Crore. Therefore, the net investment of equity and debt reported were Rs. -248.25 Crore and Rs. 1903.47.
09/05/2017
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
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Indian equities are likely to open flat on Tuesday, tracking muted cues from Nifty futures on the Singapore Stock Exchange and mixed trading across Asian markets after Wall Street ended flattish in overnight trade. Back home, muted trend in the SGX Nifty Index Futures for May delivery, which were trading at 9,344.00, down by 2.00 points or 0.02 per cent, at 10:40 AM Singapore time, also signaled a flat opening for local bourses. In a boost to economy, the UN Economic and Social Commission for Asia and the Pacific (ESCAP) has said that the Indian economy will grow 7.5 per cent next year on the back of consumption revival and higher infrastructure spending. The market may see some consolidation as traders awaited corporate earnings of index heavyweights such as, Bharti Airtel on Tuesday and Hero MotoCorp on Wednesday. Investors will also react to earnings of Bharti Infratel after the company reported a 17 per cent fall in its consolidated net profit at Rs 596.6 crore for the quarter ended March 2017, compared to Rs 718.4 crore in the same quarter last year, weighed down by higher operating expenses. Alembic, Dena Bank, Future Retail, Godrej Consumer Products, InterGlobe Aviation, Petronet LNG, Shemaroo Entertainment and Vijaya Bank will remain in focus as they will unveil March quarter earnings report today. Among others, S Chand and Company, which successfully closed its initial public offer (IPO) after oversubscribing 59.49 times, will make its stock market debut today.
On Monday, the Indian equities ended higher, led by rally across realty, bank, cement and IT stocks, tracking firm trading across Asian markets. The market sentiment got a lift by the landslide victory of pro-European Union candidate Emmanuel Macron in the French polls on Sunday and rebound in crude oil prices from record low. Cement majors ACC and Ambuja Cements gained after their board decided to commence an evaluation of a potential merger between them. The 30-share barometer SENSEX closed at 29926.15, up by 67.35 points or by 0.23 per cent, and the NSE Nifty ended at 9314.05, up by 28.75 points or by 0.31 per cent.
Top traded Volumes on NSE Nifty were ICICI Bank Ltd. 27588954.00, Ambuja Cements Ltd. 24262308.00, Hindalco Industries Ltd. 15591759.00, State Bank of India 11560550.00, ITC Ltd. 10629552.00.
On NSE, total number of shares traded was 109.54 Crore and total turnover stood at Rs. 22094.46 Crore.
On NSE Future and Options, total number of contracts traded in index futures was 130211 with a total turnover of Rs. 10189.53 Crore. Along with this total number of contracts traded in stock futures were 581087 with a total turnover of Rs. 43690.63 Crore. Total numbers of contracts for index options were 2638999 with a total turnover of Rs. 218557.74 Crore and total numbers of contracts for stock options were 367461 with a total turnover of Rs. 28572.08 Crore.
As on May 08, 2017, the FIIs continued to remain net seller in equity segment, but turned net buyer in debt market. Gross equity purchased stood at Rs. 4937.41 Crore and gross debt purchased stood at Rs. 2327.63 Crore, while the gross equity sold stood at Rs. 5185.66 Crore and gross debt sold stood at Rs. 424.16 Crore. Therefore, the net investment of equity and debt reported were Rs. -248.25 Crore and Rs. 1903.47.
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Free Commodity Tips : Join our Whatsapp No : 9094047040
