Pre Session: Sensex, Nifty seen opening in red on weak global cues
13/06/2017
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
Indian equities are likely to open in red on Tuesday, tracking bearish cues from Nifty futures on the Singapore Stock Exchange and mixed trading across Asian markets, after government data showed that India’s industrial output growth slows to 3.1 per cent in April, while retail inflation cool down to 2.18 per cent in May. On the global front, Asian stocks were trading mixed helped by gains in technology and telecom shares after Theresa May fought to survive after fell short of majority in the British general election. In the overnight trade, Wall Street ended lower as investors resorted to profit booking in technology stocks for the second day. Back home, bearish trend in the SGX Nifty Index Futures for June delivery, which were trading 9,675.00, down by 21.00 points or 0.22 per cent, at 10:44 AM Singapore time, also signaled a negative opening for local bourses. On the economy front, retail inflation slumped to record low of 2.18 per cent in May driven by sharp drop in kitchen staples like vegetables and pulses, strengthening government's case for lowering of interest rate by RBI.
On Monday, Indian benchmarks ended the day on a negative note, as investors opted to book profit ahead of inflation data due today and the US Federal Reserve policy meeting later this week. The 30-share barometer SENSEX closed at 31095.7, down by 166.36 points or by 0.53 per cent, and the NSE Nifty ended at 9616.4, down by 51.85 points or by 0.54 per cent. Top traded Volumes on NSE Nifty were Vedanta Ltd. 13979617.00, Bank of Baroda 10779589.00, State Bank of India 10326846.00, ICICI Bank Ltd. 9433558.00, Sun Pharmaceutical Industries Ltd. 7634053.00.
On NSE, total number of shares traded was 97.26 Crore and total turnover stood at Rs. 20225.52 Crore.
On NSE Future and Options, total number of contracts traded in index futures was 160556 with a total turnover of Rs. 12747.94 Crore. Along with this total number of contracts traded in stock futures were 556902 with a total turnover of Rs. 40689.04 Crore. Total numbers of contracts for index options were 3046141 with a total turnover of Rs. 252125.50 Crore and total numbers of contracts for stock options were 346405 with a total turnover of Rs. 26089.25 Crore. As on June 12, 2017, the FIIs turned net buyer in debt segment, but turned net seller in equity market. Gross equity purchased stood at Rs. 4044.54 Crore and gross debt purchased stood at Rs. 4965.25 Crore, while the gross equity sold stood at Rs. 4113.59 Crore and gross debt sold stood at Rs. 1456.21 Crore. Therefore, the net investment of equity and debt reported were Rs. -69.05 Crore and Rs. 3509.04.
13/06/2017
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
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Indian equities are likely to open in red on Tuesday, tracking bearish cues from Nifty futures on the Singapore Stock Exchange and mixed trading across Asian markets, after government data showed that India’s industrial output growth slows to 3.1 per cent in April, while retail inflation cool down to 2.18 per cent in May. On the global front, Asian stocks were trading mixed helped by gains in technology and telecom shares after Theresa May fought to survive after fell short of majority in the British general election. In the overnight trade, Wall Street ended lower as investors resorted to profit booking in technology stocks for the second day. Back home, bearish trend in the SGX Nifty Index Futures for June delivery, which were trading 9,675.00, down by 21.00 points or 0.22 per cent, at 10:44 AM Singapore time, also signaled a negative opening for local bourses. On the economy front, retail inflation slumped to record low of 2.18 per cent in May driven by sharp drop in kitchen staples like vegetables and pulses, strengthening government's case for lowering of interest rate by RBI.
On Monday, Indian benchmarks ended the day on a negative note, as investors opted to book profit ahead of inflation data due today and the US Federal Reserve policy meeting later this week. The 30-share barometer SENSEX closed at 31095.7, down by 166.36 points or by 0.53 per cent, and the NSE Nifty ended at 9616.4, down by 51.85 points or by 0.54 per cent. Top traded Volumes on NSE Nifty were Vedanta Ltd. 13979617.00, Bank of Baroda 10779589.00, State Bank of India 10326846.00, ICICI Bank Ltd. 9433558.00, Sun Pharmaceutical Industries Ltd. 7634053.00.
On NSE, total number of shares traded was 97.26 Crore and total turnover stood at Rs. 20225.52 Crore.
On NSE Future and Options, total number of contracts traded in index futures was 160556 with a total turnover of Rs. 12747.94 Crore. Along with this total number of contracts traded in stock futures were 556902 with a total turnover of Rs. 40689.04 Crore. Total numbers of contracts for index options were 3046141 with a total turnover of Rs. 252125.50 Crore and total numbers of contracts for stock options were 346405 with a total turnover of Rs. 26089.25 Crore. As on June 12, 2017, the FIIs turned net buyer in debt segment, but turned net seller in equity market. Gross equity purchased stood at Rs. 4044.54 Crore and gross debt purchased stood at Rs. 4965.25 Crore, while the gross equity sold stood at Rs. 4113.59 Crore and gross debt sold stood at Rs. 1456.21 Crore. Therefore, the net investment of equity and debt reported were Rs. -69.05 Crore and Rs. 3509.04.
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