Pre Session: Sensex, Nifty seen opening flat on muted global cues
19/07/2017
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
Indian equities are likely to open flat to higher on Wednesday, tracking firm cues from Nifty futures on the Singapore Stock Exchange and mixed trading across Asian markets. The Asian stocks were trading mixed as investors weighed dimming hopes of Trump’s health-care reform bill after two more Republican senators planned to oppose the bill. Back home, bullish trend in the SGX Nifty Index Futures for July delivery, which were trading at 9,869.00, up by 11.00 points or 0.11 per cent, at 10:48 AM Singapore time, also signaled a flat opening for local bourses. On the economy front, investors will keep an eye on the progress of the monsoon session of Parliament, which is feared to be washed away due to issues of cow vigilantism, farmers’ protests, unrest in Kashmir and India’s stand-off with China, says ET report. On the corporate front, oil marketing companies HPCL and ONGC will remain in focus as Union Cabinet will meet today to take a call on the proposed merger. Investors will also react to earnings report of FMCG major HUL which reported a higher-than-expected 9.3 per cent rise in June-quarter net profit to Rs 1,283 crore versus Rs 1,174 crore, a year ago. On the earnings front, Amtek Auto, Bajaj Finance, Havells India, Mindtree and Sanofi India will announce their June quarter results today.
On Tuesday, the Indian equities ended lower in bearish trade, weighed down by sharp losses in FMCG, oil&gas and realty stocks, tracking weak cues from Asian peers. The market witnessed sharp correction as investors resorted to profit booking after record breaking run in last week. FMCG heavyweight ITC plunged over 12 per cent after the government increased the cess on cigarettes to compensate manufacturer losses from lower GST rates. Among others, RIL fell over 2 per cent after the government asked the company along with Shell and ONGC to pay a combined USD 3 billion in penalty following an arbitration award in the Panna Mukta Tapti (PMT) oil field dispute that went in favour of the government, says an ET report. The 30-share barometer SENSEX closed at 31710.99, down by 363.79 points or by 1.13 per cent, and the NSE Nifty ended at 9827.15, down by 88.8 points or by 0.9 per cent.
Top traded Volumes on NSE Nifty were ITC Ltd. 149479681.00, State Bank of India 11913832.00, ICICI Bank Ltd. 11772154.00, Axis Bank Ltd. 7864083.00, Bank of Baroda 7786687.00.
On NSE, total number of shares traded was 146.78 Crore and total turnover stood at Rs. 28777.45 Crore.
On NSE Future and Options, total number of contracts traded in index futures was 239614 with a total turnover of Rs. 19456.88 Crore. Along with this total number of contracts traded in stock futures were 782354 with a total turnover of Rs. 57083.15 Crore. Total numbers of contracts for index options were 5343132 with a total turnover of Rs. 451356.47 Crore and total numbers of contracts for stock options were 635924 with a total turnover of Rs. 48007.72 Crore.
As on July 18, 2017 the FIIs turned net buyer in both debt and equity segment. Gross equity purchased stood at Rs. 4567.92 Crore and gross debt purchased stood at Rs. 1037.17 Crore, while the gross equity sold stood at Rs. 4192.13 Crore and gross debt sold stood at Rs. 414.37 Crore. Therefore, the net investment of equity and debt reported were Rs. 375.79 Crore and Rs. 622.80.
19/07/2017
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
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Indian equities are likely to open flat to higher on Wednesday, tracking firm cues from Nifty futures on the Singapore Stock Exchange and mixed trading across Asian markets. The Asian stocks were trading mixed as investors weighed dimming hopes of Trump’s health-care reform bill after two more Republican senators planned to oppose the bill. Back home, bullish trend in the SGX Nifty Index Futures for July delivery, which were trading at 9,869.00, up by 11.00 points or 0.11 per cent, at 10:48 AM Singapore time, also signaled a flat opening for local bourses. On the economy front, investors will keep an eye on the progress of the monsoon session of Parliament, which is feared to be washed away due to issues of cow vigilantism, farmers’ protests, unrest in Kashmir and India’s stand-off with China, says ET report. On the corporate front, oil marketing companies HPCL and ONGC will remain in focus as Union Cabinet will meet today to take a call on the proposed merger. Investors will also react to earnings report of FMCG major HUL which reported a higher-than-expected 9.3 per cent rise in June-quarter net profit to Rs 1,283 crore versus Rs 1,174 crore, a year ago. On the earnings front, Amtek Auto, Bajaj Finance, Havells India, Mindtree and Sanofi India will announce their June quarter results today.
On Tuesday, the Indian equities ended lower in bearish trade, weighed down by sharp losses in FMCG, oil&gas and realty stocks, tracking weak cues from Asian peers. The market witnessed sharp correction as investors resorted to profit booking after record breaking run in last week. FMCG heavyweight ITC plunged over 12 per cent after the government increased the cess on cigarettes to compensate manufacturer losses from lower GST rates. Among others, RIL fell over 2 per cent after the government asked the company along with Shell and ONGC to pay a combined USD 3 billion in penalty following an arbitration award in the Panna Mukta Tapti (PMT) oil field dispute that went in favour of the government, says an ET report. The 30-share barometer SENSEX closed at 31710.99, down by 363.79 points or by 1.13 per cent, and the NSE Nifty ended at 9827.15, down by 88.8 points or by 0.9 per cent.
Top traded Volumes on NSE Nifty were ITC Ltd. 149479681.00, State Bank of India 11913832.00, ICICI Bank Ltd. 11772154.00, Axis Bank Ltd. 7864083.00, Bank of Baroda 7786687.00.
On NSE, total number of shares traded was 146.78 Crore and total turnover stood at Rs. 28777.45 Crore.
On NSE Future and Options, total number of contracts traded in index futures was 239614 with a total turnover of Rs. 19456.88 Crore. Along with this total number of contracts traded in stock futures were 782354 with a total turnover of Rs. 57083.15 Crore. Total numbers of contracts for index options were 5343132 with a total turnover of Rs. 451356.47 Crore and total numbers of contracts for stock options were 635924 with a total turnover of Rs. 48007.72 Crore.
As on July 18, 2017 the FIIs turned net buyer in both debt and equity segment. Gross equity purchased stood at Rs. 4567.92 Crore and gross debt purchased stood at Rs. 1037.17 Crore, while the gross equity sold stood at Rs. 4192.13 Crore and gross debt sold stood at Rs. 414.37 Crore. Therefore, the net investment of equity and debt reported were Rs. 375.79 Crore and Rs. 622.80.
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