Pre Session: Sensex, Nifty seen opening in red on weak global cues
18/08/2017
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
Indian equities are likely to open lower on Friday, tracking weak cues from Nifty futures on the Singapore Stock Exchange and bearish trend across global markets following reports of a terrorist attack in Spain. Most of the Asian stocks were bleeding in red after Wall Street ended sharply lower in overnight trade as concerns over the Trump administration’s ability to push through its economic agenda spooked investors sentiment. Back home, bearish trend in the SGX Nifty Index Futures for August delivery, which were trading at 9,863.50, down by 47.5 points or 0.48 per cent, at 10:50 AM Singapore time, also signaled a negative opening for local bourses. On the economy front, the government plans to revamp the country’s drug pricing regulator NPPA, which will have impact on phara stocks movement. Shares of HDFC Bank and Punjab National Bank will remain in focus after the duo announced cut in interest rate on savings bank accounts.
On Thursday, the Indian equity benchmarks ended marginally higher in choppy trade, undermining firm cues from Asian peers, as IT and Teck stocks offset losses in rate sensitive auto and bank stocks. Adding to it, easing geo-political tensions between North Korea and the US also prompted traders to invest in most beaten stock. Among sectoral indices, IT and Teck stocks emerged as top gainers, rising as much as 1.84 per cent and 1.79 per cent, respectively. Index heavyweight Infosys jumped 4.5 per cent after Sebi approved IT bellwether's share buyback proposal and also offered a solution for participation by holders of the company’s American Depository Receipts (ADRs) and Global Depository Receipts (GDRs). The 30-share barometer SENSEX closed at 31795.46, up by 24.57 points or by 0.08 per cent, and the NSE Nifty ended at 9904.15, up by 6.85 points or by 0.07 per cent.
Top traded Volumes on NSE Nifty were Coal India Ltd. 20945037.00, Bank of Baroda 20122929.00, Vedanta Ltd. 19018787.00, ITC Ltd. 13703999.00, Infosys Ltd. 12892130.00.
On NSE, total number of shares traded was 127.44 Crore and total turnover stood at Rs. 24336.40 Crore.
On NSE Future and Options, total number of contracts traded in index futures was 221178 with a total turnover of Rs. 18723.78 Crore. Along with this total number of contracts traded in stock futures were 684100 with a total turnover of Rs. 50661.27 Crore. Total numbers of contracts for index options were 11096007 with a total turnover of Rs. 1038151.15 Crore and total numbers of contracts for stock options were 516583 with a total turnover of Rs. 39670.08 Crore.
As on August 17, 2017 the FIIs turned net seller in both equity and debt segment. Gross equity purchased stood at Rs. 3288.81 Crore and gross debt purchased stood at Rs. 292.38 Crore, while the gross equity sold stood at Rs. 4812.62 Crore and gross debt sold stood at Rs. 489.78 Crore. Therefore, the net investment of equity and debt reported were Rs. -1523.81 Crore and Rs. -197.40.
18/08/2017
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
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Indian equities are likely to open lower on Friday, tracking weak cues from Nifty futures on the Singapore Stock Exchange and bearish trend across global markets following reports of a terrorist attack in Spain. Most of the Asian stocks were bleeding in red after Wall Street ended sharply lower in overnight trade as concerns over the Trump administration’s ability to push through its economic agenda spooked investors sentiment. Back home, bearish trend in the SGX Nifty Index Futures for August delivery, which were trading at 9,863.50, down by 47.5 points or 0.48 per cent, at 10:50 AM Singapore time, also signaled a negative opening for local bourses. On the economy front, the government plans to revamp the country’s drug pricing regulator NPPA, which will have impact on phara stocks movement. Shares of HDFC Bank and Punjab National Bank will remain in focus after the duo announced cut in interest rate on savings bank accounts.
On Thursday, the Indian equity benchmarks ended marginally higher in choppy trade, undermining firm cues from Asian peers, as IT and Teck stocks offset losses in rate sensitive auto and bank stocks. Adding to it, easing geo-political tensions between North Korea and the US also prompted traders to invest in most beaten stock. Among sectoral indices, IT and Teck stocks emerged as top gainers, rising as much as 1.84 per cent and 1.79 per cent, respectively. Index heavyweight Infosys jumped 4.5 per cent after Sebi approved IT bellwether's share buyback proposal and also offered a solution for participation by holders of the company’s American Depository Receipts (ADRs) and Global Depository Receipts (GDRs). The 30-share barometer SENSEX closed at 31795.46, up by 24.57 points or by 0.08 per cent, and the NSE Nifty ended at 9904.15, up by 6.85 points or by 0.07 per cent.
Top traded Volumes on NSE Nifty were Coal India Ltd. 20945037.00, Bank of Baroda 20122929.00, Vedanta Ltd. 19018787.00, ITC Ltd. 13703999.00, Infosys Ltd. 12892130.00.
On NSE, total number of shares traded was 127.44 Crore and total turnover stood at Rs. 24336.40 Crore.
On NSE Future and Options, total number of contracts traded in index futures was 221178 with a total turnover of Rs. 18723.78 Crore. Along with this total number of contracts traded in stock futures were 684100 with a total turnover of Rs. 50661.27 Crore. Total numbers of contracts for index options were 11096007 with a total turnover of Rs. 1038151.15 Crore and total numbers of contracts for stock options were 516583 with a total turnover of Rs. 39670.08 Crore.
As on August 17, 2017 the FIIs turned net seller in both equity and debt segment. Gross equity purchased stood at Rs. 3288.81 Crore and gross debt purchased stood at Rs. 292.38 Crore, while the gross equity sold stood at Rs. 4812.62 Crore and gross debt sold stood at Rs. 489.78 Crore. Therefore, the net investment of equity and debt reported were Rs. -1523.81 Crore and Rs. -197.40.
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