NSE/BSE EQUITY PRE MARKET REPORT: 25.Jun.2015 - Sensex, Nifty seen opening flat; June F&O eyed

Pre-Session: Sensex, Nifty seen opening flat; June F&O eyed
25/06/2015
The Indian equity benchmarks may see flat to negative opening on Thursday tracking muted cues from fellow global peers ahead of the June Future & Option expiry due today. Further, persistent concerns over Greece may also weigh on market sentiment as progress stalls on the debt-ridden European nation after creditors rejected Greece's new proposal. Meanwhile, markets may see volatility as traders roll over positions in the futures & options (F&O) segment from June 2015 series to July 2015 series. On the global front, Asian stocks were trading in red as talks stalled over the terms for bailout of Greece. China’s Shanghai Composite slipped 0.3 per cent, followed by the Nikkei 225 losing 0.1 percent and Hang Seng 0.5 per cent. Back home, a negative opening of the SGX CNX Nifty Index futures indicates a bearish opening for domestic bourses. 

Snapping eight day gaining streak, the Indian benchmarks ended lower on Wednesday as concern over Greek debt crisis looms back. Further, investors turned cautious ahead of the June derivative contracts set to expire tomorrow. The BSE SENSEX closed at 27729.67, down by 74.7 points or by 0.27 per cent and then NSE Nifty closed at 8360.85, down by 20.7 points or by 0.25 per cent.