Pre Session: Sensex, Nifty seen opening flat on muted global cues; HDFC in focus
27/06/2017
Indian equities are likely to open flat on Tuesday, tracking bearish cues from Nifty futures on the Singapore Stock Exchange and mixed trading in Asian markets. In the overnight trade, Wall Street ended mostly higher in lackluster trade, helped by gains in utilities and financial stocks. Back home, bearish trend in the SGX Nifty Index Futures for June delivery, which were trading at 9,617.50, down by 0.04 points or 0.04 per cent, at 10:48 AM Singapore time, also signaled a flat opening for local bourses. The market may see volatility this week ahead of June F&O expiry due this week and GST rollout lined up for July 01. On the economy front, the government is working on plan to change the financial year from January instead of April from 2018. The Prime Minister Narendra Modi led government also aims to mop-up at least Rs 25,000 crore through stake sales in April-September period, the highest-ever for the first half of any year. On the corporate front, HDFC will remain in focus after the mortgage lender said it will seek shareholders' approval at the annual general meeting (AGM) next month to raise up to Rs 85,000 crore through various debt instruments. HDFC AGM is scheduled to be held on July 26, 2017.
On Friday, the Indian equities ended in negative terrain, tracking mixed cues from Asian market, as investors resorted to profit booking in absence of any major trigger on domestic or global front. The caution prevailed in the market ahead of the nation-wide launch of the Goods and Services Tax (GST) due on July 1, while investors monitored oil prices and focused on developments on global front. The 30-share barometer SENSEX closed at 31138.21, down by 152.53 points or by 0.49 per cent, and the NSE Nifty ended at 9574.95, down by 55.05 points or by 0.57 per cent.
Top traded Volumes on NSE Nifty were State Bank of India 26110402.00, Power Grid Corporation of India Ltd. 18964075.00, Tata Power Company Ltd. 11286863.00, Hindalco Industries Ltd. 9349289.00, ICICI Bank Ltd. 9180870.00.
On NSE, total number of shares traded was 139.23 Crore and total turnover stood at Rs. 23570.39 Crore.
On NSE Future and Options, total number of contracts traded in index futures was 228704 with a total turnover of Rs. 18084.31 Crore. Along with this total number of contracts traded in stock futures were 936401 with a total turnover of Rs. 66803.25 Crore. Total numbers of contracts for index options were 4950025 with a total turnover of Rs. 394176.97 Crore and total numbers of contracts for stock options were 551187 with a total turnover of Rs. 42205.21 Crore.
As on June 23, 2017, the FIIs turned net buyer in both equity and debt segment. Gross equity purchased stood at Rs. 6638.35 Crore and gross debt purchased stood at Rs. 881.73 Crore, while the gross equity sold stood at Rs. 6129.63 Crore and gross debt sold stood at Rs. 674.90 Crore. Therefore, the net investment of equity and debt reported were Rs. 508.72 Crore and Rs. 206.83.
27/06/2017
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
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Indian equities are likely to open flat on Tuesday, tracking bearish cues from Nifty futures on the Singapore Stock Exchange and mixed trading in Asian markets. In the overnight trade, Wall Street ended mostly higher in lackluster trade, helped by gains in utilities and financial stocks. Back home, bearish trend in the SGX Nifty Index Futures for June delivery, which were trading at 9,617.50, down by 0.04 points or 0.04 per cent, at 10:48 AM Singapore time, also signaled a flat opening for local bourses. The market may see volatility this week ahead of June F&O expiry due this week and GST rollout lined up for July 01. On the economy front, the government is working on plan to change the financial year from January instead of April from 2018. The Prime Minister Narendra Modi led government also aims to mop-up at least Rs 25,000 crore through stake sales in April-September period, the highest-ever for the first half of any year. On the corporate front, HDFC will remain in focus after the mortgage lender said it will seek shareholders' approval at the annual general meeting (AGM) next month to raise up to Rs 85,000 crore through various debt instruments. HDFC AGM is scheduled to be held on July 26, 2017.
On Friday, the Indian equities ended in negative terrain, tracking mixed cues from Asian market, as investors resorted to profit booking in absence of any major trigger on domestic or global front. The caution prevailed in the market ahead of the nation-wide launch of the Goods and Services Tax (GST) due on July 1, while investors monitored oil prices and focused on developments on global front. The 30-share barometer SENSEX closed at 31138.21, down by 152.53 points or by 0.49 per cent, and the NSE Nifty ended at 9574.95, down by 55.05 points or by 0.57 per cent.
Top traded Volumes on NSE Nifty were State Bank of India 26110402.00, Power Grid Corporation of India Ltd. 18964075.00, Tata Power Company Ltd. 11286863.00, Hindalco Industries Ltd. 9349289.00, ICICI Bank Ltd. 9180870.00.
On NSE, total number of shares traded was 139.23 Crore and total turnover stood at Rs. 23570.39 Crore.
On NSE Future and Options, total number of contracts traded in index futures was 228704 with a total turnover of Rs. 18084.31 Crore. Along with this total number of contracts traded in stock futures were 936401 with a total turnover of Rs. 66803.25 Crore. Total numbers of contracts for index options were 4950025 with a total turnover of Rs. 394176.97 Crore and total numbers of contracts for stock options were 551187 with a total turnover of Rs. 42205.21 Crore.
As on June 23, 2017, the FIIs turned net buyer in both equity and debt segment. Gross equity purchased stood at Rs. 6638.35 Crore and gross debt purchased stood at Rs. 881.73 Crore, while the gross equity sold stood at Rs. 6129.63 Crore and gross debt sold stood at Rs. 674.90 Crore. Therefore, the net investment of equity and debt reported were Rs. 508.72 Crore and Rs. 206.83.
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