Pre Session: Flat openings on cards for Sensex, Nifty; Ashok Leyland, Indian Bank Q1 eyed
21/07/2017
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
Indian equities are likely to open on flat note on Friday, tracking negative cues from Nifty futures on the Singapore Stock Exchange and mixed trading across Asian markets. The Asian stocks were trading flat to negative after Wall Street ended mostly lower in overnight trade as few earnings misses offset the positive impact from weekly jobless claims data, which indicated that a labor market that has conveyed consistent signs of health. Back home, muted trend in the SGX Nifty Index Futures for July delivery, which were trading at 9,899.00, up by 3.00 points or 0.03 per cent, at 10:54 AM Singapore time, also signaled a flat opening for local bourses. On the economy front, the government has approved a proposal to build 34 mega multi-modal logistics parks with an investment of Rs 2 lakh crore through public-private partnerships. On the corporate front, aviation firm InterGlobe Aviation will remain in focus after the company said it will dilute promoter stake to comply with regulatory norms. Investors will also react to earnings report of index heavyweights Reliance Industries and Wipro as duos have posted better-than-expected earnings for the June quarter. Wipro has also announced plans to buy back shares worth up to Rs 11,000 crore. On the earnings front, Ashok Leyland, Indian Bank, Tata Sponge, DHFL and Persistent Systems, will announce their June quarter results today.
On Thursday, the Indian equities ended tad lower on Thursday, tracking muted cues from Asian peers, weighed down by selling across IT, metal, and auto stocks, while some buying activity was seen in realty, capital goods stocks. Investors also remained jittery ahead of the earnings announcement by big companies such as Reliance Industries and Wipro. The 30-share barometer SENSEX closed at 31904.4, down by 50.95 points or by 0.16 per cent, and the NSE Nifty ended at 9873.3, down by 26.3 points or by 0.27 per cent.
Top traded Volumes on NSE Nifty were Axis Bank Ltd. 16391849.00, Oil And Natural Gas Corporation Ltd. 16154989.00, ITC Ltd. 15306864.00, Kotak Mahindra Bank Ltd. 10689537.00, ICICI Bank Ltd. 8458004.00.
On NSE, total number of shares traded was 138.45 Crore and total turnover stood at Rs. 25835.64 Crore.
On NSE Future and Options, total number of contracts traded in index futures was 170466 with a total turnover of Rs. 14282.61 Crore. Along with this total number of contracts traded in stock futures were 747178 with a total turnover of Rs. 54850.14 Crore. Total numbers of contracts for index options were 9608170 with a total turnover of Rs. 879868.12 Crore and total numbers of contracts for stock options were 555417 with a total turnover of Rs. 41731.54 Crore.
As on July 20, 2017 the FIIs turned net buyer in both debt and equity segment. Gross equity purchased stood at Rs. 6580.42 Crore and gross debt purchased stood at Rs. 1079.61 Crore, while the gross equity sold stood at Rs. 5563.54 Crore and gross debt sold stood at Rs. 244.05 Crore. Therefore, the net investment of equity and debt reported were Rs. 1016.88 Crore and Rs. 835.56.
21/07/2017
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
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Indian equities are likely to open on flat note on Friday, tracking negative cues from Nifty futures on the Singapore Stock Exchange and mixed trading across Asian markets. The Asian stocks were trading flat to negative after Wall Street ended mostly lower in overnight trade as few earnings misses offset the positive impact from weekly jobless claims data, which indicated that a labor market that has conveyed consistent signs of health. Back home, muted trend in the SGX Nifty Index Futures for July delivery, which were trading at 9,899.00, up by 3.00 points or 0.03 per cent, at 10:54 AM Singapore time, also signaled a flat opening for local bourses. On the economy front, the government has approved a proposal to build 34 mega multi-modal logistics parks with an investment of Rs 2 lakh crore through public-private partnerships. On the corporate front, aviation firm InterGlobe Aviation will remain in focus after the company said it will dilute promoter stake to comply with regulatory norms. Investors will also react to earnings report of index heavyweights Reliance Industries and Wipro as duos have posted better-than-expected earnings for the June quarter. Wipro has also announced plans to buy back shares worth up to Rs 11,000 crore. On the earnings front, Ashok Leyland, Indian Bank, Tata Sponge, DHFL and Persistent Systems, will announce their June quarter results today.
On Thursday, the Indian equities ended tad lower on Thursday, tracking muted cues from Asian peers, weighed down by selling across IT, metal, and auto stocks, while some buying activity was seen in realty, capital goods stocks. Investors also remained jittery ahead of the earnings announcement by big companies such as Reliance Industries and Wipro. The 30-share barometer SENSEX closed at 31904.4, down by 50.95 points or by 0.16 per cent, and the NSE Nifty ended at 9873.3, down by 26.3 points or by 0.27 per cent.
Top traded Volumes on NSE Nifty were Axis Bank Ltd. 16391849.00, Oil And Natural Gas Corporation Ltd. 16154989.00, ITC Ltd. 15306864.00, Kotak Mahindra Bank Ltd. 10689537.00, ICICI Bank Ltd. 8458004.00.
On NSE, total number of shares traded was 138.45 Crore and total turnover stood at Rs. 25835.64 Crore.
On NSE Future and Options, total number of contracts traded in index futures was 170466 with a total turnover of Rs. 14282.61 Crore. Along with this total number of contracts traded in stock futures were 747178 with a total turnover of Rs. 54850.14 Crore. Total numbers of contracts for index options were 9608170 with a total turnover of Rs. 879868.12 Crore and total numbers of contracts for stock options were 555417 with a total turnover of Rs. 41731.54 Crore.
As on July 20, 2017 the FIIs turned net buyer in both debt and equity segment. Gross equity purchased stood at Rs. 6580.42 Crore and gross debt purchased stood at Rs. 1079.61 Crore, while the gross equity sold stood at Rs. 5563.54 Crore and gross debt sold stood at Rs. 244.05 Crore. Therefore, the net investment of equity and debt reported were Rs. 1016.88 Crore and Rs. 835.56.
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