Pre Session: Sensex seen opening flat on muted global cues
07/03/2017 08:29
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
The Indian benchmarks are set to open flat to lower on Tuesday, tracking muted cues from fellow Asian peers as investors weighed the escalating geopolitical tensions in East Asia after North Korea fired four ballistic missiles, while concerns about US President Trump's ability to focus on economic policies also soured trader appetite for the risker assets. US stocks ended lower in overnight trade as investors remained vigilant to lingering political risks in Europe after former French Prime Minister Alain Juppe ruled out standing in the country's presidential elections, while Brexit woes and Trump new travel ban also dented market sentiment. Muted trend in the SGX Nifty Index Futures for March delivery, which were trading at 8,975.00, down by 2.00 points or 0.02 per cent, at 10:34 AM Singapore time, signaled a flat to lower opening for Sensex. The investor will keep an eye on outcome in the state assembly elections as well as US Fed minutes which could turn the tide for the Indian market. Traders may also react to RBI Deputy Governor Viral Acharya comment that the impact of demonetisation might be seen on some sectors of the economy in the fourth quarter. On the corporate front, Music Broadcast, the operator of FM channel Radio City, IPO’s will remain in focus as Jagran group firm was subscribed 51 per cent on the first day of the offer on Monday.
On Monday, the Indian equity benchmarks ended on a robust note, helped by strong rally in oil&gas and auto stocks, tracking firm cues from fellow Asian markets, amid hopes that BJP-led ruling party will win crucial state assembly results in Uttar Pradesh. Adding to it, sustained buying by foreign portfolio investors after US Fed Chair Janet Yellen dropped a strong hint of a rate hike this month also lifted market sentiments. The 30-share barometer index of Bombay Stock Exchange, Sensex closed at 29048.19, up by 215.74 points or by 0.75 per cent, and the NSE Nifty ended at 8963.45, up by 65.9 points or by 0.74 per cent.
Top traded Volumes on NSE Nifty were Hindalco Industries Ltd. 17600803.00, Reliance Industries Ltd. 15252154.00, Idea Cellular Ltd. 13579118.00, ICICI Bank Ltd. 11422782.00, ITC Ltd. 9559221.00.
On NSE, total number of shares traded was 90.79 Crore and total turnover stood at Rs. 19153.01 Crore. On NSE Future and Options, total number of contracts traded in index futures was 161778 with a total turnover of Rs. 11830.03 Crore. Along with this total number of contracts traded in stock futures were 506203 with a total turnover of Rs. 36400.97 Crore. Total numbers of contracts for index options were 2852241 with a total turnover of Rs. 218606.26 Crore and total numbers of contracts for stock options were 314556 with a total turnover of Rs. 22779.55 Crore.
As on March 06, 2017, the FIIs stood as net buyer in both equity and debt segments. Gross equity purchased stood at Rs. 5308.64 Crore and gross debt purchased stood at Rs. 576.41 Crore, while the gross equity sold stood at Rs. 3880.73 Crore and gross debt sold stood at Rs. 531.84 Crore. Therefore, the net investment of equity and debt reported were Rs. 1427.91 Crore and Rs. 44.57.
07/03/2017 08:29
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
The Indian benchmarks are set to open flat to lower on Tuesday, tracking muted cues from fellow Asian peers as investors weighed the escalating geopolitical tensions in East Asia after North Korea fired four ballistic missiles, while concerns about US President Trump's ability to focus on economic policies also soured trader appetite for the risker assets. US stocks ended lower in overnight trade as investors remained vigilant to lingering political risks in Europe after former French Prime Minister Alain Juppe ruled out standing in the country's presidential elections, while Brexit woes and Trump new travel ban also dented market sentiment. Muted trend in the SGX Nifty Index Futures for March delivery, which were trading at 8,975.00, down by 2.00 points or 0.02 per cent, at 10:34 AM Singapore time, signaled a flat to lower opening for Sensex. The investor will keep an eye on outcome in the state assembly elections as well as US Fed minutes which could turn the tide for the Indian market. Traders may also react to RBI Deputy Governor Viral Acharya comment that the impact of demonetisation might be seen on some sectors of the economy in the fourth quarter. On the corporate front, Music Broadcast, the operator of FM channel Radio City, IPO’s will remain in focus as Jagran group firm was subscribed 51 per cent on the first day of the offer on Monday.
On Monday, the Indian equity benchmarks ended on a robust note, helped by strong rally in oil&gas and auto stocks, tracking firm cues from fellow Asian markets, amid hopes that BJP-led ruling party will win crucial state assembly results in Uttar Pradesh. Adding to it, sustained buying by foreign portfolio investors after US Fed Chair Janet Yellen dropped a strong hint of a rate hike this month also lifted market sentiments. The 30-share barometer index of Bombay Stock Exchange, Sensex closed at 29048.19, up by 215.74 points or by 0.75 per cent, and the NSE Nifty ended at 8963.45, up by 65.9 points or by 0.74 per cent.
Top traded Volumes on NSE Nifty were Hindalco Industries Ltd. 17600803.00, Reliance Industries Ltd. 15252154.00, Idea Cellular Ltd. 13579118.00, ICICI Bank Ltd. 11422782.00, ITC Ltd. 9559221.00.
On NSE, total number of shares traded was 90.79 Crore and total turnover stood at Rs. 19153.01 Crore. On NSE Future and Options, total number of contracts traded in index futures was 161778 with a total turnover of Rs. 11830.03 Crore. Along with this total number of contracts traded in stock futures were 506203 with a total turnover of Rs. 36400.97 Crore. Total numbers of contracts for index options were 2852241 with a total turnover of Rs. 218606.26 Crore and total numbers of contracts for stock options were 314556 with a total turnover of Rs. 22779.55 Crore.
As on March 06, 2017, the FIIs stood as net buyer in both equity and debt segments. Gross equity purchased stood at Rs. 5308.64 Crore and gross debt purchased stood at Rs. 576.41 Crore, while the gross equity sold stood at Rs. 3880.73 Crore and gross debt sold stood at Rs. 531.84 Crore. Therefore, the net investment of equity and debt reported were Rs. 1427.91 Crore and Rs. 44.57.
