Nifty-Sensex-Pre Market Report : 25.07.2019
Our Blog Information Learning purpose only
(Paper Trading Practice for Currency, Equity, Commodity Segment)
Whatsapp Number : 91-9094047040 / 91-9841986753
RUPEEDESK - SHARE MARKET TRAINING
Pre-Session: Sensex, Nifty likely to start in green ahead of F&O expiry
25/07/2019 08:41
Indian benchmarks are likely to start the day on a positive note on Thursday. Expiry of July series F&O contracts and corporate earnings will be key factors that'll drive the markets today. Trends on SGX Nifty also indicate a positive opening for the broader index in India. Nifty futures were trading around 11,294-level on the Singaporean Exchange. Among individual stocks, IndiGo will be in focus today after founders Rahul Bhatia and Rakesh Gangwal resolved issues of related party transactions (RPTs) and the composition of the company’s board. As many as 41 other companies are scheduled to declare their earnings today. Tata Motors is scheduled to announce its June quarter earnings today, and analysts expect the decrease in volume across all segments to impact both the company's revenue and bottom-line. On the global front, the S&P 500 and Nasdaq hit record highs on Wednesday after reassuring comments from Texas Instruments about global chip demand blunted the impact of weak earnings reports from Boeing and Caterpillar. The Dow Jones Industrial Average dipped 0.29 percent to end at 27,269.97 points, while the S&P 500 gained 0.47 percent to 3,019.56. The Nasdaq Composite added 0.85 percent to 8,321.50. The S&P 500 and Nasdaq each closed at their highest levels ever. Asian shares were cautious on Thursday, shrugging off a tech-fuelled rally on Wall Street while the euro hovered near two-month lows as soft economic data bolstered expectations of rate cuts in Europe. Japan’s Nikkei gained 0.5 percent to nearly three-month highs while Australia’s benchmark index hit a new 12-year top on Wednesday. South Korea’s KOSPI was the only index in the red as leading chipmakers shed recent gains amid trade tensions between Seoul and Tokyo. The MSCI’s broadest index of Asia-Pacific shares outside Japan broadly unchanged. On Wednesday, the 30-share benchmark index closed at 37847.65 down by 135.09 points or by 0.36 % and then NSE Nifty was at 11271.3 down by 59.75 points.
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
