Pre Session: Sensex seen opening flat on weak global cues : 29/11/2016 08:29
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
Indian equity benchmarks are likely to open on subdued note on Tuesday, tracking a mostly bearish trend across markets in Asia ahead of key global events such as the meeting of OPEC member to discuss possible output cuts, US GDP data and Italy's referendum. Slim gains in the SGX Nifty Index Futures for December delivery which were trading at 8,156.00, up by 6.5 points or 0.08 per cent, at 10:54 AM Singapore time, signal that the Sensex may open flat today. Shares of Tata Power and NFL will be in focus today as the companies unveil their earnings data for the September 2016 quarter. The movement of the rupee, which hit a record low, will also influence sentiment on Dalal Street as fears of an imminent Fed interest rate hike curb foreign capital inflows to emerging markets. Volatility may remain high at the domestic bourses amid uncertainty over the near-term outlook for Asia’s third biggest economy in the wake of the government’s stunning demonetization move.
On Monday, the Indian benchmark indices ended marginally higher in choppy trade on Monday on the back of gain across realty, power and oil&gas stocks, tracking firm cues from Asian peers. Banking stocks were biggest laggards as the Reserve Bank of India (RBI) hiked the cash reserve ratio over the weekend. The 30-share benchmark index closed trade at 26350.17, up by 33.83 points or by 0.13 per cent, and the NSE Nifty ended at 8126.9, up by 12.6 points or by 0.16 per cent.
Most Asian stocks were trading lower as investors remained wary ahead of key global events such as the meeting of OPEC member to discuss possible output cuts, US jobs report and Italy's referendum. Shanghai Composite and Hang Seng fell, while Nikkei 225 dropped as a stronger yen hurt sentiment. In the overnight trade, Wall Street ended lower as traders booked profit in financial and consumer discretionary stocks.
Top traded Volumes on NSE Nifty were ICICI Bank Ltd. 29945199.00, State Bank of India 22315183.00, Hindalco Industries Ltd. 12519439.00, Bank of Baroda 12450961.00, ITC Ltd. 9120749.00.
On NSE, total number of shares traded was 86.28 Crore and total turnover stood at Rs. 17895.86 Crore.
On NSE Future and Options, total number of contracts traded in index futures was 214863 with a total turnover of Rs. 14230.93 Crore. Along with this total number of contracts traded in stock futures were 441315 with a total turnover of Rs. 29433.07 Crore. Total numbers of contracts for index options were 2181362 with a total turnover of Rs. 148085.73 Crore and total numbers of contracts for stock options were 211613 with a total turnover of Rs. 14702.14 Crore.
The FIIs on November 28, 2016 stood as net seller in both equity and debt segment. Gross equity purchased stood at Rs. 3770.32 Crore and gross debt purchased stood at Rs. 2687.95 Crore, while the gross equity sold stood at Rs. 4231.61 Crore and gross debt sold stood at Rs. 3175.29 Crore. Therefore, the net investment of equity and debt reported were Rs. -461.29 Crore and Rs. -487.34.
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
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On Monday, the Indian benchmark indices ended marginally higher in choppy trade on Monday on the back of gain across realty, power and oil&gas stocks, tracking firm cues from Asian peers. Banking stocks were biggest laggards as the Reserve Bank of India (RBI) hiked the cash reserve ratio over the weekend. The 30-share benchmark index closed trade at 26350.17, up by 33.83 points or by 0.13 per cent, and the NSE Nifty ended at 8126.9, up by 12.6 points or by 0.16 per cent.
Most Asian stocks were trading lower as investors remained wary ahead of key global events such as the meeting of OPEC member to discuss possible output cuts, US jobs report and Italy's referendum. Shanghai Composite and Hang Seng fell, while Nikkei 225 dropped as a stronger yen hurt sentiment. In the overnight trade, Wall Street ended lower as traders booked profit in financial and consumer discretionary stocks.
Top traded Volumes on NSE Nifty were ICICI Bank Ltd. 29945199.00, State Bank of India 22315183.00, Hindalco Industries Ltd. 12519439.00, Bank of Baroda 12450961.00, ITC Ltd. 9120749.00.
On NSE, total number of shares traded was 86.28 Crore and total turnover stood at Rs. 17895.86 Crore.
On NSE Future and Options, total number of contracts traded in index futures was 214863 with a total turnover of Rs. 14230.93 Crore. Along with this total number of contracts traded in stock futures were 441315 with a total turnover of Rs. 29433.07 Crore. Total numbers of contracts for index options were 2181362 with a total turnover of Rs. 148085.73 Crore and total numbers of contracts for stock options were 211613 with a total turnover of Rs. 14702.14 Crore.
The FIIs on November 28, 2016 stood as net seller in both equity and debt segment. Gross equity purchased stood at Rs. 3770.32 Crore and gross debt purchased stood at Rs. 2687.95 Crore, while the gross equity sold stood at Rs. 4231.61 Crore and gross debt sold stood at Rs. 3175.29 Crore. Therefore, the net investment of equity and debt reported were Rs. -461.29 Crore and Rs. -487.34.
