Pre Session: Markets to open flat on muted global cues : 19/12/2016 08:17
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
Indian equities are likely to open on a flat note on Monday as global sentiment remained fragile after the US Federal Reserve raised key interest rates and indicated of faster pace of tightening next year. Muted trend in the SGX Nifty Index Futures for December delivery, which were trading at 8,129.00, down by 18 points or 0.22 per cent, at 10:44 AM Singapore time, also signalled a flat start for Sensex. Overseas, Asian markets were trading mixed, with Tokyo up slightly on better-than-expected November trade data for imports and exports. US stocks closed slightly lower in the previous trading session, with financials lagging, following some renewed concern of geopolitical tension. On Friday, the Indian benchmark indices ended flat with negative bias in range-bound session of trade as nervousness gripped investors after the US Federal Reserve’s crucial interest rate decision. Persistent fund outflows by foreign investors and uncertainty about near term economic outlook following demonetization also weighed on sentiment. The 30-share benchmark index closed trade at 26489.56, down by 29.51 points or by 0.11 per cent, and the NSE Nifty ended at 8139.45, down by 14.15 points or by 0.17 per cent. Top traded Volumes on NSE Nifty – ICICI Bank Ltd. 22713015.00, Axis Bank Ltd. 20477361.00, Power Grid Corporation of India Ltd. 14639366.00, ITC Ltd. 12925203.00, State Bank of India 11017555.00. On NSE, total number of shares traded was 78.18 Crore and total turnover stood at Rs. 18133.91 Crore. On NSE Future and Options, total number of contracts traded in index futures was 174800 with a total turnover of Rs. 11413.88 Crore. Along with this total number of contracts traded in stock futures were 418133 with a total turnover of Rs. 27632.60 Crore. Total numbers of contracts for index options were 2386231 with a total turnover of Rs. 155219.55 Crore. and total numbers of contracts for stock options were 261044 with a total turnover of Rs. 17902.17 Crore. The FIIs on 16/12/2016 stood as net buyer in equity and debt. Gross equity purchased stood at Rs. 3978.44 Crore and gross debt purchased stood at Rs. 666.18 Crore, while the gross equity sold stood at Rs. 4384.10 Crore and gross debt sold stood at Rs. 1196.28 Crore. Therefore, the net investment of equity and debt reported were Rs. -405.66 Crore and Rs. -530.10
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
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