Pre Session: Sensex set to open higher on firm global cues : 08/12/2016 08:27
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
Indian equity benchmarks are likely to bell the day on positive note on Thursday, tracking firm cues from Asian peers after US markets ended robust in overnight trade on hopes that the European Central Bank would continue its asset buying campaign at a policy meeting later in the session. Bullish trend in the SGX Nifty Index Futures for December delivery which were trading at 8212.5, up by 70 points or 0.86 per cent, at 10:50 AM Singapore time, signaling a positive start for Sensex. The investors will keep an eye on Chinese trade data and European Central Bank's policy review which will be announced later in the day. On the corporate front, Steel Authority of India, MMTC, Finolex Industries and Claris Life Sciences will remain in focus as they will unveil their financial results for the quarter ended September 30, 2016 today.
Snapping two day gaining streak, the Indian benchmark indices ended lower on Wednesday after the Reserve Bank of India surprised markets by maintaining status quo in its fifth bi-monthly monetary policy review. However, in a little respite to banks, RBI announced to withdraw the incremental CRR effective the fortnight beginning December 10, 2016. The 30-share benchmark index closed trade at 26236.87, down by 155.89 points or by 0.59 per cent, and the NSE Nifty ended at 8102.05, down by 41.1 points or by 0.5 per cent.
On the global front, Asian stocks were trading higher after US markets ended robust in overnight trade on hopes that the European Central Bank would continue its asset buying campaign at a policy meeting later in the session. China’s Shanghai Composite Index was up ahead of trade data, while Hang Seng and Nikkei Stock Average 225 rose 0.8 per cent each. In overnight trade, Wall Street ended on robust note, with the Dow industrials and S&P 500 hitting record high, in broad-based rally as investors are betting that newly elected President Donald Trump’s policies would boost economic growth.
Top traded Volumes on NSE Nifty were State Bank of India 22193202.00, Tata Power Company Ltd. 14527202.00, Sun Pharmaceutical Industries Ltd. 12922300.00, ICICI Bank Ltd. 12396073.00, Idea Cellular Ltd. 11419386.00.
On NSE, total number of shares traded was 82.69 Crore and total turnover stood at Rs. 15900.05 Crore.
On NSE Future and Options, total number of contracts traded in index futures was 270575 with a total turnover of Rs. 18024.75 Crore. Along with this total number of contracts traded in stock futures were 439223 with a total turnover of Rs. 28880.48 Crore. Total numbers of contracts for index options were 3880413 with a total turnover of Rs. 266613.81 Crore and total numbers of contracts for stock options were 249636 with a total turnover of Rs. 17059.35 Crore.
The FIIs on December 07, 2016 stood as net buyer in equity, but net seller in debt segment. Gross equity purchased stood at Rs. 3162.24 Crore and gross debt purchased stood at Rs. 1086.73 Crore, while the gross equity sold stood at Rs. 2956.05 Crore and gross debt sold stood at Rs. 3499.10 Crore. Therefore, the net investment of equity and debt reported were Rs. 206.19 Crore and Rs. -2412.37.
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
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Snapping two day gaining streak, the Indian benchmark indices ended lower on Wednesday after the Reserve Bank of India surprised markets by maintaining status quo in its fifth bi-monthly monetary policy review. However, in a little respite to banks, RBI announced to withdraw the incremental CRR effective the fortnight beginning December 10, 2016. The 30-share benchmark index closed trade at 26236.87, down by 155.89 points or by 0.59 per cent, and the NSE Nifty ended at 8102.05, down by 41.1 points or by 0.5 per cent.
On the global front, Asian stocks were trading higher after US markets ended robust in overnight trade on hopes that the European Central Bank would continue its asset buying campaign at a policy meeting later in the session. China’s Shanghai Composite Index was up ahead of trade data, while Hang Seng and Nikkei Stock Average 225 rose 0.8 per cent each. In overnight trade, Wall Street ended on robust note, with the Dow industrials and S&P 500 hitting record high, in broad-based rally as investors are betting that newly elected President Donald Trump’s policies would boost economic growth.
Top traded Volumes on NSE Nifty were State Bank of India 22193202.00, Tata Power Company Ltd. 14527202.00, Sun Pharmaceutical Industries Ltd. 12922300.00, ICICI Bank Ltd. 12396073.00, Idea Cellular Ltd. 11419386.00.
On NSE, total number of shares traded was 82.69 Crore and total turnover stood at Rs. 15900.05 Crore.
On NSE Future and Options, total number of contracts traded in index futures was 270575 with a total turnover of Rs. 18024.75 Crore. Along with this total number of contracts traded in stock futures were 439223 with a total turnover of Rs. 28880.48 Crore. Total numbers of contracts for index options were 3880413 with a total turnover of Rs. 266613.81 Crore and total numbers of contracts for stock options were 249636 with a total turnover of Rs. 17059.35 Crore.
The FIIs on December 07, 2016 stood as net buyer in equity, but net seller in debt segment. Gross equity purchased stood at Rs. 3162.24 Crore and gross debt purchased stood at Rs. 1086.73 Crore, while the gross equity sold stood at Rs. 2956.05 Crore and gross debt sold stood at Rs. 3499.10 Crore. Therefore, the net investment of equity and debt reported were Rs. 206.19 Crore and Rs. -2412.37.
