Pre Session: Markets may open cautious on muted global cues : 20/01/2017 08:40

Pre Session: Markets may open cautious on muted global cues : 20/01/2017 08:40
NIFTY FUT  TREND             : SELL ZONE
BANKNIFTY FUT  TREND  : SELL ZONE


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Indian equities are set to open on a flat note on Friday as investors maintained caution ahead of US President-Elect Donald Trump’s inauguration later in the day.

Muted trend in the SGX Nifty Index Futures for January delivery, which were trading at 8,425.00, down by 16.50 points or 0.20 per cent, at 11:00 AM Singapore time, also signaled a flat start for Sensex.

Asian markets slipped in morning trade as risk sentiment soured ahead of Trump’s event. Investors now await key data from China as it is set to announce its GDP, retail sales as well as industrial production figures on Friday.

The US markets closed lower, with real estate falling around 1 percent, as investors eagerly awaited Trump's inauguration. Technology stocks may also be in focus as pressure on back of talks of re-introduction of Immigration Bill continues.

On Thursday, the Indian equity benchmarks ended tad higher in lackluster trade amid sustained buying by retail and foreign portfolio investors coupled with rally in index heavyweights such as ONGC, ITC, ONGC, Tata Motors and Reliance Industries. The 30-share barometer index of Bombay Stock Exchange, Sensex closed trade at 27308.6, up by 50.96 points or by 0.19 per cent, and the NSE Nifty ended at 8435.1, up by 18.1 points or by 0.22 per cent.

Top traded Volumes on NSE Nifty – Idea Cellular Ltd. 21453882.00, State Bank of India 13029151.00, Oil And Natural Gas Corporation Ltd. 11378619.00, ITC Ltd. 9184429.00, Hindalco Industries Ltd. 8384318.00,

On NSE, total number of shares traded was 98.29 Crore and total turnover stood at Rs. 17974.62 Crore.

On NSE Future and Options, total number of contracts traded in index futures was 160250 with a total turnover of Rs. 11001.02 Crore. Along with this total number of contracts traded in stock futures were 647821 with a total turnover of Rs. 43768.56 Crore. Total numbers of contracts for index options were 5756347 with a total turnover of Rs. 421594.50 Crore. and total numbers of contracts for stock options were 402640 with a total turnover of Rs. 29231.94 Crore.

The FIIs on 19/01/2017 stood as net buyer in equity and debt. Gross equity purchased stood at Rs. 4140.79 Crore and gross debt purchased stood at Rs. 1070.69 Crore, while the gross equity sold stood at Rs. 3804.86 Crore and gross debt sold stood at Rs. 505.83 Crore. Therefore, the net investment of equity and debt reported were Rs. 335.93 Crore and Rs. 564.86 .