Pre Session: Markets may open higher on exit poll predictions 10/03/2017 08:35

Pre Session: Markets may open higher on exit poll predictions
10/03/2017 08:35
NIFTY FUT  TREND             : BUY ZONE
BANKNIFTY FUT  TREND  : BUY ZONE


Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040

The Indian benchmarks are set to open on higher on Friday driven largely by exit polls’ prediction of a Bharatiya Janata Party (BJP) gain in Uttar Pradesh.

On the macro front, the government will announce the industrial data for January, which is seen rising to 0.8 percent.

Asian markets have opened mostly higher, except in South Korea, which is awaiting a court's verdict on President Park's impeachment late last year by the legislature, while Wall Street remained cautious ahead of crucial jobs data later in the day.

Positive trend in the SGX Nifty Index Futures for March delivery, which were trading at 8,970.00, up by 15.50 points or 0.17 per cent, at 11:06 AM Singapore time, signaled a positive opening for the domestic bourses.

On Thursday, the Indian equity benchmark indices ended marginally higher after a choppy trade ahead of the exit polls data and results for assembly elections in five states and the US Federal Reserve policy meeting next week. The 30-share barometer index of Bombay Stock Exchange, Sensex closed at 28929.13, up by 27.19 points or by 0.09 per cent, and the NSE Nifty ended at 8927, up by 2.7 points or by 0.03 per cent. Top traded Volumes on NSE Nifty – GAIL (India) Ltd. 18906962.00, State Bank of India 15594429.00, Idea Cellular Ltd. 11865048.00, Hindalco Industries Ltd. 11667482.00, ICICI Bank Ltd. 10588918.00, On NSE, total number of shares traded was 99.05 Crore and total turnover stood at Rs. 19550.73 Crore. On NSE Future and Options, total number of contracts traded in index futures was 175870 with a total turnover of Rs. 12848.86 Crore. Along with this total number of contracts traded in stock futures were 471998 with a total turnover of Rs. 34007.69 Crore. Total numbers of contracts for index options were 7627001 with a total turnover of Rs. 614176.17 Crore. and total numbers of contracts for stock options were 267967 with a total turnover of Rs. 19751.20 Crore. The FIIs on 09/03/2017 stood as net buyer in equity and debt. Gross equity purchased stood at Rs. 7527.46 Crore and gross debt purchased stood at Rs. 1276.78 Crore, while the gross equity sold stood at Rs. 3954.73 Crore and gross debt sold stood at Rs. 1135.76 Crore. Therefore, the net investment of equity and debt reported were Rs. 3572.73 Crore and Rs. 141.02

Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040