Pre Session: Negative opening on cards for Sensex, Nifty; Infy Q4 eyed
13/04/2017 08:35
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
Indian equities are poised to open lower on Thursday as investors looked ahead to the start of earnings season, tracking bearish cues from Asian peers. IT bellwether Infosys will kick off the earnings season with its April-March quarter results today. Bearish trend in the SGX Nifty Index Futures for April delivery, which were trading at 9,199.50, down by 32.50 points or 0.35 per cent, at 11:00 AM Singapore time, also signaled a negative opening for local bourses. Globally, Asian stocks were trading mostly lower as geopolitical tension weighed while investors reacted to US President Donald Trump comments that the dollar was too strong. In the overnight trade, Wall Street ended lower with slim losses as investor assessed the geopolitical landscape, while cautioned prevailed in the market ahead of the earnings season. Back home, investors will also react to weak macro data, as Industrial output contracted 1.2 per cent in February from a year earlier, while March CPI hits five-month high of 3.81 per cent on higher fuel prices. Railways related stocks will also remain in focus as the Union Cabinet on Wednesday approved the listing of 11 public sector undertakings, including five railway subsidiaries — Ircon International, Indian Railway Catering and Tourism Corporation (IRCTC), Rail Vikas Nigam, Indian Railway Finance Corporation (IRFC) and RITES Ltd.
On Wednesday, the Indian equities ended lower for the fourth time in the last five sessions as caution prevailed ahead of the release of macro data due today and start of earnings season tomorrow, while escalating geopolitical tensions also dented market sentiment. The 30-share barometer index of Bombay Stock Exchange, Sensex closed at 29643.48, down by 144.87 points or by 0.49 per cent, and the NSE Nifty ended at 9203.45, down by 33.55 points or by 0.36 per cent.
Top traded Volumes on NSE Nifty were ICICI Bank Ltd. 16593559.00, Hindalco Industries Ltd. 14253253.00, State Bank of India 13251421.00, Adani Ports & Special Economic Zone Ltd. 8100661.00, Tata Power Company Ltd. 7643076.00.
On NSE, total number of shares traded was 147.64 Crore and total turnover stood at Rs. 25903.26 Crore.
On NSE Future and Options, total number of contracts traded in index futures was 251212 with a total turnover of Rs. 19022.65 Crore. Along with this total number of contracts traded in stock futures were 659763 with a total turnover of Rs. 50951.02 Crore. Total numbers of contracts for index options were 6135123 with a total turnover of Rs. 496922.67 Crore and total numbers of contracts for stock options were 428632 with a total turnover of Rs. 33592.16 Crore.
As on April 12, 2017, the FIIs stood as net seller in both equity and debt segments. Gross equity purchased stood at Rs. 4649.18 Crore and gross debt purchased stood at Rs. 995.17 Crore, while the gross equity sold stood at Rs. 5373.96 Crore and gross debt sold stood at Rs. 1200.41 Crore. Therefore, the net investment of equity and debt reported were Rs. -724.78 Crore and Rs. -205.24.
13/04/2017 08:35
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
Indian equities are poised to open lower on Thursday as investors looked ahead to the start of earnings season, tracking bearish cues from Asian peers. IT bellwether Infosys will kick off the earnings season with its April-March quarter results today. Bearish trend in the SGX Nifty Index Futures for April delivery, which were trading at 9,199.50, down by 32.50 points or 0.35 per cent, at 11:00 AM Singapore time, also signaled a negative opening for local bourses. Globally, Asian stocks were trading mostly lower as geopolitical tension weighed while investors reacted to US President Donald Trump comments that the dollar was too strong. In the overnight trade, Wall Street ended lower with slim losses as investor assessed the geopolitical landscape, while cautioned prevailed in the market ahead of the earnings season. Back home, investors will also react to weak macro data, as Industrial output contracted 1.2 per cent in February from a year earlier, while March CPI hits five-month high of 3.81 per cent on higher fuel prices. Railways related stocks will also remain in focus as the Union Cabinet on Wednesday approved the listing of 11 public sector undertakings, including five railway subsidiaries — Ircon International, Indian Railway Catering and Tourism Corporation (IRCTC), Rail Vikas Nigam, Indian Railway Finance Corporation (IRFC) and RITES Ltd.
On Wednesday, the Indian equities ended lower for the fourth time in the last five sessions as caution prevailed ahead of the release of macro data due today and start of earnings season tomorrow, while escalating geopolitical tensions also dented market sentiment. The 30-share barometer index of Bombay Stock Exchange, Sensex closed at 29643.48, down by 144.87 points or by 0.49 per cent, and the NSE Nifty ended at 9203.45, down by 33.55 points or by 0.36 per cent.
Top traded Volumes on NSE Nifty were ICICI Bank Ltd. 16593559.00, Hindalco Industries Ltd. 14253253.00, State Bank of India 13251421.00, Adani Ports & Special Economic Zone Ltd. 8100661.00, Tata Power Company Ltd. 7643076.00.
On NSE, total number of shares traded was 147.64 Crore and total turnover stood at Rs. 25903.26 Crore.
On NSE Future and Options, total number of contracts traded in index futures was 251212 with a total turnover of Rs. 19022.65 Crore. Along with this total number of contracts traded in stock futures were 659763 with a total turnover of Rs. 50951.02 Crore. Total numbers of contracts for index options were 6135123 with a total turnover of Rs. 496922.67 Crore and total numbers of contracts for stock options were 428632 with a total turnover of Rs. 33592.16 Crore.
As on April 12, 2017, the FIIs stood as net seller in both equity and debt segments. Gross equity purchased stood at Rs. 4649.18 Crore and gross debt purchased stood at Rs. 995.17 Crore, while the gross equity sold stood at Rs. 5373.96 Crore and gross debt sold stood at Rs. 1200.41 Crore. Therefore, the net investment of equity and debt reported were Rs. -724.78 Crore and Rs. -205.24.
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
