Pre Session: Sensex, Nifty seen opening flat on muted Asian cues; TCS Q4 eyed
18/04/2017
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
Indian equities are likely to open flat to lower on Tuesday, tracking mixed cues from fellow Asian peers as caution prevailed ahead of release of Chinese home prices data and South Korea’s producer price index, while investors looked ahead to TCS’ March quarter earnings result. Muted trend in the SGX Nifty Index Futures for April delivery, which were trading at 9,158.50, down by 8.00 points or 0.09 per cent, at 10:44 AM Singapore time, also signaled a weak opening for local bourses. According to Economic Times, IT bellwether Tata Consultancy Services (TCS) is likely to report a 1.85 per cent sequential rise in dollar revenue growth of USD 4,468 million for the quarter ended March 31, 2017, compared to USD 4,387 million in the December quarter. Meanwhile, the company’s shareholders had approved Rs 16,000-crore share buyback plan, which represent 2.85 per cent of the total paid-up equity share capital, at Rs 2,850 a share. On the economy front, World Bank has pegged India’s GDP growth at 7.2 per cent this financial year and 7.5 per cent in 2018-19, citing recovery in economic growth after a "modest setback" due to demonetization last fiscal. On the corporate front, Omax Auto, VST Industries, Muthoot Capital Services and Hindustan Oil Exploration will release their financial results for the quarter ended March 31, 2017.
On Monday, Indian equity benchmarks ended the day marginally lower as geopolitical issues continued to dominate the scene. The investors also remained on the sidelines, hopeful for positive corporate results after a disappointing start to the earnings season last week when Infosys issued lower-than-expected revenue guidance. The 30-share barometer index of Bombay Stock Exchange, Sensex closed at 29413.66, down by 47.79 points or by 0.16 per cent, and the NSE Nifty ended at 9139.3, down by 11.5 points or by 0.13 per cent.
Top traded Volumes on NSE Nifty were Hindalco Industries Ltd. 16069287.00, State Bank of India 8146800.00, NTPC Ltd. 7983940.00, Indian Oil Corporation Ltd. 7506670.00, ICICI Bank Ltd. 7500783.00.
On NSE, total number of shares traded was 141.90 Crore and total turnover stood at Rs. 22544.32 Crore.
On NSE Future and Options, total number of contracts traded in index futures was 117331 with a total turnover of Rs. 8853.57 Crore. Along with this total number of contracts traded in stock futures were 531454 with a total turnover of Rs. 42602.42 Crore. Total numbers of contracts for index options were 2693393 with a total turnover of Rs. 207725.46 Crore and total numbers of contracts for stock options were 413306 with a total turnover of Rs. 33116.05 Crore.
As on April 17, 2017, the FIIs stood as net buyer in debt segment, but turned net seller in equity. Gross equity purchased stood at Rs 3233.02 Crore and gross debt purchased stood at Rs 2180.08 Crore, while the gross equity sold stood at Rs 3545.28 Crore and gross debt sold stood at Rs 412.55 Crore. Therefore, the net investment of equity and debt reported were Rs -312.26 Crore and Rs 1767.53.
18/04/2017
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 likely to open flat to lower on Tuesday, tracking mixed cues from fellow Asian peers as caution prevailed ahead of release of Chinese home prices data and South Korea’s producer price index, while investors looked ahead to TCS’ March quarter earnings result. Muted trend in the SGX Nifty Index Futures for April delivery, which were trading at 9,158.50, down by 8.00 points or 0.09 per cent, at 10:44 AM Singapore time, also signaled a weak opening for local bourses. According to Economic Times, IT bellwether Tata Consultancy Services (TCS) is likely to report a 1.85 per cent sequential rise in dollar revenue growth of USD 4,468 million for the quarter ended March 31, 2017, compared to USD 4,387 million in the December quarter. Meanwhile, the company’s shareholders had approved Rs 16,000-crore share buyback plan, which represent 2.85 per cent of the total paid-up equity share capital, at Rs 2,850 a share. On the economy front, World Bank has pegged India’s GDP growth at 7.2 per cent this financial year and 7.5 per cent in 2018-19, citing recovery in economic growth after a "modest setback" due to demonetization last fiscal. On the corporate front, Omax Auto, VST Industries, Muthoot Capital Services and Hindustan Oil Exploration will release their financial results for the quarter ended March 31, 2017.
On Monday, Indian equity benchmarks ended the day marginally lower as geopolitical issues continued to dominate the scene. The investors also remained on the sidelines, hopeful for positive corporate results after a disappointing start to the earnings season last week when Infosys issued lower-than-expected revenue guidance. The 30-share barometer index of Bombay Stock Exchange, Sensex closed at 29413.66, down by 47.79 points or by 0.16 per cent, and the NSE Nifty ended at 9139.3, down by 11.5 points or by 0.13 per cent.
Top traded Volumes on NSE Nifty were Hindalco Industries Ltd. 16069287.00, State Bank of India 8146800.00, NTPC Ltd. 7983940.00, Indian Oil Corporation Ltd. 7506670.00, ICICI Bank Ltd. 7500783.00.
On NSE, total number of shares traded was 141.90 Crore and total turnover stood at Rs. 22544.32 Crore.
On NSE Future and Options, total number of contracts traded in index futures was 117331 with a total turnover of Rs. 8853.57 Crore. Along with this total number of contracts traded in stock futures were 531454 with a total turnover of Rs. 42602.42 Crore. Total numbers of contracts for index options were 2693393 with a total turnover of Rs. 207725.46 Crore and total numbers of contracts for stock options were 413306 with a total turnover of Rs. 33116.05 Crore.
As on April 17, 2017, the FIIs stood as net buyer in debt segment, but turned net seller in equity. Gross equity purchased stood at Rs 3233.02 Crore and gross debt purchased stood at Rs 2180.08 Crore, while the gross equity sold stood at Rs 3545.28 Crore and gross debt sold stood at Rs 412.55 Crore. Therefore, the net investment of equity and debt reported were Rs -312.26 Crore and Rs 1767.53.
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
