Pre Session: Markets may open flat on muted global cues
29/05/2017
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
The Indian benchmarks are set to open flat on Monday tracking muted cues from other global peers.
The report that foreign investors have pumped in nearly USD 4 billion in the country's capital market so far this month due to finalisation of GST rates for the bulk of the items and stable outlook for the rupee, may boost the investor’s sentiments later in the day. The Asian markets have opened flat after the latest ballistic missile test by North Korea and as major markets are closed for public holidays today, while the Wall Street closed mixed in the previous trading session ahead of the long holiday weekend.On the corporate front, companies like Bajaj Electricals, BHEL, BPCL, Coal India, City Union Bank, Educomp, Escorts, Jindal Saw, Jaiprakash Associates, L&T, Max India, MMTC, NHPC, NTPC, Oil India, Sadbhav Engineering among others are scheduled to report their results for the quarter ended March 31 later today. Muted trends in the SGX Nifty Index Futures for June delivery, which were trading at 9580.50, up by 5.50 points or 0.06 per cent, at 10:34 AM Singapore time, signalled a flat to marginally higher opening for the domestic bourses.
On Friday, the Indian equities continued gaining streak for the second day, with benchmarks Sensex and Nifty closing at record high in a broad-based rally, as investors gave thumbs-up to Narendra Modi-led NDA government's three years in office. Adding to it, reports of increase in pre-monsoon showers across the India, which gives a glimpse of the arrival of monsoon 2017 sooner-than-later, also gave a lift to market sentiment. The 30-share barometer SENSEX closed at a new high of 31028.21, up by 278.18 points or by 0.9 per cent, and then NSE Nifty settled at 9595.1, up by 85.35 points or by 0.9 per cent. Top traded Volumes on NSE Nifty – ITC Ltd. 21742467.00, ICICI Bank Ltd. 19396445.00, Vedanta Ltd. 18369278.00, Hindalco Industries Ltd. 17803837.00, Tata Steel Ltd. 16240203.00, On NSE, total number of shares traded was 139.00 Crore and total turnover stood at Rs. 26556.86 Crore.
On NSE Future and Options, total number of contracts traded in index futures was 202818 with a total turnover of Rs. 16075.36 Crore. Along with this total number of contracts traded in stock futures were 768678 with a total turnover of Rs. 53836.08 Crore. Total numbers of contracts for index options were 3193482 with a total turnover of Rs. 260144.11 Crore. and total numbers of contracts for stock options were 425935 with a total turnover of Rs. 30919.32 Crore. The FIIs on 26/05/2017 stood as net buyer in equity and debt. Gross equity purchased stood at Rs. 9181.50 Crore and gross debt purchased stood at Rs. 429.86 Crore, while the gross equity sold stood at Rs. 8392.30 Crore and gross debt sold stood at Rs. 636.57 Crore. Therefore, the net investment of equity and debt reported were Rs. 789.20 Crore and Rs. -206.71
29/05/2017
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
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The Indian benchmarks are set to open flat on Monday tracking muted cues from other global peers.
The report that foreign investors have pumped in nearly USD 4 billion in the country's capital market so far this month due to finalisation of GST rates for the bulk of the items and stable outlook for the rupee, may boost the investor’s sentiments later in the day. The Asian markets have opened flat after the latest ballistic missile test by North Korea and as major markets are closed for public holidays today, while the Wall Street closed mixed in the previous trading session ahead of the long holiday weekend.On the corporate front, companies like Bajaj Electricals, BHEL, BPCL, Coal India, City Union Bank, Educomp, Escorts, Jindal Saw, Jaiprakash Associates, L&T, Max India, MMTC, NHPC, NTPC, Oil India, Sadbhav Engineering among others are scheduled to report their results for the quarter ended March 31 later today. Muted trends in the SGX Nifty Index Futures for June delivery, which were trading at 9580.50, up by 5.50 points or 0.06 per cent, at 10:34 AM Singapore time, signalled a flat to marginally higher opening for the domestic bourses.
On Friday, the Indian equities continued gaining streak for the second day, with benchmarks Sensex and Nifty closing at record high in a broad-based rally, as investors gave thumbs-up to Narendra Modi-led NDA government's three years in office. Adding to it, reports of increase in pre-monsoon showers across the India, which gives a glimpse of the arrival of monsoon 2017 sooner-than-later, also gave a lift to market sentiment. The 30-share barometer SENSEX closed at a new high of 31028.21, up by 278.18 points or by 0.9 per cent, and then NSE Nifty settled at 9595.1, up by 85.35 points or by 0.9 per cent. Top traded Volumes on NSE Nifty – ITC Ltd. 21742467.00, ICICI Bank Ltd. 19396445.00, Vedanta Ltd. 18369278.00, Hindalco Industries Ltd. 17803837.00, Tata Steel Ltd. 16240203.00, On NSE, total number of shares traded was 139.00 Crore and total turnover stood at Rs. 26556.86 Crore.
On NSE Future and Options, total number of contracts traded in index futures was 202818 with a total turnover of Rs. 16075.36 Crore. Along with this total number of contracts traded in stock futures were 768678 with a total turnover of Rs. 53836.08 Crore. Total numbers of contracts for index options were 3193482 with a total turnover of Rs. 260144.11 Crore. and total numbers of contracts for stock options were 425935 with a total turnover of Rs. 30919.32 Crore. The FIIs on 26/05/2017 stood as net buyer in equity and debt. Gross equity purchased stood at Rs. 9181.50 Crore and gross debt purchased stood at Rs. 429.86 Crore, while the gross equity sold stood at Rs. 8392.30 Crore and gross debt sold stood at Rs. 636.57 Crore. Therefore, the net investment of equity and debt reported were Rs. 789.20 Crore and Rs. -206.71
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