Pre Session: Gap up opening seen for Sensex, Nifty; IndusInd Bank Q1 eyed
11/07/2017
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
Indian equities are likely to start week on positive note on Tuesday, tracking firm cues from Nifty futures on the Singapore Stock Exchange and mixed trading across Asian markets. The Asian stocks were trading mixed after Wall Street ended higher in overnight trade, helped by gains in gains in technology stocks which compensated losses in consumer staples and healthcare. Back home, bullish trend in the SGX Nifty Index Futures for July delivery, which were trading at 9,801.00, up by 28 points or 0.29 per cent, at 10:54 AM Singapore time, also signaled a positive opening for local bourses. The finance ministry has asked capital market regulator Sebi to investigate technical glitch at the National Stock Exchange (NSE), the country’s biggest stock exchange, which stopped trading for three hours on Monday in the cash and derivatives segments. On the sectoral front, sugar stocks will see some movement after government hiked import duty on sugar prices. Investors will also keep an eye on progress of monsoon and beginning of the June quarter corporate earnings today with private sector lender IndusInd Bank set to release its first quarter earnings. Among others, Amtek Auto and South Indian Bank will also announce their financial results for the quarter ended June 30, 2017.
The Indian equities kicked-off week on robust note, with benchmarks Sensex and Nifty hitting all-time intra-day high led by gains in technology and banks stocks, tracking firm cues from Asian peers. The foreign and domestic investors widened bet on Indian equities amid optimism over June quarter corporate earnings and good monsoon rainfall. Index heavyweight, TCS rose 4.6 per cent ahead of June quarter financial earnings on July 13. On the sectoral front, all the indices ended in positive terrain, barring FMCG, while Teck and IT index emerged as top gainers, rising as much as 2.95 per cent and 2.92 per cent respectively. The 30-share barometer SENSEX closed at 31715.64, up by 355.01 points or by 1.13 per cent, and the NSE Nifty ended at 9771.05, up by 105.25 points or by 1.09 per cent.
Top traded Volumes on NSE Nifty were Bank of Baroda 6073542.00, Hindalco Industries Ltd. 3395722.00, State Bank of India 2171603.00, Bharti Airtel Ltd. 1901518.00, Power Grid Corporation of India Ltd. 1601141.00.
On NSE, total number of shares traded was 38.96 Crore and total turnover stood at Rs. 6255.99 Crore.
On NSE Future and Options, total number of contracts traded in index futures was 163196 with a total turnover of Rs. 13017.85 Crore. Along with this total number of contracts traded in stock futures were 422875 with a total turnover of Rs. 29712.49 Crore. Total numbers of contracts for index options were 3270250 with a total turnover of Rs. 271227.40 Crore and total numbers of contracts for stock options were 271256 with a total turnover of Rs. 19440.17 Crore.
As on July 10, 2017, the FIIs turned net buyer in debt segment but turned net seller in equity segment. Gross equity purchased stood at Rs. 3717.12 Crore and gross debt purchased stood at Rs. 1603.15 Crore, while the gross equity sold stood at Rs. 4136.98 Crore and gross debt sold stood at Rs. 1130.23 Crore. Therefore, the net investment of equity and debt reported were Rs. -419.86 Crore and Rs. 472.92.
11/07/2017
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
Indian equities are likely to start week on positive note on Tuesday, tracking firm cues from Nifty futures on the Singapore Stock Exchange and mixed trading across Asian markets. The Asian stocks were trading mixed after Wall Street ended higher in overnight trade, helped by gains in gains in technology stocks which compensated losses in consumer staples and healthcare. Back home, bullish trend in the SGX Nifty Index Futures for July delivery, which were trading at 9,801.00, up by 28 points or 0.29 per cent, at 10:54 AM Singapore time, also signaled a positive opening for local bourses. The finance ministry has asked capital market regulator Sebi to investigate technical glitch at the National Stock Exchange (NSE), the country’s biggest stock exchange, which stopped trading for three hours on Monday in the cash and derivatives segments. On the sectoral front, sugar stocks will see some movement after government hiked import duty on sugar prices. Investors will also keep an eye on progress of monsoon and beginning of the June quarter corporate earnings today with private sector lender IndusInd Bank set to release its first quarter earnings. Among others, Amtek Auto and South Indian Bank will also announce their financial results for the quarter ended June 30, 2017.
The Indian equities kicked-off week on robust note, with benchmarks Sensex and Nifty hitting all-time intra-day high led by gains in technology and banks stocks, tracking firm cues from Asian peers. The foreign and domestic investors widened bet on Indian equities amid optimism over June quarter corporate earnings and good monsoon rainfall. Index heavyweight, TCS rose 4.6 per cent ahead of June quarter financial earnings on July 13. On the sectoral front, all the indices ended in positive terrain, barring FMCG, while Teck and IT index emerged as top gainers, rising as much as 2.95 per cent and 2.92 per cent respectively. The 30-share barometer SENSEX closed at 31715.64, up by 355.01 points or by 1.13 per cent, and the NSE Nifty ended at 9771.05, up by 105.25 points or by 1.09 per cent.
Top traded Volumes on NSE Nifty were Bank of Baroda 6073542.00, Hindalco Industries Ltd. 3395722.00, State Bank of India 2171603.00, Bharti Airtel Ltd. 1901518.00, Power Grid Corporation of India Ltd. 1601141.00.
On NSE, total number of shares traded was 38.96 Crore and total turnover stood at Rs. 6255.99 Crore.
On NSE Future and Options, total number of contracts traded in index futures was 163196 with a total turnover of Rs. 13017.85 Crore. Along with this total number of contracts traded in stock futures were 422875 with a total turnover of Rs. 29712.49 Crore. Total numbers of contracts for index options were 3270250 with a total turnover of Rs. 271227.40 Crore and total numbers of contracts for stock options were 271256 with a total turnover of Rs. 19440.17 Crore.
As on July 10, 2017, the FIIs turned net buyer in debt segment but turned net seller in equity segment. Gross equity purchased stood at Rs. 3717.12 Crore and gross debt purchased stood at Rs. 1603.15 Crore, while the gross equity sold stood at Rs. 4136.98 Crore and gross debt sold stood at Rs. 1130.23 Crore. Therefore, the net investment of equity and debt reported were Rs. -419.86 Crore and Rs. 472.92.
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
