Pre Session: Sensex, Nifty seen opening flat on mixed global cues; Tata group stocks in focus
12/07/2017
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
Indian equities are likely to open flat with positive bias on Wednesday, tracking muted cues from Nifty futures on the Singapore Stock Exchange and bearish trading across Asian markets. The Asian stocks were trading mostly lower as traders digested the release of a series of emails from the eldest son of President Donald Trump for his father’s 2016 election campaign, Reuters reported. In the overnight trade, Wall Street ended mostly higher in choppy trade as investor sentiment was spooked by release of Trump Jr.'s emails which raised concerns that Russia might have meddled in the 2016 US election. Back home, bullish trend in the SGX Nifty Index Futures for July delivery, which were trading at 9,805.00, up by 11 points or 0.11 per cent, at 10:50 AM Singapore time, also signaled a flat to positive opening for local bourses. Investors will react to earnings report of private-sector lender, IndusInd Bank, which reported a 26.5 per cent year-on-year growth in its net profit at Rs 836.55 crore for the June quarter, buoyed by higher net interest and other income. Tata Steel will remain in focus after its UK unit has signed a definitive sale agreement to sell two of its pipe mills in Hartlepool to Liberty House Group. Tata group stocks will also see some movement after media report suggested that Tata Global Beverages has decided to sell its stake in various Tata group listed companies to its parent, Tata Sons, in the next few months.
On Tuesday, the Indian equities ended tad higher, with benchmarks Sensex and Nifty scaling fresh lifetime high led by gains in IT, auto and technology stocks, tracking firm cues from Asian peers. The foreign and domestic investors continued to bet on Indian equities amid optimism over June quarter corporate earnings and good monsoon rainfall. On the sectoral front, IT and Teck stocks extended rally for the second day ahead of the beginning of June quarter earnings seasons this week. IT bellwether TCS will release Q1 results on July 13, 2017, while Infosys will declare its April-June quarter results on July 14, 2017. Among others, sugar stocks hogged the limelight after government hiked import duty on sugar prices. The 30-share barometer SENSEX closed at 31747.09, up by 31.45 points or by 0.1 per cent, and the NSE Nifty ended at 9786.05, up by 15 points or by 0.15 per cent.
Top traded Volumes on NSE Nifty were Hindalco Industries Ltd. 15115931.00, State Bank of India 12400820.00, Tata Motors Ltd. 12069006.00, Vedanta Ltd. 11493844.00, ICICI Bank Ltd. 10893055.00.
On NSE, total number of shares traded was 144.86 Crore and total turnover stood at Rs. 26457.91 Crore.
On NSE Future and Options, total number of contracts traded in index futures was 158461 with a total turnover of Rs. 12934.96 Crore. Along with this total number of contracts traded in stock futures were 660591 with a total turnover of Rs. 47600.66 Crore. Total numbers of contracts for index options were 4422527 with a total turnover of Rs. 376078.02 Crore and total numbers of contracts for stock options were 434397 with a total turnover of Rs. 32110.49 Crore.
As on July 11, 2017, the FIIs turned net buyer in both debt and equity segment. Gross equity purchased stood at Rs. 2301.25 Crore and gross debt purchased stood at Rs. 2059.26 Crore, while the gross equity sold stood at Rs. 2139.30 Crore and gross debt sold stood at Rs. 955.86 Crore. Therefore, the net investment of equity and debt reported were Rs. 161.95 Crore and Rs. 1103.40.
12/07/2017
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
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Indian equities are likely to open flat with positive bias on Wednesday, tracking muted cues from Nifty futures on the Singapore Stock Exchange and bearish trading across Asian markets. The Asian stocks were trading mostly lower as traders digested the release of a series of emails from the eldest son of President Donald Trump for his father’s 2016 election campaign, Reuters reported. In the overnight trade, Wall Street ended mostly higher in choppy trade as investor sentiment was spooked by release of Trump Jr.'s emails which raised concerns that Russia might have meddled in the 2016 US election. Back home, bullish trend in the SGX Nifty Index Futures for July delivery, which were trading at 9,805.00, up by 11 points or 0.11 per cent, at 10:50 AM Singapore time, also signaled a flat to positive opening for local bourses. Investors will react to earnings report of private-sector lender, IndusInd Bank, which reported a 26.5 per cent year-on-year growth in its net profit at Rs 836.55 crore for the June quarter, buoyed by higher net interest and other income. Tata Steel will remain in focus after its UK unit has signed a definitive sale agreement to sell two of its pipe mills in Hartlepool to Liberty House Group. Tata group stocks will also see some movement after media report suggested that Tata Global Beverages has decided to sell its stake in various Tata group listed companies to its parent, Tata Sons, in the next few months.
On Tuesday, the Indian equities ended tad higher, with benchmarks Sensex and Nifty scaling fresh lifetime high led by gains in IT, auto and technology stocks, tracking firm cues from Asian peers. The foreign and domestic investors continued to bet on Indian equities amid optimism over June quarter corporate earnings and good monsoon rainfall. On the sectoral front, IT and Teck stocks extended rally for the second day ahead of the beginning of June quarter earnings seasons this week. IT bellwether TCS will release Q1 results on July 13, 2017, while Infosys will declare its April-June quarter results on July 14, 2017. Among others, sugar stocks hogged the limelight after government hiked import duty on sugar prices. The 30-share barometer SENSEX closed at 31747.09, up by 31.45 points or by 0.1 per cent, and the NSE Nifty ended at 9786.05, up by 15 points or by 0.15 per cent.
Top traded Volumes on NSE Nifty were Hindalco Industries Ltd. 15115931.00, State Bank of India 12400820.00, Tata Motors Ltd. 12069006.00, Vedanta Ltd. 11493844.00, ICICI Bank Ltd. 10893055.00.
On NSE, total number of shares traded was 144.86 Crore and total turnover stood at Rs. 26457.91 Crore.
On NSE Future and Options, total number of contracts traded in index futures was 158461 with a total turnover of Rs. 12934.96 Crore. Along with this total number of contracts traded in stock futures were 660591 with a total turnover of Rs. 47600.66 Crore. Total numbers of contracts for index options were 4422527 with a total turnover of Rs. 376078.02 Crore and total numbers of contracts for stock options were 434397 with a total turnover of Rs. 32110.49 Crore.
As on July 11, 2017, the FIIs turned net buyer in both debt and equity segment. Gross equity purchased stood at Rs. 2301.25 Crore and gross debt purchased stood at Rs. 2059.26 Crore, while the gross equity sold stood at Rs. 2139.30 Crore and gross debt sold stood at Rs. 955.86 Crore. Therefore, the net investment of equity and debt reported were Rs. 161.95 Crore and Rs. 1103.40.
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Free Commodity Tips : Join our Whatsapp No : 9094047040
