Pre Session: Markets may open flat in early trade
02/08/2017
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
The Indian benchmarks are set to open flat on Wednesday as the market is awaiting triggers from the outcome of the Reserve Bank of India’s policy outcome due today.
The Asian markets have opened higher with Japan's Nikkei 225 up 0.44 percent, Hang Seng rose 0.5 percent and South Korea's Kospi up 0.20 percent, while the Wall Street closed higher in the previous trading session powered by Goldman Sachs, JPMorgan Chase and other banks.
On the economy front, the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) will announce the outcome of its meeting on August 2. Experts are largely anticipating an interest rate cut due to falling consumer price inflation.
The government will sell 3.70 crore equity shares in Hindustan Copper at a floor price of Rs 64.75 apiece through a two-day offer-for-sale (OFS) beginning Wednesday, with an option to issue a similar number of shares in case of over subscription.
Around 48 companies are scheduled to report their results for the quarter ended June 30 later today which include names like Bata India, Capital First, Godrej Properties, Lupin, Reliance Infrastructure, UCO Bank, Voltas, VST Industries, and Wockhardt.
Muted trends in the SGX Nifty Index Futures for August delivery, which were trading at 10141.50, down by 15.50 points or 0.15 per cent, at 10:32 AM Singapore time, signalled a flat to lower opening for the domestic bourses.
On Tuesday, the Indian equities continued gaining momentum, with benchmarks Sensex and Nifty hitting fresh record high, helped by sustained buying by foreign investors amid rising hopes that the Reserve Bank of India may cut interest rate in policy review meeting due today.
The 30-share barometer SENSEX closed at 32575.17, up by 60.23 points or by 0.19 per cent, and the NSE Nifty ended at 10114.65, up by 37.55 points or by 0.37 points.
Top traded Volumes on NSE Nifty – State Bank of India 14888804.00, ITC Ltd. 13542016.00, Mahindra & Mahindra Ltd. 12617014.00, Hindalco Industries Ltd. 10837725.00, ICICI Bank Ltd. 10722862.00,
On NSE, total number of shares traded was 114.57 Crore and total turnover stood at Rs. 25776.09 Crore. On NSE Future and Options, total number of contracts traded in index futures was 116950 with a total turnover of Rs. 10224.35 Crore. Along with this total number of contracts traded in stock futures were 630956 with a total turnover of Rs. 47694.40 Crore. Total numbers of contracts for index options were 2800215 with a total turnover of Rs. 254339.19 Crore. and total numbers of contracts for stock options were 369080 with a total turnover of Rs. 29021.59 Crore. The FIIs on 01/08/2017 stood as net buyer in equity and debt. Gross equity purchased stood at Rs. 5467.30 Crore and gross debt purchased stood at Rs. 1081.20 Crore, while the gross equity sold stood at Rs. 6685.14 Crore and gross debt sold stood at Rs. 615.12 Crore. Therefore, the net investment of equity and debt reported were Rs. -1217.84 Crore and Rs. 466.08.
02/08/2017
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
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Free Commodity Tips : Join our Whatsapp No : 9094047040
The Indian benchmarks are set to open flat on Wednesday as the market is awaiting triggers from the outcome of the Reserve Bank of India’s policy outcome due today.
The Asian markets have opened higher with Japan's Nikkei 225 up 0.44 percent, Hang Seng rose 0.5 percent and South Korea's Kospi up 0.20 percent, while the Wall Street closed higher in the previous trading session powered by Goldman Sachs, JPMorgan Chase and other banks.
On the economy front, the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) will announce the outcome of its meeting on August 2. Experts are largely anticipating an interest rate cut due to falling consumer price inflation.
The government will sell 3.70 crore equity shares in Hindustan Copper at a floor price of Rs 64.75 apiece through a two-day offer-for-sale (OFS) beginning Wednesday, with an option to issue a similar number of shares in case of over subscription.
Around 48 companies are scheduled to report their results for the quarter ended June 30 later today which include names like Bata India, Capital First, Godrej Properties, Lupin, Reliance Infrastructure, UCO Bank, Voltas, VST Industries, and Wockhardt.
Muted trends in the SGX Nifty Index Futures for August delivery, which were trading at 10141.50, down by 15.50 points or 0.15 per cent, at 10:32 AM Singapore time, signalled a flat to lower opening for the domestic bourses.
On Tuesday, the Indian equities continued gaining momentum, with benchmarks Sensex and Nifty hitting fresh record high, helped by sustained buying by foreign investors amid rising hopes that the Reserve Bank of India may cut interest rate in policy review meeting due today.
The 30-share barometer SENSEX closed at 32575.17, up by 60.23 points or by 0.19 per cent, and the NSE Nifty ended at 10114.65, up by 37.55 points or by 0.37 points.
Top traded Volumes on NSE Nifty – State Bank of India 14888804.00, ITC Ltd. 13542016.00, Mahindra & Mahindra Ltd. 12617014.00, Hindalco Industries Ltd. 10837725.00, ICICI Bank Ltd. 10722862.00,
On NSE, total number of shares traded was 114.57 Crore and total turnover stood at Rs. 25776.09 Crore. On NSE Future and Options, total number of contracts traded in index futures was 116950 with a total turnover of Rs. 10224.35 Crore. Along with this total number of contracts traded in stock futures were 630956 with a total turnover of Rs. 47694.40 Crore. Total numbers of contracts for index options were 2800215 with a total turnover of Rs. 254339.19 Crore. and total numbers of contracts for stock options were 369080 with a total turnover of Rs. 29021.59 Crore. The FIIs on 01/08/2017 stood as net buyer in equity and debt. Gross equity purchased stood at Rs. 5467.30 Crore and gross debt purchased stood at Rs. 1081.20 Crore, while the gross equity sold stood at Rs. 6685.14 Crore and gross debt sold stood at Rs. 615.12 Crore. Therefore, the net investment of equity and debt reported were Rs. -1217.84 Crore and Rs. 466.08.
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
