Pre Session: Markets may open lower in early trade 27/03/2017 08:08

Pre Session: Markets may open lower in early trade
27/03/2017 08:08
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

The Indian benchmarks are set to open lower on Tuesday amid weak global cues from its Asian peers.

The Asian markets have opened mostly lower, while Wall Street closed mixed on Friday after US President Donald Trump suffered a legislative defeat last Friday when Republican leaders pulled a bill to overhaul the US health care system.

Muted trend in the SGX Nifty Index Futures for March delivery, which were trading at 9106.00, down by 5.50 points or 0.06 per cent, at 10:32 AM Singapore time, signalled a flat to lower opening for the domestic bourses.

On the corporate front, RIL will be in focus today as the Securities and Exchange Board of India (Sebi) banned Reliance Industries Ltd (RIL) from accessing the equity derivatives market for a year, and directed the company to disgorge the profits made by violating the rules on unfair trade practices when it sold a stake in its erstwhile unit Reliance Petroleum Ltd (RPL).

On Friday, the Indian equity benchmarks ended higher led by banking stocks as investors turned optimistic after Finance Minister Arun Jaitley promised a solution to the growing NPA problem within next few days. The 30-share barometer index of Bombay Stock Exchange, Sensex closed trade at 29,421.4 up by 89.24 points or 0.3 per cent, while the NSE Nifty ended at 9,108 up by 21.7 points or 0.24 per cent.

Top traded Volumes on NSE Nifty – Idea Cellular Ltd. 28337309.00, Bank of Baroda 23265545.00, State Bank of India 20133467.00, ICICI Bank Ltd. 17479368.00, Hindalco Industries Ltd. 11748143.00, On NSE, total number of shares traded was 130.99 Crore and total turnover stood at Rs. 26738.53 Crore. On NSE Future and Options, total number of contracts traded in index futures was 0 with a total turnover of Rs. 0.00 Crore. Along with this total number of contracts traded in stock futures were 0 with a total turnover of Rs. 0.00 Crore. Total numbers of contracts for index options were 3880268 with a total turnover of Rs. 291169.72 Crore. and total numbers of contracts for stock options were 441408 with a total turnover of Rs. 33473.92 Crore. The FIIs on 24/03/2017 stood as net buyer in equity and debt. Gross equity purchased stood at Rs. 5976.95 Crore and gross debt purchased stood at Rs. 408.55 Crore, while the gross equity sold stood at Rs. 4880.08 Crore and gross debt sold stood at Rs. 946.11 Crore. Therefore, the net investment of equity and debt reported were Rs. 1096.87 Crore and Rs. -537.56 crore.
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040