Pre Session: Sensex, Nifty seen opening higher; telecom stocks in focus
23/09/2016 08:23
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The Indian benchmarks are likely to continue gaining momentum and open higher on Friday tracking firm cues from US stocks as a sense of relief returned to the market after Federal Reserve kept key rates unchanged at its two-day policy review on Wednesday. The CNX Nifty Index Futures for September delivery which were trading at 8,890, up by 11 per cent at 10:38 AM Singapore time, signal that the Sensex may open higher today. The focus is on the telecom stocks after Vodafone Group announced investment of Rs 48,000 crore in to its Indian arm ahead of an spectrum auction starting next month.
On the global front, Asian stocks were trading flat, paring early gains, as oil retreated from a two-week high while US Fed signaled of a very gradual interest rate hikes. China’s Shanghai Composite and Hong Kong’s Hang Seng were up 0.05 per cent each, while Japan’s Nikkei 225 was down 0.12 per cent as exporter declined and the yen rose to one-month high. In the overnight trade, US stocks extended rally for the second day on Thursday after the US Federal Reserve in its policy decision announced to hold its key short-term interest rate steady.
Back home, the Indian equities ended on robust note on Thursday, led by gains in index heavyweights such as ICICI Bank, Tata Steel, SBI, Hero MotoCorp, Maruti Suzuki, HDFC, Tata Motors, GAIL, ONGC and RIL, tracking firm cues from Asian peers after US Federal Reserve kept key short-term interest rate steady. The 30-share BSE SENSEX closed at 28773.13, up by 265.71 points or by 0.93 per cent, and the NSE Nifty ended at 8867.45, up by 90.3 points or by 1.03 per cent.
The top gainers of the BSE Sensex pack were State Bank of India (Rs. 257.35,+2.39%), Hero MotoCorp Ltd. (Rs. 3538.60,+2.27%), ICICI Bank Ltd. (Rs. 275.55,+2.19%), Adani Ports & Special Economic Zone Ltd. (Rs. 275.20,+2.06%), Asian Paints Ltd. (Rs. 1192.35,+1.97%), among others.
On the sectoral front, oil&gas and bankex stocks emerged as top gainers, adding as much as 1.51 per cent and 1.49 per cent respectively.
The Market breadth, indicating the overall strength of the market, was strong. On BSE out of total shares traded 3146, shares advanced were 1794 while 1106 shares declined and 246 were unchanged. nged.
The top traded volumes on NSE Nifty were State Bank of India 20797370.00, Hindalco Industries Ltd. 16321716.00, ICICI Bank Ltd. 13532986.00, Axis Bank Ltd. 10205715.00, Aurobindo Pharma Ltd. 7694607.00.
On NSE, total number of shares traded was 101.16 Crore and total turnover stood at Rs. 21823.37 Crore.
On NSE Future and Options, total number of contracts traded in index futures was 271568 with a total turnover of Rs. 19644.51 Crore. Along with this total number of contracts traded in stock futures were 648931 with a total turnover of Rs. 46832.38 Crore. Total numbers of contracts for index options were 6265854 with a total turnover of Rs. 465646.69 Crore and total numbers of contracts for stock options were 447790 with a total turnover of Rs. 32554.72 Crore.
The FIIs on 22/09/2016 stood as net buyer in equity but turned net seller in debt segment. Gross equity purchased stood at Rs. 4538.01 Crore and gross debt purchased stood at Rs. 609.18 Crore, while the gross equity sold stood at Rs. 4029.96 Crore and gross debt sold stood at Rs. 1388.89 Crore. Therefore, the net investment of equity and debt reported were Rs. 508.05 Crore and Rs. -779.71.
23/09/2016 08:23
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On the global front, Asian stocks were trading flat, paring early gains, as oil retreated from a two-week high while US Fed signaled of a very gradual interest rate hikes. China’s Shanghai Composite and Hong Kong’s Hang Seng were up 0.05 per cent each, while Japan’s Nikkei 225 was down 0.12 per cent as exporter declined and the yen rose to one-month high. In the overnight trade, US stocks extended rally for the second day on Thursday after the US Federal Reserve in its policy decision announced to hold its key short-term interest rate steady.
Back home, the Indian equities ended on robust note on Thursday, led by gains in index heavyweights such as ICICI Bank, Tata Steel, SBI, Hero MotoCorp, Maruti Suzuki, HDFC, Tata Motors, GAIL, ONGC and RIL, tracking firm cues from Asian peers after US Federal Reserve kept key short-term interest rate steady. The 30-share BSE SENSEX closed at 28773.13, up by 265.71 points or by 0.93 per cent, and the NSE Nifty ended at 8867.45, up by 90.3 points or by 1.03 per cent.
The top gainers of the BSE Sensex pack were State Bank of India (Rs. 257.35,+2.39%), Hero MotoCorp Ltd. (Rs. 3538.60,+2.27%), ICICI Bank Ltd. (Rs. 275.55,+2.19%), Adani Ports & Special Economic Zone Ltd. (Rs. 275.20,+2.06%), Asian Paints Ltd. (Rs. 1192.35,+1.97%), among others.
On the sectoral front, oil&gas and bankex stocks emerged as top gainers, adding as much as 1.51 per cent and 1.49 per cent respectively.
The Market breadth, indicating the overall strength of the market, was strong. On BSE out of total shares traded 3146, shares advanced were 1794 while 1106 shares declined and 246 were unchanged. nged.
The top traded volumes on NSE Nifty were State Bank of India 20797370.00, Hindalco Industries Ltd. 16321716.00, ICICI Bank Ltd. 13532986.00, Axis Bank Ltd. 10205715.00, Aurobindo Pharma Ltd. 7694607.00.
On NSE, total number of shares traded was 101.16 Crore and total turnover stood at Rs. 21823.37 Crore.
On NSE Future and Options, total number of contracts traded in index futures was 271568 with a total turnover of Rs. 19644.51 Crore. Along with this total number of contracts traded in stock futures were 648931 with a total turnover of Rs. 46832.38 Crore. Total numbers of contracts for index options were 6265854 with a total turnover of Rs. 465646.69 Crore and total numbers of contracts for stock options were 447790 with a total turnover of Rs. 32554.72 Crore.
The FIIs on 22/09/2016 stood as net buyer in equity but turned net seller in debt segment. Gross equity purchased stood at Rs. 4538.01 Crore and gross debt purchased stood at Rs. 609.18 Crore, while the gross equity sold stood at Rs. 4029.96 Crore and gross debt sold stood at Rs. 1388.89 Crore. Therefore, the net investment of equity and debt reported were Rs. 508.05 Crore and Rs. -779.71.
