Pre Session: Sensex, Nifty seen opening in green terrain; May F&O expiry eyed
25/05/2017
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
Indian equities are likely to open higher on Thursday, tracking firm cues from Nifty futures on the Singapore Stock Exchange and positive trading across Asian markets. In the overnight trade, Wall Street ended higher after Federal Reserve meeting minutes indicated a gradual approach to interest rate hikes. Back home, bullish trend in the SGX Nifty Index Futures for May delivery, which were trading 9,410.50, up by 37.50 points or 0.40 per cent, at 10:56 AM Singapore time, also signaled a positive opening for local bourses. However, reports of mounting tensions on the India-Pakistan border coupled with downgrade of China rating by Moody’s may keep investors jittery in markets. The market may see customary volatility amid expiry of May futures and options contracts due today. Telecom stocks in remain in focus as Telecom Regulatory Authority of India (Trai), in a letter to the department of telecommunications (DoT), has justified its recommending a penalty of Rs 3,050 crore on operators Airtel, Vodafone and Idea for not providing enough interconnect points to Reliance Jio. On the earnings front, Archies, Ashok Leyland, Bajaj Hindusthan Sugar, Bosch, Cipla, Concor, GSPL, Indian Oil Corporation, NMDC, Timex and Va Tech Wabag, will remain in focus as they will unveil March quarter results today.
On Wednesday, the Indian equities ended lower for the second straight session, weighed down by hefty selling across capital goods and metal stocks, tracking muted cues from Asian peers. The broader markets witnessed sharp selling with MidCap and SmlCap indices falling 1.4 per cent each. The benchmark indices opened higher today, but slipped in the negative terrain in final hour of day’s trade as investors sentiment were spooked by reports of mounting tensions on the India-Pakistan border coupled with Chinese debt rating downgrade by Moody’s. The 30-share barometer SENSEX closed at 30301.64, down by 63.61 points or by 0.21 per cent, and the NSE Nifty ended at 9360.55, down by 25.6 points or by 0.27 per cent.
Top traded Volumes on NSE Nifty were Tata Motors Ltd. 27370795.00, ICICI Bank Ltd. 18642472.00, State Bank of India 16435958.00, Bank of Baroda 11978420.00, Hindalco Industries Ltd. 11130641.00. On NSE, total number of shares traded was 140.52 Crore and total turnover stood at Rs. 27370.92 Crore.
On NSE Future and Options, total number of contracts traded in index futures was 450051 with a total turnover of Rs. 33624.88 Crore. Along with this total number of contracts traded in stock futures were 1789998 with a total turnover of Rs. 120334.91 Crore. Total numbers of contracts for index options were 8835848 with a total turnover of Rs. 675975.68 Crore and total numbers of contracts for stock options were 764353 with a total turnover of Rs. 56176.85 Crore.
As on May 24, 2017, the FIIs turned net seller in equity, but remained net buyer in debt segment. Gross equity purchased stood at Rs. 5782.50 Crore and gross debt purchased stood at Rs. 2182.63 Crore, while the gross equity sold stood at Rs. 6148.58 Crore and gross debt sold stood at Rs. 533.22 Crore. Therefore, the net investment of equity and debt reported were Rs. -366.08 Crore and Rs. 1649.41.
25/05/2017
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 open higher on Thursday, tracking firm cues from Nifty futures on the Singapore Stock Exchange and positive trading across Asian markets. In the overnight trade, Wall Street ended higher after Federal Reserve meeting minutes indicated a gradual approach to interest rate hikes. Back home, bullish trend in the SGX Nifty Index Futures for May delivery, which were trading 9,410.50, up by 37.50 points or 0.40 per cent, at 10:56 AM Singapore time, also signaled a positive opening for local bourses. However, reports of mounting tensions on the India-Pakistan border coupled with downgrade of China rating by Moody’s may keep investors jittery in markets. The market may see customary volatility amid expiry of May futures and options contracts due today. Telecom stocks in remain in focus as Telecom Regulatory Authority of India (Trai), in a letter to the department of telecommunications (DoT), has justified its recommending a penalty of Rs 3,050 crore on operators Airtel, Vodafone and Idea for not providing enough interconnect points to Reliance Jio. On the earnings front, Archies, Ashok Leyland, Bajaj Hindusthan Sugar, Bosch, Cipla, Concor, GSPL, Indian Oil Corporation, NMDC, Timex and Va Tech Wabag, will remain in focus as they will unveil March quarter results today.
On Wednesday, the Indian equities ended lower for the second straight session, weighed down by hefty selling across capital goods and metal stocks, tracking muted cues from Asian peers. The broader markets witnessed sharp selling with MidCap and SmlCap indices falling 1.4 per cent each. The benchmark indices opened higher today, but slipped in the negative terrain in final hour of day’s trade as investors sentiment were spooked by reports of mounting tensions on the India-Pakistan border coupled with Chinese debt rating downgrade by Moody’s. The 30-share barometer SENSEX closed at 30301.64, down by 63.61 points or by 0.21 per cent, and the NSE Nifty ended at 9360.55, down by 25.6 points or by 0.27 per cent.
Top traded Volumes on NSE Nifty were Tata Motors Ltd. 27370795.00, ICICI Bank Ltd. 18642472.00, State Bank of India 16435958.00, Bank of Baroda 11978420.00, Hindalco Industries Ltd. 11130641.00. On NSE, total number of shares traded was 140.52 Crore and total turnover stood at Rs. 27370.92 Crore.
On NSE Future and Options, total number of contracts traded in index futures was 450051 with a total turnover of Rs. 33624.88 Crore. Along with this total number of contracts traded in stock futures were 1789998 with a total turnover of Rs. 120334.91 Crore. Total numbers of contracts for index options were 8835848 with a total turnover of Rs. 675975.68 Crore and total numbers of contracts for stock options were 764353 with a total turnover of Rs. 56176.85 Crore.
As on May 24, 2017, the FIIs turned net seller in equity, but remained net buyer in debt segment. Gross equity purchased stood at Rs. 5782.50 Crore and gross debt purchased stood at Rs. 2182.63 Crore, while the gross equity sold stood at Rs. 6148.58 Crore and gross debt sold stood at Rs. 533.22 Crore. Therefore, the net investment of equity and debt reported were Rs. -366.08 Crore and Rs. 1649.41.
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
