Pre Session: Gap down opening seen for Sensex, Nifty; ICICI Bank, ITC, Idea Cellular in focus
28/07/2017
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
Indian equities are likely to open lower on Friday, tracking bearish cues from Nifty futures on the Singapore Stock Exchange and weak trading across Asian markets. The Asian stocks were trading mostly lower after Wall Street ended lower in overnight trade, as investors awaited corporate earnings, while uncertainty over the Trump administration's policies also dented investor sentiment. In the overnight trade, US Stocks ended lower as disappointing earnings by technology companies dragged US indexes off their record highs. Back home, bearish trend in the SGX Nifty Index Futures for August delivery, which were trading at 9,998.50, down by 73.50 points or 0.74 per cent, at 11:02 AM Singapore time, also signaled a negative opening for local bourses. On the economy front, the government has raised approx Rs 535 crore by disinvesting 15 per cent stake in National Fertilizers Ltd through an offer of sale, which happens to be the third such offer by a PSU in this financial year. Investors will react to earnings report of big companies such as ICICI Bank, ITC, ONGC, Idea Cellular which reported their result after market hour on Thursday. On the earnings front, big companies like Larsen & Toubro, Escorts, India Cements, NIIT and Zuari Agro Chemicals, will announce their June quarter results today.
On Thursday, the Indian equities ended flat after hitting record high in the early trade, with the 30-share barometer SENSEX closing at 32383.3, up by 0.84 points or by 0 per cent, and the NSE Nifty settling at 10020.55, down by 0.1 points or by 0 per cent.
Top traded Volumes on NSE Nifty were ICICI Bank Ltd. 28535869.00, State Bank of India 22286060.00, ITC Ltd. 18892800.00, Bharti Airtel Ltd. 13918157.00, Tata Motors Ltd. 13738611.00.
On NSE, total number of shares traded was 21.97 Crore and total turnover stood at Rs. 40109.99 Crore.
On NSE Future and Options, total number of contracts traded in index futures was 595581 with a total turnover of Rs. 49580.56 Crore. Along with this total number of contracts traded in stock futures were 2117869 with a total turnover of Rs. 153978.82 Crore. Total numbers of contracts for index options were 13675327 with a total turnover of Rs. 1180153.59 Crore and total numbers of contracts for stock options were 899548 with a total turnover of Rs. 70370.42 Crore.
As on July 27, 2017 the FIIs turned net seller in equity segment, but turned net buyer in debt market. Gross equity purchased stood at Rs. 5456.65 Crore and gross debt purchased stood at Rs. 2769.81 Crore, while the gross equity sold stood at Rs. 5649.21 Crore and gross debt sold stood at Rs. 594.77 Crore. Therefore, the net investment of equity and debt reported were Rs. -192.56 Crore and Rs. 2175.04.
28/07/2017
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 lower on Friday, tracking bearish cues from Nifty futures on the Singapore Stock Exchange and weak trading across Asian markets. The Asian stocks were trading mostly lower after Wall Street ended lower in overnight trade, as investors awaited corporate earnings, while uncertainty over the Trump administration's policies also dented investor sentiment. In the overnight trade, US Stocks ended lower as disappointing earnings by technology companies dragged US indexes off their record highs. Back home, bearish trend in the SGX Nifty Index Futures for August delivery, which were trading at 9,998.50, down by 73.50 points or 0.74 per cent, at 11:02 AM Singapore time, also signaled a negative opening for local bourses. On the economy front, the government has raised approx Rs 535 crore by disinvesting 15 per cent stake in National Fertilizers Ltd through an offer of sale, which happens to be the third such offer by a PSU in this financial year. Investors will react to earnings report of big companies such as ICICI Bank, ITC, ONGC, Idea Cellular which reported their result after market hour on Thursday. On the earnings front, big companies like Larsen & Toubro, Escorts, India Cements, NIIT and Zuari Agro Chemicals, will announce their June quarter results today.
On Thursday, the Indian equities ended flat after hitting record high in the early trade, with the 30-share barometer SENSEX closing at 32383.3, up by 0.84 points or by 0 per cent, and the NSE Nifty settling at 10020.55, down by 0.1 points or by 0 per cent.
Top traded Volumes on NSE Nifty were ICICI Bank Ltd. 28535869.00, State Bank of India 22286060.00, ITC Ltd. 18892800.00, Bharti Airtel Ltd. 13918157.00, Tata Motors Ltd. 13738611.00.
On NSE, total number of shares traded was 21.97 Crore and total turnover stood at Rs. 40109.99 Crore.
On NSE Future and Options, total number of contracts traded in index futures was 595581 with a total turnover of Rs. 49580.56 Crore. Along with this total number of contracts traded in stock futures were 2117869 with a total turnover of Rs. 153978.82 Crore. Total numbers of contracts for index options were 13675327 with a total turnover of Rs. 1180153.59 Crore and total numbers of contracts for stock options were 899548 with a total turnover of Rs. 70370.42 Crore.
As on July 27, 2017 the FIIs turned net seller in equity segment, but turned net buyer in debt market. Gross equity purchased stood at Rs. 5456.65 Crore and gross debt purchased stood at Rs. 2769.81 Crore, while the gross equity sold stood at Rs. 5649.21 Crore and gross debt sold stood at Rs. 594.77 Crore. Therefore, the net investment of equity and debt reported were Rs. -192.56 Crore and Rs. 2175.04.
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
