Pre Session: Sensex, Nifty seen opening flat on mixed global cues
04/07/2017
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
Indian equities are likely to open on soft note on Tuesday, tracking muted cues from Nifty futures on the Singapore Stock Exchange and lackluster trading across Asian markets. Asian stocks were trading mixed as investor weighed fresh missile launch by North Korea, while caution prevailed ahead of Reserve Bank of Australia policy statement due later today. In the overnight trade, Wall Street ended higher on better-than-expected ISM manufacturing activity data. The US markets will be closed on Tuesday for Independence Day. Back home, muted trend in the SGX Nifty Index Futures for July delivery, which were trading at 9,622.50, down by 1.50 points or 0.02 per cent, at 10:48 AM Singapore time, also signaled a flat opening for local bourses. On the economy front, investors will react to weaker-than-expected manufacturing output as India’s manufacturing activity slipped to a four-month low in June. On the corporate front, Hero MotoCorp will remain in focus after auto major decided to stop paying royalty payments to its former joint venture partner Honda with effective from July 1. Aditya Birla Capital will also see some movement as the company sold a 2.2 per cent stake to PremjiInvest, the family investment arm of Wipro chairman Azim Premji, for around Rs 703 crore.
The Indian equities signed off on robust note on the first trading session under GST regime, thanks to stellar performance by FMCG, metal and realty indices, as investors gave thumbs-up to the successful implementation of the long pending new tax regime, with effective from July 1 midnight. All the thirteen sectoral indices ended in positive terrain, with FMCG and metal stocks rising as much as 3.4 per cent and 1.85 per cent respectively. The 30-share barometer SENSEX closed at 31221.62, up by 300.01 points or by 0.97 per cent, and the NSE Nifty ended at 9615, up by 94.1 points or by 0.99 per cent.
Top traded Volumes on NSE Nifty were ITC Ltd. 47079622.00, Hindalco Industries Ltd. 13851222.00, Vedanta Ltd. 11490918.00, State Bank of India 8951033.00, Bank of Baroda 8862686.00.
On NSE, total number of shares traded was 122.71 Crore and total turnover stood at Rs. 21682.77 Crore.
On NSE Future and Options, total number of contracts traded in index futures was 204317 with a total turnover of Rs. 16087.07 Crore. Along with this total number of contracts traded in stock futures were 557238 with a total turnover of Rs. 40675.63 Crore. Total numbers of contracts for index options were 3638623 with a total turnover of Rs. 302952.76 Crore and total numbers of contracts for stock options were 290677 with a total turnover of Rs. 22132.83 Crore.
As on July 03, 2017, the FIIs turned net buyer in both debt and equity segment. Gross equity purchased stood at Rs. 5833.55 Crore and gross debt purchased stood at Rs. 1463.01 Crore, while the gross equity sold stood at Rs. 4378.89 Crore and gross debt sold stood at Rs. 765.03 Crore. Therefore, the net investment of equity and debt reported were Rs. 1454.66 Crore and Rs. 697.98.
04/07/2017
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
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Indian equities are likely to open on soft note on Tuesday, tracking muted cues from Nifty futures on the Singapore Stock Exchange and lackluster trading across Asian markets. Asian stocks were trading mixed as investor weighed fresh missile launch by North Korea, while caution prevailed ahead of Reserve Bank of Australia policy statement due later today. In the overnight trade, Wall Street ended higher on better-than-expected ISM manufacturing activity data. The US markets will be closed on Tuesday for Independence Day. Back home, muted trend in the SGX Nifty Index Futures for July delivery, which were trading at 9,622.50, down by 1.50 points or 0.02 per cent, at 10:48 AM Singapore time, also signaled a flat opening for local bourses. On the economy front, investors will react to weaker-than-expected manufacturing output as India’s manufacturing activity slipped to a four-month low in June. On the corporate front, Hero MotoCorp will remain in focus after auto major decided to stop paying royalty payments to its former joint venture partner Honda with effective from July 1. Aditya Birla Capital will also see some movement as the company sold a 2.2 per cent stake to PremjiInvest, the family investment arm of Wipro chairman Azim Premji, for around Rs 703 crore.
The Indian equities signed off on robust note on the first trading session under GST regime, thanks to stellar performance by FMCG, metal and realty indices, as investors gave thumbs-up to the successful implementation of the long pending new tax regime, with effective from July 1 midnight. All the thirteen sectoral indices ended in positive terrain, with FMCG and metal stocks rising as much as 3.4 per cent and 1.85 per cent respectively. The 30-share barometer SENSEX closed at 31221.62, up by 300.01 points or by 0.97 per cent, and the NSE Nifty ended at 9615, up by 94.1 points or by 0.99 per cent.
Top traded Volumes on NSE Nifty were ITC Ltd. 47079622.00, Hindalco Industries Ltd. 13851222.00, Vedanta Ltd. 11490918.00, State Bank of India 8951033.00, Bank of Baroda 8862686.00.
On NSE, total number of shares traded was 122.71 Crore and total turnover stood at Rs. 21682.77 Crore.
On NSE Future and Options, total number of contracts traded in index futures was 204317 with a total turnover of Rs. 16087.07 Crore. Along with this total number of contracts traded in stock futures were 557238 with a total turnover of Rs. 40675.63 Crore. Total numbers of contracts for index options were 3638623 with a total turnover of Rs. 302952.76 Crore and total numbers of contracts for stock options were 290677 with a total turnover of Rs. 22132.83 Crore.
As on July 03, 2017, the FIIs turned net buyer in both debt and equity segment. Gross equity purchased stood at Rs. 5833.55 Crore and gross debt purchased stood at Rs. 1463.01 Crore, while the gross equity sold stood at Rs. 4378.89 Crore and gross debt sold stood at Rs. 765.03 Crore. Therefore, the net investment of equity and debt reported were Rs. 1454.66 Crore and Rs. 697.98.
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