Pre-Session- Flattish opening seen for Sensex amid Asia weakness
24/10/2016 08:15
Indian equity benchmarks are likely to open little changed, with a positive bias on Monday tracking a soft trend across markets in Asia as traders stuck to a cautious approach amidst a busy week for earnings results across the US, Japan and China, which will offer cues over the health of the global economy. The SGX Nifty Index Futures for October delivery were trading at 8,707.5, up by 5 points or 0.06 per cent at 10:16 AM Singapore time, signaling that the Sensex may witness a slight gap up opening today. This week, shares of Adani Power, Axis Bank, Idea Cellular, Reliance Capital, Asian Paints, Bharti Airtel, Dr Reddy's, HDFC Bank, HDFC, Hero MotoCorp, HUL, ITC, IOC, Maruti Suzuki India and ONGC will be in focus as the companies unveil their September quarter earnings. Wipro may witness some selling pressure after the IT services player on Friday in after-market hours reported a 0.9 per cent growth in consolidated profit at Rs 2,070.4 in Q2 FY 2016-17 from the prior quarter with is guidance from IT services revenue in USD for the next quarter falling short of analysts’ estimates. Volatility may remain high at the domestic bourses as traders roll over their positions ahead of Thursday’s October Futures & Options (F&O) expiry. Foreign investment trend, movement of the rupee and oil prices will also dictate sentiment at Dalal Street this week. The 30-share Sensex last week rose 403.58 points, or 1.45 per cent to end at 28,077.18 amid optimism over GST.
Most Asian stocks fell as developers and banks declined while investors booked profits after bourses notched up their best weekly performance in a month. Shanghai Composite rose, Hang Seng fell and Nikkei 225 was trading tad lower after Japan’s exports fell for the 12th straight month in September. US stocks fell on Friday amid concerns that a stronger dollar may hit corporate earnings but a flurry of deal activity bolstered consumer stocks.
Top traded Volumes on NSE Nifty – ICICI Bank Ltd. 23966252.00, ITC Ltd. 10592011.00, Reliance Industries Ltd. 9968242.00, Idea Cellular Ltd. 9529045.00 and State Bank of India 8833390.00.
On BSE, total number of shares traded was 34.98 Crore and total turnover stood at Rs. 3200.73 Crore.
On NSE Future and Options, total number of contracts traded in index futures was 184030 with a total turnover of Rs. 12828.83 Crore. Along with this total number of contracts traded in stock futures were 619205 with a total turnover of Rs. 44725.74 Crore. Total numbers of contracts for index options were 3380637 with a total turnover of Rs. 234274.34 Crore. and total numbers of contracts for stock options were 464733 with a total turnover of Rs. 33655.63 Crore.
The FIIs on 21/10/2016 stood as net buyer in equity and debt. Gross equity purchased stood at Rs. 3121.81 Crore and gross debt purchased stood at Rs. 2235.64 Crore, while the gross equity sold stood at Rs. 2780.64 Crore and gross debt sold stood at Rs. 1270.18 Crore. Therefore, the net investment of equity and debt reported were Rs. 341.17 Crore and Rs. 965.46 Crore.
24/10/2016 08:15
Indian equity benchmarks are likely to open little changed, with a positive bias on Monday tracking a soft trend across markets in Asia as traders stuck to a cautious approach amidst a busy week for earnings results across the US, Japan and China, which will offer cues over the health of the global economy. The SGX Nifty Index Futures for October delivery were trading at 8,707.5, up by 5 points or 0.06 per cent at 10:16 AM Singapore time, signaling that the Sensex may witness a slight gap up opening today. This week, shares of Adani Power, Axis Bank, Idea Cellular, Reliance Capital, Asian Paints, Bharti Airtel, Dr Reddy's, HDFC Bank, HDFC, Hero MotoCorp, HUL, ITC, IOC, Maruti Suzuki India and ONGC will be in focus as the companies unveil their September quarter earnings. Wipro may witness some selling pressure after the IT services player on Friday in after-market hours reported a 0.9 per cent growth in consolidated profit at Rs 2,070.4 in Q2 FY 2016-17 from the prior quarter with is guidance from IT services revenue in USD for the next quarter falling short of analysts’ estimates. Volatility may remain high at the domestic bourses as traders roll over their positions ahead of Thursday’s October Futures & Options (F&O) expiry. Foreign investment trend, movement of the rupee and oil prices will also dictate sentiment at Dalal Street this week. The 30-share Sensex last week rose 403.58 points, or 1.45 per cent to end at 28,077.18 amid optimism over GST.
Most Asian stocks fell as developers and banks declined while investors booked profits after bourses notched up their best weekly performance in a month. Shanghai Composite rose, Hang Seng fell and Nikkei 225 was trading tad lower after Japan’s exports fell for the 12th straight month in September. US stocks fell on Friday amid concerns that a stronger dollar may hit corporate earnings but a flurry of deal activity bolstered consumer stocks.
Top traded Volumes on NSE Nifty – ICICI Bank Ltd. 23966252.00, ITC Ltd. 10592011.00, Reliance Industries Ltd. 9968242.00, Idea Cellular Ltd. 9529045.00 and State Bank of India 8833390.00.
On BSE, total number of shares traded was 34.98 Crore and total turnover stood at Rs. 3200.73 Crore.
On NSE Future and Options, total number of contracts traded in index futures was 184030 with a total turnover of Rs. 12828.83 Crore. Along with this total number of contracts traded in stock futures were 619205 with a total turnover of Rs. 44725.74 Crore. Total numbers of contracts for index options were 3380637 with a total turnover of Rs. 234274.34 Crore. and total numbers of contracts for stock options were 464733 with a total turnover of Rs. 33655.63 Crore.
The FIIs on 21/10/2016 stood as net buyer in equity and debt. Gross equity purchased stood at Rs. 3121.81 Crore and gross debt purchased stood at Rs. 2235.64 Crore, while the gross equity sold stood at Rs. 2780.64 Crore and gross debt sold stood at Rs. 1270.18 Crore. Therefore, the net investment of equity and debt reported were Rs. 341.17 Crore and Rs. 965.46 Crore.
