Pre-Session- Gap down opening seen for Sensex on subdued global cues
28/10/2016 08:26
Indian equity benchmarks are likely to witness a bearish opening on Friday, the first day of the November derivative contracts, tracking a mixed trend in markets across Asia and a negative finish at Wall Street overnight as increased speculation of a near-term US interest rate hike curbed risk taking appetite. Tighter monetary policy in the US may curb capital flows into emerging markets such as Asia’s third biggest economy. Losses in the SGX Nifty Index Futures for November delivery which were trading at 8,615.5, down by 34.5 points or 0.40 per cent at 10:34AM Singapore time, signal that the Sensex may have a weaker opening today. Shares of Bajaj Auto, Dish TV India, IDFC, Marico, Nestle India and NTPC will be in focus today as the companies unveil their September quarter earnings. The 30-share Sensex on Thursday rose 79.39 points or by 0.29 per cent to 27,915.9 as traders rolled over their positions amid the October futures & options (F&O) contract expiry while FMCG and healthcare stocks rallied.
Asian shares were trading on a mixed note as the latest set of US economic data bolstered the case for monetary tightening in the near-term. Shanghai Composite logged modest gains even as concerns over the Chinese economy remained as growth in industrial profits slowed in September. Hang Seng fell and Nikkei 225 climbed as a weaker yen bolstered the lure for exporter stocks. US stocks fell on Thursday as tepid corporate earnings weighed on sentiment while bets of a Fed rate hike in the coming months increased. US jobless claims fell for the first time in three weeks, down by 3,000 to 258,000, pending home sales surged 1.5 per cent in September and manufacturing output in Kansas City accelerated in October but durable goods orders fell 0.1 per cent last month.
Top traded Volumes on NSE Nifty – Idea Cellular Ltd. 19099263.00, Tata Motors Ltd. 18470182.00, ICICI Bank Ltd. 18061843.00, Axis Bank Ltd. 17198496.00 and Oil and Natural Gas Corporation Ltd. 16298838.00.
On BSE, total number of shares traded was 25.38 Crore and total turnover stood at Rs. 3264.54 Crore.
On NSE Future and Options, total number of contracts traded in index futures was 500552 with a total turnover of Rs. 34256.35 Crore. Along with this total number of contracts traded in stock futures were 1739442 with a total turnover of Rs. 120653.63 Crore. Total numbers of contracts for index options were 10838319 with a total turnover of Rs. 753142.87 Crore. and total numbers of contracts for stock options were 614496 with a total turnover of Rs. 46014.85 Crore.
The FIIs on 27/10/2016 stood as net seller in equity and debt. Gross equity purchased stood at Rs. 3904.79 Crore and gross debt purchased stood at Rs. 655.37 Crore, while the gross equity sold stood at Rs. 5417.57 Crore and gross debt sold stood at Rs. 802.50 Crore. Therefore, the net investment of equity and debt reported were Rs. -1512.78 Crore and Rs. -147.13 Crore.
28/10/2016 08:26
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Indian equity benchmarks are likely to witness a bearish opening on Friday, the first day of the November derivative contracts, tracking a mixed trend in markets across Asia and a negative finish at Wall Street overnight as increased speculation of a near-term US interest rate hike curbed risk taking appetite. Tighter monetary policy in the US may curb capital flows into emerging markets such as Asia’s third biggest economy. Losses in the SGX Nifty Index Futures for November delivery which were trading at 8,615.5, down by 34.5 points or 0.40 per cent at 10:34AM Singapore time, signal that the Sensex may have a weaker opening today. Shares of Bajaj Auto, Dish TV India, IDFC, Marico, Nestle India and NTPC will be in focus today as the companies unveil their September quarter earnings. The 30-share Sensex on Thursday rose 79.39 points or by 0.29 per cent to 27,915.9 as traders rolled over their positions amid the October futures & options (F&O) contract expiry while FMCG and healthcare stocks rallied.
Asian shares were trading on a mixed note as the latest set of US economic data bolstered the case for monetary tightening in the near-term. Shanghai Composite logged modest gains even as concerns over the Chinese economy remained as growth in industrial profits slowed in September. Hang Seng fell and Nikkei 225 climbed as a weaker yen bolstered the lure for exporter stocks. US stocks fell on Thursday as tepid corporate earnings weighed on sentiment while bets of a Fed rate hike in the coming months increased. US jobless claims fell for the first time in three weeks, down by 3,000 to 258,000, pending home sales surged 1.5 per cent in September and manufacturing output in Kansas City accelerated in October but durable goods orders fell 0.1 per cent last month.
Top traded Volumes on NSE Nifty – Idea Cellular Ltd. 19099263.00, Tata Motors Ltd. 18470182.00, ICICI Bank Ltd. 18061843.00, Axis Bank Ltd. 17198496.00 and Oil and Natural Gas Corporation Ltd. 16298838.00.
On BSE, total number of shares traded was 25.38 Crore and total turnover stood at Rs. 3264.54 Crore.
On NSE Future and Options, total number of contracts traded in index futures was 500552 with a total turnover of Rs. 34256.35 Crore. Along with this total number of contracts traded in stock futures were 1739442 with a total turnover of Rs. 120653.63 Crore. Total numbers of contracts for index options were 10838319 with a total turnover of Rs. 753142.87 Crore. and total numbers of contracts for stock options were 614496 with a total turnover of Rs. 46014.85 Crore.
The FIIs on 27/10/2016 stood as net seller in equity and debt. Gross equity purchased stood at Rs. 3904.79 Crore and gross debt purchased stood at Rs. 655.37 Crore, while the gross equity sold stood at Rs. 5417.57 Crore and gross debt sold stood at Rs. 802.50 Crore. Therefore, the net investment of equity and debt reported were Rs. -1512.78 Crore and Rs. -147.13 Crore.
