Pre Session: Muted opening on the cards for D-Street, global cues weigh
05/10/2016 08:23
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Indian equity benchmarks are likely to open on subdued note on Wednesday amid renewed concerns about the UK's exit from the European Union and US Fed increasing interest rate later this year. However, interest rate cut by the Reserve Bank and World Bank optimism about recovering Indian economy may shrug off global concerns. Slim gains in the SGX Nifty Index Futures for October delivery which were trading at 8,797.50, up by 3.50 points at 10:38 AM Singapore time, signal that the Sensex may open flat today.
On Tuesday, the Indian equities ended higher after Reserve Bank of India (RBI) cut repo rate by 25 basis points to 6.25 per cent from the current 6.5 per cent. The move brought cheer to Dalal Street that has succumbed to panic and fear in recent days. The 30-share BSE SENSEX closed at 28334.55, up by 91.26 points or by 0.32 per cent, and the NSE Nifty ended at 8769.15, up by 31.05 points or by 0.36 per cent.
On the global front, most of Asian stocks were trading higher as crude oil rebounded with Japan’s Nikkei 225 rose over 0.5 per cent as a weaker yen bolstered the lure for exporter stocks, while Hang Seng traded 0.25 per cent above the baseline. China’s Shanghai Composite continued to remain closed due to a holiday. In overnight trade, Wall Street ended lower on Tuesday amid concerns about the ECB tightening liquidity and rising speculation in the market that a Federal Reserve might hike interest-rate this year.
Top traded Volumes on NSE Nifty were State Bank of India 21532806.00, Bank of Baroda 16698890.00, ICICI Bank Ltd. 14728477.00, Hindalco Industries Ltd. 13696719.00, Oil And Natural Gas Corporation Ltd. 11883343.00.
On NSE, total number of shares traded was 105.62 Crore and total turnover stood at Rs. 22142.98 Crore.
On NSE Future and Options, total number of contracts traded in index futures was 240893 with a total turnover of Rs. 17078.29 Crore. Along with this total number of contracts traded in stock futures were 576946 with a total turnover of Rs. 42729.39 Crore. Total numbers of contracts for index options were 3133416 with a total turnover of Rs. 226877.25 Crore and total numbers of contracts for stock options were 299981 with a total turnover of Rs. 22591.95 Crore.
The FIIs on 04/10/2016 stood as net buyer in equity but turned net seller in debt. Gross equity purchased stood at Rs. 3796.14 Crore and gross debt purchased stood at Rs. 2651.44 Crore, while the gross equity sold stood at Rs. 3687.36 Crore and gross debt sold stood at Rs. 3699.39 Crore. Therefore, the net investment of equity and debt reported were Rs. 108.78 Crore and Rs. -1047.95.
05/10/2016 08:23
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Indian equity benchmarks are likely to open on subdued note on Wednesday amid renewed concerns about the UK's exit from the European Union and US Fed increasing interest rate later this year. However, interest rate cut by the Reserve Bank and World Bank optimism about recovering Indian economy may shrug off global concerns. Slim gains in the SGX Nifty Index Futures for October delivery which were trading at 8,797.50, up by 3.50 points at 10:38 AM Singapore time, signal that the Sensex may open flat today.
On Tuesday, the Indian equities ended higher after Reserve Bank of India (RBI) cut repo rate by 25 basis points to 6.25 per cent from the current 6.5 per cent. The move brought cheer to Dalal Street that has succumbed to panic and fear in recent days. The 30-share BSE SENSEX closed at 28334.55, up by 91.26 points or by 0.32 per cent, and the NSE Nifty ended at 8769.15, up by 31.05 points or by 0.36 per cent.
On the global front, most of Asian stocks were trading higher as crude oil rebounded with Japan’s Nikkei 225 rose over 0.5 per cent as a weaker yen bolstered the lure for exporter stocks, while Hang Seng traded 0.25 per cent above the baseline. China’s Shanghai Composite continued to remain closed due to a holiday. In overnight trade, Wall Street ended lower on Tuesday amid concerns about the ECB tightening liquidity and rising speculation in the market that a Federal Reserve might hike interest-rate this year.
Top traded Volumes on NSE Nifty were State Bank of India 21532806.00, Bank of Baroda 16698890.00, ICICI Bank Ltd. 14728477.00, Hindalco Industries Ltd. 13696719.00, Oil And Natural Gas Corporation Ltd. 11883343.00.
On NSE, total number of shares traded was 105.62 Crore and total turnover stood at Rs. 22142.98 Crore.
On NSE Future and Options, total number of contracts traded in index futures was 240893 with a total turnover of Rs. 17078.29 Crore. Along with this total number of contracts traded in stock futures were 576946 with a total turnover of Rs. 42729.39 Crore. Total numbers of contracts for index options were 3133416 with a total turnover of Rs. 226877.25 Crore and total numbers of contracts for stock options were 299981 with a total turnover of Rs. 22591.95 Crore.
The FIIs on 04/10/2016 stood as net buyer in equity but turned net seller in debt. Gross equity purchased stood at Rs. 3796.14 Crore and gross debt purchased stood at Rs. 2651.44 Crore, while the gross equity sold stood at Rs. 3687.36 Crore and gross debt sold stood at Rs. 3699.39 Crore. Therefore, the net investment of equity and debt reported were Rs. 108.78 Crore and Rs. -1047.95.
