Pre-market: Positive Asian cues to push Indian markets higher
30/07/2014 08:05
The BSE’s 30-share bellwether index- Sensex is likely to open in green on Wednesday tracking positive trend in most of the Asian markets. Investors may further seek optimism from positive quarterly numbers posted by two index heavyweights L&T and ITC in the last trading session. While L&T’s net profit nearly doubles to Rs 966.89 crore in April-June quarter, ITC posted over 15 per cent growth in its net profit for the quarter ended June 30, 2014.
Among the Asian markets, Hong Kong’s Hang Seng index was trading up by over 200 points at 24,844; Taiwan Index at 9,441, up by 49 points; Japan’s Nikkei 225 at 15,660, up by 42 points; and China’s Shanghai Composite was trading above 10 points at 2,193 in the morning session.
Back home, the BSE’s SENSEX closed at 25991.23, down by 135.52 points or by 0.52 per cent on Monday, while the NSE’s wide-based Nifty ended at 7748.7, down by 41.75 points or by 0.54 per cent.
On BSE, total number of shares traded was 22.84 crore and total turnover stood at Rs. 2462.88 Crore. The FIIs on 28/07/2014 stood as net buyer in equity and debt. Gross equity purchased stood at Rs. 3737.83 Crore and gross debt purchased stood at Rs. 3557.52 Crore, while the gross equity sold stood at Rs. 3616.93 Crore and gross debt sold stood at Rs. 601.83 Crore. Therefore, the net investment of equity and debt reported were Rs. 120.90 Crore and Rs. 2955.69.
30/07/2014 08:05
The BSE’s 30-share bellwether index- Sensex is likely to open in green on Wednesday tracking positive trend in most of the Asian markets. Investors may further seek optimism from positive quarterly numbers posted by two index heavyweights L&T and ITC in the last trading session. While L&T’s net profit nearly doubles to Rs 966.89 crore in April-June quarter, ITC posted over 15 per cent growth in its net profit for the quarter ended June 30, 2014.
Among the Asian markets, Hong Kong’s Hang Seng index was trading up by over 200 points at 24,844; Taiwan Index at 9,441, up by 49 points; Japan’s Nikkei 225 at 15,660, up by 42 points; and China’s Shanghai Composite was trading above 10 points at 2,193 in the morning session.
Back home, the BSE’s SENSEX closed at 25991.23, down by 135.52 points or by 0.52 per cent on Monday, while the NSE’s wide-based Nifty ended at 7748.7, down by 41.75 points or by 0.54 per cent.
On BSE, total number of shares traded was 22.84 crore and total turnover stood at Rs. 2462.88 Crore. The FIIs on 28/07/2014 stood as net buyer in equity and debt. Gross equity purchased stood at Rs. 3737.83 Crore and gross debt purchased stood at Rs. 3557.52 Crore, while the gross equity sold stood at Rs. 3616.93 Crore and gross debt sold stood at Rs. 601.83 Crore. Therefore, the net investment of equity and debt reported were Rs. 120.90 Crore and Rs. 2955.69.
