Pre-Session –Market set to open higher on firm global cues
22/07/2014 08:17
Tracking firm cues from Asian peers, the domestic equity market is likely to open higher on Tuesday. Even, Nifty India stock futures in Singapore were trading in positive terrain, signaling a higher opening for the domestic bourses. Further, the earnings reports, which are largely in line with market expectations are likely to drove bourses higher, say analysts. On the global front, Asian peers were trading higher with Japan's Nikkei 225 index up 1 per cent and Hong Kong's Hang Seng index was trading 0.8 per cent higher. In overnight trading, Wall Street ended lower ended lower as investors sentiment was spooked by persistent tension in Ukraine and Gaza.
On Monday, the Indian benchmark indices ended higher on Monday, continuing its gaining momentum for fifth straight day, led by gains in FMCG and oil &gas stocks. The investors bet on oil and gas stocks after country’s largest private sector enterprise Reliance Industries has once again delivered better financial results which beat analyst expectations on every parameter. The Mukesh Ambani-owned company has posted a growth of 13.74 per cent in its consolidated net profit at Rs 5,957 crore for the first quarter ended June 30, 2014, despite weak regional refining margins and a planned turnaround in our refinery.
The BSE SENSEX closed at 25685.18 up by 43.62 points or by 0.17 per cent, while the NSE Nifty ended at 7684.2 up by 20.3 points or by 0.26 per cent.
During the day’s trade, the BSE Sensex touched intraday high of 25861.15 and intraday low of 25677.71, while the NSE Nifty touched intraday high of 7722.1 and intraday low of 7674.
In a similar fashion, the broader market also ended higher. The BSE MIDCAP closed at 9299.73 up by 46.93 points or by 0.51 per cent, while the BSE SMLCAP closed at 10261.74 up by 80.9 points or by 0.79 per cent. On the Sectoral front, FMCG and oil and gas indices gained 1.13 per cent and 0.57 per cent, respectively.
The Market breadth, indicating the overall health of the market, was strong. On BSE out of total shares traded 3212, shares advanced were 1809 while 1293 shares declined and 110 were unchanged.
The top gainers of the BSE Sensex pack were Housing Development Finance Corporation Ltd. (Rs. 1006.70,+2.61%), Reliance Industries Ltd. (Rs. 996.20,+2.00%), ITC Ltd. (Rs. 349.50,+1.55%), Axis Bank Ltd. (Rs. 2018.00,+1.10%), Hindustan Unilever Ltd. (Rs. 627.25,+0.84%), among others.
On the flip side, Tata Power Company Ltd. (Rs. 103.70,-1.94%), GAIL (India) Ltd. (Rs. 437.00,-1.86%), Bharat Heavy Electricals Ltd. (Rs. 234.20,-1.58%), State Bank of India (Rs. 2523.05,-1.50%), Infosys Ltd. (Rs. 3211.00,-1.30%), were among notable losers on BSE.
Extending their support to Indian markets, the FIIs turned net buyer in both debt and equity market for the third straight day. Gross equity purchased stood at Rs. 3272.63 Crore and gross debt purchased stood at Rs. 1111.42 Crore, while the gross equity sold stood at Rs. 2684.04 Crore and gross debt sold stood at Rs. 139.28 Crore. Therefore, the net investment of equity and debt reported were Rs. 588.59 Crore and Rs. 972.14.
Top traded Volumes on NSE Nifty were IDFC Ltd. 13905031.00, Hindalco Industries Ltd. 12711833.00, DLF Ltd. 6564415.00, ITC Ltd. 5249391.00, Tata Steel Ltd. 4389860.00.
On NSE, total number of shares traded was 72.29 Crore and total turnover stood at Rs. 14273.80 Crore.
In the NSE F&O segment, total number of contracts traded in index futures was 280142 with a total turnover of Rs. 10810.19 Crore. Along with this total number of contracts traded in stock futures were 646871 with a total turnover of Rs. 25402.32 Crore. Total numbers of contracts for index options were 3212285 with a total turnover of Rs. 123455.66 Crore and total numbers of contracts for stock options were 311654 with a total turnover of Rs. 12019.16 Crore.
22/07/2014 08:17
Tracking firm cues from Asian peers, the domestic equity market is likely to open higher on Tuesday. Even, Nifty India stock futures in Singapore were trading in positive terrain, signaling a higher opening for the domestic bourses. Further, the earnings reports, which are largely in line with market expectations are likely to drove bourses higher, say analysts. On the global front, Asian peers were trading higher with Japan's Nikkei 225 index up 1 per cent and Hong Kong's Hang Seng index was trading 0.8 per cent higher. In overnight trading, Wall Street ended lower ended lower as investors sentiment was spooked by persistent tension in Ukraine and Gaza.
On Monday, the Indian benchmark indices ended higher on Monday, continuing its gaining momentum for fifth straight day, led by gains in FMCG and oil &gas stocks. The investors bet on oil and gas stocks after country’s largest private sector enterprise Reliance Industries has once again delivered better financial results which beat analyst expectations on every parameter. The Mukesh Ambani-owned company has posted a growth of 13.74 per cent in its consolidated net profit at Rs 5,957 crore for the first quarter ended June 30, 2014, despite weak regional refining margins and a planned turnaround in our refinery.
The BSE SENSEX closed at 25685.18 up by 43.62 points or by 0.17 per cent, while the NSE Nifty ended at 7684.2 up by 20.3 points or by 0.26 per cent.
During the day’s trade, the BSE Sensex touched intraday high of 25861.15 and intraday low of 25677.71, while the NSE Nifty touched intraday high of 7722.1 and intraday low of 7674.
In a similar fashion, the broader market also ended higher. The BSE MIDCAP closed at 9299.73 up by 46.93 points or by 0.51 per cent, while the BSE SMLCAP closed at 10261.74 up by 80.9 points or by 0.79 per cent. On the Sectoral front, FMCG and oil and gas indices gained 1.13 per cent and 0.57 per cent, respectively.
The Market breadth, indicating the overall health of the market, was strong. On BSE out of total shares traded 3212, shares advanced were 1809 while 1293 shares declined and 110 were unchanged.
The top gainers of the BSE Sensex pack were Housing Development Finance Corporation Ltd. (Rs. 1006.70,+2.61%), Reliance Industries Ltd. (Rs. 996.20,+2.00%), ITC Ltd. (Rs. 349.50,+1.55%), Axis Bank Ltd. (Rs. 2018.00,+1.10%), Hindustan Unilever Ltd. (Rs. 627.25,+0.84%), among others.
On the flip side, Tata Power Company Ltd. (Rs. 103.70,-1.94%), GAIL (India) Ltd. (Rs. 437.00,-1.86%), Bharat Heavy Electricals Ltd. (Rs. 234.20,-1.58%), State Bank of India (Rs. 2523.05,-1.50%), Infosys Ltd. (Rs. 3211.00,-1.30%), were among notable losers on BSE.
Extending their support to Indian markets, the FIIs turned net buyer in both debt and equity market for the third straight day. Gross equity purchased stood at Rs. 3272.63 Crore and gross debt purchased stood at Rs. 1111.42 Crore, while the gross equity sold stood at Rs. 2684.04 Crore and gross debt sold stood at Rs. 139.28 Crore. Therefore, the net investment of equity and debt reported were Rs. 588.59 Crore and Rs. 972.14.
Top traded Volumes on NSE Nifty were IDFC Ltd. 13905031.00, Hindalco Industries Ltd. 12711833.00, DLF Ltd. 6564415.00, ITC Ltd. 5249391.00, Tata Steel Ltd. 4389860.00.
On NSE, total number of shares traded was 72.29 Crore and total turnover stood at Rs. 14273.80 Crore.
In the NSE F&O segment, total number of contracts traded in index futures was 280142 with a total turnover of Rs. 10810.19 Crore. Along with this total number of contracts traded in stock futures were 646871 with a total turnover of Rs. 25402.32 Crore. Total numbers of contracts for index options were 3212285 with a total turnover of Rs. 123455.66 Crore and total numbers of contracts for stock options were 311654 with a total turnover of Rs. 12019.16 Crore.
