Pre-market: Sensex to open weak tracking negative global cues 01/08/2014

Pre-market: Sensex to open weak tracking negative global cues
01/08/2014 08:29
Following negative trend in the global markets, the 30-share barometer index- Sensex is expected to open in red on Friday. In the overnight trading, US markets ended lower amid fears that Federal Reserve could soon raise interest rates. Following this, all the Asian markets opened with a negative note, except for China’s Shanghai Composite, which was trading at 2,203, up by 1.86 points.

On the contrary, Japan’s Nikkei 225 was at 15,568, down by 52 points; Singapore’s Straits Times was at 3,346, down by 27 points; Hong Kong’s Hang Seng was at 24,654, down by 102 points; and Taiwan Index was trading down by 72 points at 9,243.

Back home, the BSE’s SENSEX closed at 25894.97, down by 192.45 points or by 0.74 per cent on Thursday, while the NSE’s wide-based Nifty ended at 7721.3, down by 70.1 points or by 0.9 per cent after F&O expiry.

On BSE, total number of shares traded was 85.49 Crore and total turnover stood at Rs. 8069.69 Crore. The FIIs on 31/07/2014 stood as net buyer in equity and debt. Gross equity purchased stood at Rs. 6102.04 Crore and gross debt purchased stood at Rs. 1657.54 Crore, while the gross equity sold stood at Rs. 6378.05 Crore and gross debt sold stood at Rs. 1296.26 Crore. Therefore, the net investment of equity and debt reported were Rs. -276.01 Crore and Rs. 361.28.