Pre Session-Sensex may open marginally lower on tepid Asian cues 20/08/2014

Pre Session-Sensex may open marginally lower on tepid Asian cues
20/08/2014 08:29
The key domestic benchmarks may open marginally lower today tracking tepid cues from Asian peers which were trading mostly in the red as investors weighed an improving US economic outlook while inflationary pressures were limited. US housing starts rebounded sharply in July, signaling a pickup in the world’s biggest economy. Starts climbed 15.7 per cent to a 1.09 million annualized rate in July 2014, the highest level since November. Inflation in the US climbed at the slowest pace in five months as consumer prices rose 0.1 per cent in July 2014 from the previous month. China’s Shanghai Composite fell but Hang Seng logged slim gains ahead of manufacturing data tomorrow. Japan’s Nikkei 225 was trading marginally lower even as exports snapped a two-month contraction streak, up 3.9 per cent year on year in July 2014. Back home, investors may resort to some profit booking after two straight days of the Sensex closing at record high levels.

Top traded Volumes on NSE Nifty – Oil and Natural Gas Corporation Ltd. 10458752.00, Hindalco Industries Ltd. 10288612.00, Tata Motors Ltd. 9859931.00, Sesa Sterlite Ltd. 7755009.00 and DLF Ltd. 7502313.00.

On BSE, total number of shares traded was 36.54 Crore and total turnover stood at Rs. 3140.59 Crore.

On NSE Future and Options, total number of contracts traded in index futures was 297327 with a total turnover of Rs. 11683.01 Crore. Along with this total number of contracts traded in stock futures were 727207 with a total turnover of Rs. 28990.95 Crore. Total numbers of contracts for index options were 4102394 with a total turnover of Rs. 161321.05 Crore and total numbers of contracts for stock options were 376312 with a total turnover of Rs. 15059.52 Crore.