Pre-Market: Markets set to open marginally positive
22/05/2014 08:19
After closing on a negative yesterday, the markets are likely to open on a marginally positive note tracking SGX Nifty. The markets are also expected to discount the agenda that the Finance Ministry has put forth for fighting inflation and kick-starting investment cycle. The Gold stocks will see momentum post the easing of import duty on gold. Shares of Bajaj Auto might witness interest post the upliftment of ban by Egypt. On the global front, China’s HSBC manufacturing PMI will be in focus. Moreover, most of the Asian stocks are trading in positive as NIKKEI is trading higher to strengthening of yen. Top traded Volumes on NSE Nifty – Sesa Sterlite Ltd. 19190909.00, DLF Ltd. 16249397.00, NTPC Ltd. 15982367.00, Hindalco Industries Ltd. 13573762.00, Coal India Ltd. 12136258.00, On BSE, total number of shares traded was 57.88 Crore and total turnover stood at Rs. 4696.14 Crore.
On NSE, total number of shares traded was 169.84 Crore and total turnover stood at Rs. 22652.32 Crore. On NSE Future and Options, total number of contracts traded in index futures was 389496 with a total turnover of Rs. 14320.96 Crore. Along with this total number of contracts traded in stock futures were 960152 with a total turnover of Rs. 35733.01 Crore. Total numbers of contracts for index options were 3042977 with a total turnover of Rs. 110973.17 Crore and total numbers of contracts for stock options were 408310 with a total turnover of Rs. 15166.02 Crore. The FIIs on 21/05/2014 stood as net buyer in equity and debt. Gross equity purchased stood at Rs. 7060.40 Crore and gross debt purchased stood at Rs. 2328.70 Crore, while the gross equity sold stood at Rs. 7044.80 Crore and gross debt sold stood at Rs. 948.60 Crore. Therefore, the net investment of equity and debt reported were Rs. 15.60 Crore and Rs. 1380.10 Post yesterday’s session when the stocks tumbled steeply lower; the markets showcased a turnaround performance. The rebound was majorly a result of the FOMC meeting’s minutes being released. Traders seemed to react positively to the fact that the minutes did not provide any indication that an interest rate hike is imminent. The major averages closed firmly in positive territory, near their best levels of the day. The Dow jumped 158.75 points or 1 percent to 16,533.06, the NASDAQ advanced 34.65 points or 0.9 percent to 4,131.54 and the S&P 500 climbed 15.20 points or 0.8 percent at 1,888.03. The strength on Wall Street was partly due to bargain hunting following the lower drift seen on Tuesday, with the Dow bouncing well off the nearly one-month closing low set in the previous session
22/05/2014 08:19
After closing on a negative yesterday, the markets are likely to open on a marginally positive note tracking SGX Nifty. The markets are also expected to discount the agenda that the Finance Ministry has put forth for fighting inflation and kick-starting investment cycle. The Gold stocks will see momentum post the easing of import duty on gold. Shares of Bajaj Auto might witness interest post the upliftment of ban by Egypt. On the global front, China’s HSBC manufacturing PMI will be in focus. Moreover, most of the Asian stocks are trading in positive as NIKKEI is trading higher to strengthening of yen. Top traded Volumes on NSE Nifty – Sesa Sterlite Ltd. 19190909.00, DLF Ltd. 16249397.00, NTPC Ltd. 15982367.00, Hindalco Industries Ltd. 13573762.00, Coal India Ltd. 12136258.00, On BSE, total number of shares traded was 57.88 Crore and total turnover stood at Rs. 4696.14 Crore.
On NSE, total number of shares traded was 169.84 Crore and total turnover stood at Rs. 22652.32 Crore. On NSE Future and Options, total number of contracts traded in index futures was 389496 with a total turnover of Rs. 14320.96 Crore. Along with this total number of contracts traded in stock futures were 960152 with a total turnover of Rs. 35733.01 Crore. Total numbers of contracts for index options were 3042977 with a total turnover of Rs. 110973.17 Crore and total numbers of contracts for stock options were 408310 with a total turnover of Rs. 15166.02 Crore. The FIIs on 21/05/2014 stood as net buyer in equity and debt. Gross equity purchased stood at Rs. 7060.40 Crore and gross debt purchased stood at Rs. 2328.70 Crore, while the gross equity sold stood at Rs. 7044.80 Crore and gross debt sold stood at Rs. 948.60 Crore. Therefore, the net investment of equity and debt reported were Rs. 15.60 Crore and Rs. 1380.10 Post yesterday’s session when the stocks tumbled steeply lower; the markets showcased a turnaround performance. The rebound was majorly a result of the FOMC meeting’s minutes being released. Traders seemed to react positively to the fact that the minutes did not provide any indication that an interest rate hike is imminent. The major averages closed firmly in positive territory, near their best levels of the day. The Dow jumped 158.75 points or 1 percent to 16,533.06, the NASDAQ advanced 34.65 points or 0.9 percent to 4,131.54 and the S&P 500 climbed 15.20 points or 0.8 percent at 1,888.03. The strength on Wall Street was partly due to bargain hunting following the lower drift seen on Tuesday, with the Dow bouncing well off the nearly one-month closing low set in the previous session
