Pre-Market: Markets to witness soft opening
27/05/2014 08:22
The Indian markets are likely to witness a soft opening tracking the mixed performance in the Asian peers. However, the markets will pick pace as the investors will discount the news of the newly formed cabinet. The trading activity will remain high. Meanwhile, the Current Account Deficit which narrowed sharply to $1.2 bn from $18.1 bn in Q4 2013-14 according to an RBI release will likely ignite a spark among investors as they now place faith in the new economic system under Modi. The lower CAD was primarily on account of a decline in the trade deficit as decline in imports was sharper than that in exports. Additionally, the stocks of non-banking firms will attract focus post the RBI’s decision of pre-approval before conclusion of any merger or acquisition whether by acquisition of shares or otherwise.
Asian markets are trading mixed in today’s session as the investors indulge in some selling on the lack of cues from the Wall Street and European markets. Optimism over European Union elections is likely to be offset by concerns over the ongoing government coup in Thailand. However, Japanese shares are rising on account of serious buying activity tracking positivity from the overnight gains in the European markets. The benchmark Nikkei 225 index is up 108.8 points or 0.8 percent at 14,711.3, a near two-month high. Hang Seng and Shanghai Composite are down by 0.06% each.
Top traded Volumes on NSE Nifty – NTPC Ltd. 25656616.00, Sesa Sterlite Ltd. 19667620.00, Bharat Heavy Electricals Ltd. 18465047.00, IDFC Ltd. 17888158.00, Tata Power Company Ltd. 17705852.00,
On NSE, total number of shares traded was 210.60 Crore and total turnover stood at Rs. 30160.44 Crore.
On NSE Future and Options, total number of contracts traded in index futures was 837459 with a total turnover of Rs. 31355.36 Crore. Along with this total number of contracts traded in stock futures were 2011112 with a total turnover of Rs. 77971.28 Crore. Total numbers of contracts for index options were 7257807 with a total turnover of Rs. 270148.31 Crore. and total numbers of contracts for stock options were 617785 with a total turnover of Rs. 24407.64 Crore.
The FIIs on 26/05/2014 stood as net buyer in equity and debt. Gross equity purchased stood at Rs. 6810.00 Crore and gross debt purchased stood at Rs. 2582.20 Crore, while the gross equity sold stood at Rs. 6295.30 Crore and gross debt sold stood at Rs. 307.70 Crore. Therefore, the net investment of equity and debt reported were Rs. 514.70 Crore and Rs. 2274.50
27/05/2014 08:22
The Indian markets are likely to witness a soft opening tracking the mixed performance in the Asian peers. However, the markets will pick pace as the investors will discount the news of the newly formed cabinet. The trading activity will remain high. Meanwhile, the Current Account Deficit which narrowed sharply to $1.2 bn from $18.1 bn in Q4 2013-14 according to an RBI release will likely ignite a spark among investors as they now place faith in the new economic system under Modi. The lower CAD was primarily on account of a decline in the trade deficit as decline in imports was sharper than that in exports. Additionally, the stocks of non-banking firms will attract focus post the RBI’s decision of pre-approval before conclusion of any merger or acquisition whether by acquisition of shares or otherwise.
Asian markets are trading mixed in today’s session as the investors indulge in some selling on the lack of cues from the Wall Street and European markets. Optimism over European Union elections is likely to be offset by concerns over the ongoing government coup in Thailand. However, Japanese shares are rising on account of serious buying activity tracking positivity from the overnight gains in the European markets. The benchmark Nikkei 225 index is up 108.8 points or 0.8 percent at 14,711.3, a near two-month high. Hang Seng and Shanghai Composite are down by 0.06% each.
Top traded Volumes on NSE Nifty – NTPC Ltd. 25656616.00, Sesa Sterlite Ltd. 19667620.00, Bharat Heavy Electricals Ltd. 18465047.00, IDFC Ltd. 17888158.00, Tata Power Company Ltd. 17705852.00,
On NSE, total number of shares traded was 210.60 Crore and total turnover stood at Rs. 30160.44 Crore.
On NSE Future and Options, total number of contracts traded in index futures was 837459 with a total turnover of Rs. 31355.36 Crore. Along with this total number of contracts traded in stock futures were 2011112 with a total turnover of Rs. 77971.28 Crore. Total numbers of contracts for index options were 7257807 with a total turnover of Rs. 270148.31 Crore. and total numbers of contracts for stock options were 617785 with a total turnover of Rs. 24407.64 Crore.
The FIIs on 26/05/2014 stood as net buyer in equity and debt. Gross equity purchased stood at Rs. 6810.00 Crore and gross debt purchased stood at Rs. 2582.20 Crore, while the gross equity sold stood at Rs. 6295.30 Crore and gross debt sold stood at Rs. 307.70 Crore. Therefore, the net investment of equity and debt reported were Rs. 514.70 Crore and Rs. 2274.50
