Pre-market: Sensex to rally ahead of Union Budget
04/07/2014 08:14
Maintaining the pre-budget rally, the BSE’s 30-share benchmark index- Sensex is expected to open higher on Friday. Positive trend in most of the Asian markets will further support investors’ sentiments in the country.
Japan’s Nikkei 25 was up by 95 points at 15,443; Hong Kong’s Hang Seng was at 23,549, up by nearly 18 points; and Singapore’s Straits Times was at 3,284, up by nearly 12 points in the morning session.
In the overnight trading, US markets ended higher over stronger than expected June jobs report.
Back home, the Reserve Bank of India has relaxed overseas investment norms by Indian companies by raising their borrowing limits.
In the previous trading session, the BSE’s Sensex closed at 25,823.75, down by 17.46 points or by 0.07 per cent, and the NSE Nifty ended at 7,714.8, down by 10.35 points or by 0.13 per cent as smart investors booked profits from the new market highs.
On BSE, total number of shares traded was 16.32 Crore and total turnover stood at Rs. 1429.99 Crore. The FIIs on 03/07/2014 stood as net buyer in equity and debt. Gross equity purchased stood at Rs. 4829.96 Crore and gross debt purchased stood at Rs. 1012.43 Crore, while the gross equity sold stood at Rs. 8956.25 Crore and gross debt sold stood at Rs. 586.38 Crore. Therefore, the net investment of equity and debt reported were Rs. -4126.29 Crore and Rs. 426.05.
04/07/2014 08:14
Maintaining the pre-budget rally, the BSE’s 30-share benchmark index- Sensex is expected to open higher on Friday. Positive trend in most of the Asian markets will further support investors’ sentiments in the country.
Japan’s Nikkei 25 was up by 95 points at 15,443; Hong Kong’s Hang Seng was at 23,549, up by nearly 18 points; and Singapore’s Straits Times was at 3,284, up by nearly 12 points in the morning session.
In the overnight trading, US markets ended higher over stronger than expected June jobs report.
Back home, the Reserve Bank of India has relaxed overseas investment norms by Indian companies by raising their borrowing limits.
In the previous trading session, the BSE’s Sensex closed at 25,823.75, down by 17.46 points or by 0.07 per cent, and the NSE Nifty ended at 7,714.8, down by 10.35 points or by 0.13 per cent as smart investors booked profits from the new market highs.
On BSE, total number of shares traded was 16.32 Crore and total turnover stood at Rs. 1429.99 Crore. The FIIs on 03/07/2014 stood as net buyer in equity and debt. Gross equity purchased stood at Rs. 4829.96 Crore and gross debt purchased stood at Rs. 1012.43 Crore, while the gross equity sold stood at Rs. 8956.25 Crore and gross debt sold stood at Rs. 586.38 Crore. Therefore, the net investment of equity and debt reported were Rs. -4126.29 Crore and Rs. 426.05.
