Indian Indices:
Nifty50 index has immediate support placed around the level of 9,550 and if it holds below this level, further correction up to the level of 9,520 is likely. On the upside, Nifty50 may face resistance around the levels of 9,640-9,650, the BSE Sensex opened higher by 85 points at 31160, while the Nifty50 opened higher by 17 points at 9595 mark.
Here is a list of the top global cues that you need to know before hitting D-Street on Friday. Here is a list of the top global cues that you need to know before hitting D-Street on Friday. SGX Nifty signals negative opening: At 7 am this morning, SGX Nifty were trading 41 points, or 0.43%, down at 9,600, indicating weakness ahead in the domestic market.
There are 1024 advances, 403 declines and 473 unchanged stocks on NSE reflecting some positive bias floating in the market.
Global Market:
Asian markets cautious: Asian equities turned cautious on Thursday after the US Federal Reserve raised interest rates for the second time this year, as was widely expected by markets. At 7 am IST, Nikkei was down 116 points, Hang Seng 249 points, Kospi gave up earlier gains to decline 0.75%, but Chinese markets were trading mixed.
Wall Street slips after Fed rate hike: US stocks edged lower on Wednesday after the Federal Reserve raised interest rates for the second time in three months and weaker oil prices weighed on the energy sector. The Dow Jones Industrial Average fell 9.45 points, or 0.04%, to 21,319, the S&P500 lost 9.19 points, or 0.38%, to 2,431 and the Nasdaq Composite dropped 55.77 points, or 0.9%, to 6,164.
Major Headlines of the day:
• Infosys-Appoints Inderpreet Sawhney as group counsel w.e.f July 3, Appoints Karmesh Vaswani as global head-CPG, retail, logistics w.e.f July 15.
• IPCA Labs- All drugs manufactured at Ratlam unit refused admission in the US, API Chloroquine phosphate manufacturing at Ratlam unit is an exception.
• Warburg Pincus to buy stake in Tata Technologies-Tata Motors board approves partial divestment of stake in subsidiary Tata Technologies
Trend in FII flows: The FIIs were net buyers of Rs -645.35 the cash segment on Thursday while the DIIs were net sellers of Rs 854.85 as per the provisional figures.
Securities in Ban For Trade Date 16-JUN-2017:
1.BANKINDIA
2.DLF
3.HDIL
4.IBREALEST
5.INFIBEAM
6.JPASSOCIAT
7.KSCL
8.ORIENTBANK
9.RCOM
10.UJJIVAN
Get more details here:-
* Investment & Trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.
0 comments:
Post a Comment