Markets

News Details

( 14 Jan 2020)
Pre-Session: Indices likely to open higher; Q3 nos eyed

Indian markets are expected to start the day in green on Tuesday amid positive global cues. Further, expectations from corporate earnings and the upcoming Union Budget are likely to keep the overall sentiment in the Indian equity markets positive today.

However, investor sentiment may be dented by the inflation data released yesterday which showed that retail inflation rate in December jumped to an over five-year high of 7.35 per cent in December. As such, the CPI inflation has surpassed the RBI's comfort level, thus strongly limiting the extent to which the central bank can ease rates further.

On the results front, a total of 12 companies are scheduled to announce their December quarter numbers today. Market participants will pay special attention to the results of IndusInd Bank, Mindtree, and Wipro.

On Monday, the 30-share benchmark index ended at 41859.69 up by 259.97 points or by 0.62 % and then NSE Nifty was at 12329.55 up by 72.75 points or by 0.59 %.

On the global front, Wall Street surged to record highs on Monday, buoyed by an easing of Middle East tensions and the Phase 1 US-China trade agreement.The Dow Jones Industrial Average rose 0.3 per cent, while the S&P 500 gained 0.7 per cent, its highest close ever. The Nasdaq Composite jumped 1.04 per cent to a record high.

Asian share markets surged on Tuesday. MSCI’s broadest index of Asia-Pacific shares outside Japan opened at an all-time high and drifted higher. Japan's Nikkei added 0.8 per cent and Australia's ASX 200 rose 0.7 per cent.

Back home, Top traded Volumes on NSE Nifty – YES Bank Ltd. 194734026.00, Tata Motors Ltd. 40535961.00, Infosys Ltd.

36952038.00, State Bank of India 23615129.00, Power Grid Corporation of India Ltd. 15571488.00,

On NSE, total number of shares traded was 154.69 Crore and total turnover stood at Rs. 32101.12 Crore.

On NSE Future and Options, total number of contracts traded in index futures was 202429 with a total turnover of Rs. 15283.09 Crore. Along with this total number of contracts traded in stock futures were 580800 with a total turnover of Rs. 40688.32 Crore. Total numbers of contracts for index options were 10472027 with a total turnover of Rs. 771687.37 Crore. and total numbers of contracts for stock options were 624909 with a total turnover of Rs. 47180.79 Crore.

The FIIs on 13/01/2020 stood as net buyer in equity and debt. Gross equity purchased stood at Rs. 4802.05 Crore and gross debt purchased stood at Rs. 1251.01 Crore, while the gross equity sold stood at Rs. 4143.49 Crore and gross debt sold stood at Rs. 1235.50 Crore. Therefore, the net investment of equity and debt reported were Rs. 658.56 Crore and Rs. 15.51