Indian Indices:
Indian markets may open lower on negative Asian stocks. SGX Nifty is trading 19.00 points lower.
The market may remain volatile as traders roll over positions in the futures & options (F&O) segment from the near month December 2016 series to January 2017 series. The near month December 2016 derivatives contracts expire today, December 29, 2016.
Indian shares gave up early gains to close little changed on Wednesday as investors booked profits, though gains in some recently battered stocks helped support markets. The S&P BSE Sensex fell by 0.01% and CNX Nifty gained by 0.02%.
Global Market:
Asian shares slipped on Thursday after Wall Street suffered a mild setback after weeks of gains, while the dollar faded against the yen in typical year-end profit taking.
European stock markets closed mixed in light post-holiday trade on Wednesday, with miners pushing higher, while Italian banks led decliners on ongoing concerns about the future of Banca Monte dei Paschi di Siena.
U.S. stocks fell on Wednesday, slumping in a broad decline as the market’s multiweek rally—which has taken indexes to repeated records and the Dow within mere points of the 20,000 milestone—stalled.
Major Headlines of the day:
Tata Steel seeks foreign investment for SEZ project in Odisha
RIL starts first phase of para-xylene plant at Jamnagar
TVS gets patent for auto hybrid transmission system
Trend in FII flows: The FIIs were net buyers of Rs -527.06 Cr in the cash segment on Tuesday while the DIIs were net sellers of Rs 824.84, as per the provisional figures.
CapitalStars Investment Adviser: SEBI Registration Number: INA000001647
0 comments:
Post a Comment