Searching...
Wednesday, October 4, 2017

Markets to flash green; SGX Nifty up 10 pts;

stock tips
Indian Indices:

The Indian benchmark indices are set to open higher on Wednesday amid mixed cues from the Asian peers. The Asian markets have opened on a mixed note even after US equities closed higher overnight. SGX Nifty is trading @ 9885 up by 10 Points.

Equity markets closed higher for third consecutive session on Tuesday, ahead of outcome of RBI policy meeting due. Repo , Reverse Repo and CRR are expected to remain unchanged at 6%, 5.75% and 4% respectively. Nifty opened at 9,884 level, up by 25 points while Sensex opened at 31,522 level, up by 25 points. Nifty opened at 9,884 level, up by 25 points while Sensex opened at 31,522 level, up by 25 points.

Hindustan Petroleum was top Nifty gainer trading at Rs 444 per share, up by 2.16% whereas Coal India was top Nifty loser trading at Rs 270.5 per share, down by 0.55%.

Global Market:
Asian equity benchmarks are trending up in the early morning trade on Wednesday, tracking positive cues overnight from Wall Street.  Japan’s Nikkei 225 has gained 47 points, Hong Kong's Hang Seng has surged 243 points and China’s Shanghai Composite has added 10 points.

US equities continue to set fresh records on Tuesday. The Dow Jones Industrial Average added 84 points to settle at 22,642. The Nasdaq Composite Index rose 15 points to close at 6,532. The S&P 500 inched up 6 points to finish at 2,535. Dow notches 5-day winning streak as stocks close at record highs.

Major Headlines of the day:
Natco Pharma’s partner Mylan gets USFDA nod multiple sclerosis drug Copaxone
Tech Mahindra signs multi million euro deal with fibre products maker Ahlstrom-Munksjö
Ahluwalia Contracts (India) Ltd has secured new orders aggregating to Rs556 crore for construction of Institutional, Residential building & commercial including Electrical, plumbing & firefighting servicesTata Motors -JLR reports strong US sales for September; Total sales rise 16.9% to 9,703 units vs 8,29

Trend in FII flows: The FIIs were net buyers of Rs –693.03 the cash segment on Monday while the DIIs were net sellers of Rs 1552.41 as per the provisional figures.

Securities in Ban For Trade Date 04-OCT-2017:
1.IBREALEST
2.JSWENERGY

Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.
CapitalStars Investment Adviser: SEBI Registration Number: INA000001647

0 comments:

Post a Comment

 
Back to top!