Domestic bourses are expected to start the day on flat on Friday amid mixed global cues. Further, corporate results reaction, and macro data will be the key factors for the Indian markets today while the Supreme Court hearing in the AGR case will be actively tracked.
Some stock specific reaction will be seen in state-run BPCL, Hero MotoCorp, and Tata Steel that announced their Q1 earnings post markets hours yesterday.
Besides, India's retail inflation rose to 6.93 per cent in July on higher food prices. Investors will now eye Wholesale inflation data, expected to be released later today.
That apart, the Reserve Bank of India’s board, led by governor Shaktikanta Das, is scheduled to meet today amid expectations that the RBI will disclose its dividend payout to the government.
On the results front, a total of 231 companies including Glenmark Pharma, Berger Paints, and HIndalco Industries are scheduled to announce their June quarter earnings today.
On Thursday, the 30-share benchmark index ended at 38310.49 down by -59.14 points or by -0.15 % and then NSE Nifty was at 11300.45 down by -7.95 points or by -0.07 %.
On the global front, In the US, indices ended mixed overnight. The Dow Jones fell 0.3 per cent, the S&P 500 lost 0.2 per cent, and the Nasdaq Composite added 0.27 per cent.
Similar trend was seen in Asian shares early Friday. Australian ASX 200 rose 0.3 per cent, while Japan's Nikkei was flat. Meanwhile, Hong Kong's Hang Seng index dipped 0.3 per cent.
Back home, Top traded Volumes on NSE Nifty – Tata Motors Ltd. 95490351.00, State Bank of India 70443500.00, Bharti Airtel Ltd. 36774554.00, Hindalco Industries Ltd. 26526487.00, ICICI Bank Ltd. 26257725.00,
On NSE, total number of shares traded was 35.04 Crore and total turnover stood at Rs. 58265.69 Crore.
On NSE Future and Options, total number of contracts traded in index futures was 321854 with a total turnover of Rs. 21443.69 Crore. Along with this total number of contracts traded in stock futures were 791962 with a total turnover of Rs. 56835.48 Crore. Total numbers of contracts for index options were 48772513 with a total turnover of Rs. 3208165.42 Crore. and total numbers of contracts for stock options were 1122698 with a total turnover of Rs. 84388.82 Crore.
The FIIs on 13/08/2020 stood as net buyer in equity and debt. Gross equity purchased stood at Rs. 8032.41 Crore and gross debt purchased stood at Rs. 467.54 Crore, while the gross equity sold stood at Rs. 4573.85 Crore and gross debt sold stood at Rs. 1157.63 Crore. Therefore, the net investment of equity and debt reported were Rs. 3458.56 Crore and Rs. -690.09