Markets

News Details

( 15 Oct 2020)
Pre-Session: Positive opening on cards for Sensex, Nifty today

Domestic bourses are expected to start the day on positive note on Thursday with weekly expiry of the Futures and Options (F&O) contracts scheduled for today.

Besides, investors will react to corporate results, while the Supreme Court's order on interest waiver might also impact bank stocks.

Besides, India's second largest IT services company Infosys yesterday posted a healthy set of numbers in the second quarter of FY21. Infosys has also guided for strong revenue growth in a seasonally weak third quarter and revise the margin guidance.

A total of 15 companies including Mindtree, South Indian Bank, and Cyient are scheduled to announce their quarterly earnings today.

On Wednesday, the 30-share benchmark index ended at 40794.74 up by 169.23 points or by 0.42 % and then NSE Nifty was at 11971.05 up by 36.55 points or by 0.31 %.

On the global front, Wall Street finished weaker on Wednesday, led lower by Amazon and Microsoft, as investors lost hope that a U.S. fiscal stimulus would be approved before the presidential election in November.

The Dow Jones Industrial Average fell 0.58% to end at 28,514 points, while the S&P 500 lost 0.66% to 3,488.67. The Nasdaq Composite dropped 0.8% to 11,768.73.

Asian markets started on mixed note on Thursday as hopes of U.S. fiscal stimulus before the presidential election faded and a record number of new coronavirus infections in parts of Europe propelled investors toward safe-havens such as gold.

MSCI's broadest index of Asia-Pacific shares outside Japan slipped 0.1%. Australia's S&P/ASX 200 rose 0.6%, while Japan's Nikkei 225 fell 0.3%. Hong Kong's Hang Seng index futures were down 0.49%.

Back home, Top traded Volumes on NSE Nifty – Wipro Ltd. 74138275.00, NTPC Ltd. 47114567.00, Tata Motors Ltd. 45792723.00, State Bank of India 40550062.00, ITC Ltd. 38219096.00,

On NSE, total number of shares traded was 191.30 Crore and total turnover stood at Rs. 50849.46 Crore.

On NSE Future and Options, total number of contracts traded in index futures was 469318 with a total turnover of Rs. 32697.99 Crore. Along with this total number of contracts traded in stock futures were 699055 with a total turnover of Rs. 54185.75 Crore. Total numbers of contracts for index options were 30067075 with a total turnover of Rs. 2147054.52 Crore. and total numbers of contracts for stock options were 1143786 with a total turnover of Rs. 98646.21 Crore.

The FIIs on 14/10/2020 stood as net buyer in equity and debt. Gross equity purchased stood at Rs. 6760.52 Crore and gross debt purchased stood at Rs. 866.20 Crore, while the gross equity sold stood at Rs. 4884.49 Crore and gross debt sold stood at Rs. 667.75 Crore. Therefore, the net investment of equity and debt reported were Rs. 1876.03 Crore and Rs. 198.45