Searching...
Sunday, August 20, 2017

Flat opening; SGX Nifty up by 12 pts;

stock tips
Indian Indices:

Indian Markets are likely to open flat to higher, tracking firm cues from Nifty futures on the Singapore Stock Exchange and mixed trading across global markets. Indian equities are likely to open flat with positive bias on Monday, tracking muted cues from Nifty futures on the Singapore Stock Exchange and mixed trend across global markets as investors kept an eye on war drills scheduled for the Korean peninsula and monitored speeches from ECB and US Fed, and local data due to be released

Indian shares fell on Friday led by Infosys that plunged after the resignation of Chief Executive Vishal Sikka heightened uncertainty about the IT services provider's future. The S&P BSE Sensex and the CNX Nifty fell by 0.85% and 0.67% respectively.

Global Market:

Asian shares were fragile on Monday as investors remained unconvinced about U.S. President Donald Trump's ability to fulfill his economic agenda, even as the departure of his controversial policy strategist raised hopes of some progress.

Spanish stocks slumped Friday, as part of a wider selloff across European markets a day after terrorists killed at least 13 people in the heart of Barcelona.

On Friday, Wall Street ended lower as traders weighed political turmoil after President Donald Trump’s adviser Steve Bannon exited the White House

Major Headlines of the day:
Infosys: To buy back shares worth up to Rs13,000 crore at Rs 1,150 each.
ICICI Bank: Cuts interest rate on savings deposit below Rs 50 lakh to 3.5 percent from 4 percent.
Bajaj Electricals: Bags order worth Rs 391.45 crore from Transmission Corporation of Telangana.

Trend in FII flows: The FIIs were net buyers of Rs -2182.12 the cash segment on Friday while the DIIs were net sellers of Rs 584.59 as per the provisional figures.

Securities in Ban For Trade Date 21-AUG-2017:
1.BEML
2.FORTIS
3.HDIL
4.IBREALEST
5.JPASSOCIAT
6.JSWENERGY
7.JUSTDIAL

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!