GIVE MISS CALL ON :- +91 99774 99927

INDIAN EQUITY MARKET MORNING UPDATE – 10 OCT 2017

market update

Pre-Opening Commentary: Asian markets trading mixed;

Indian Indices:

SGX Nifty trades flat @10022.Indian benchmark indices are likely to open flat on Tuesday, tracking soft cues from Nifty futures on the Singapore Stock Exchange and mixed trend across global peers. Markets across Asia were trading higher, undermining negative close on Wall Street. SGX Nifty is trading flat at 10022

Indian Equity benchmark began the week on a flat note, with the Nifty ending below 10,000-mark. The Sensex closed up 32 points at 31846, while the Nifty ended higher by 8 points at 9987 whereas midcaps underperformed. Market is awaiting cues from earnings season for further move.

Global Market:

  • Europe closed flat yesterday with FTSE down 0.20%, CAC up 0.11%, DAX up 0.16%.
  • US: Stocks showed a lack of direction during trading on Monday before the major averages ended the day modestly lower. The Dow edged down 0.1 % to 22,761.07, the Nasdaq dipped 10.45 points to 6,579 and the S&P 500 slipped 0.2 % to 2,544.73. US Markets closed a tad lower on Monday after relatively quiet trade as earnings season loomed
  • Asian shares climbed in early Tuesday trade as markets shrugged off the softer close on Wall Street. Asian shares climbed in early Tuesday trade as markets shrugged off the softer close on Wall Street.

Major Headlines of the day:

  • Lupin receives USFDA approval for generic corgard tablets used to treat chest pain & hypertension.
  • NMDC’s total production in September rose 12.3 percent, while total sales grew 11.2 percent.
  • Piramal Enterprises to mull merger of Piramal Cap and Piramal Fin with Piramal Housing.
  • Mercator sold its vessel for Rs 24.70 crore to Natalia Shipping Ltd. The company will use the proceeds to repay debt.
  • Tata Steel may bid for Essar’s Hazira plant.

Trend in FII flows: The FIIs were net buyers of Rs –475.11 the cash segment on Monday while the DIIs were net sellers of Rs 55.42 as per the provisional figures.

Securities in Ban For Trade Date 10-OCT-2017:

1.BEML

2.DHFL

3.IBREALEST

4.JPASSOCIAT

5.JSWENERGY

6.RCOM

7.RELCAPITAL

MCX Tips,  Stock Market LiveEquity Tips , sebi registered advisory Company  ,  Free Trading tips , Intraday stock tips , Capitalstars pricing

CapitalStars Provides  Free Trial To Our Client…

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

Leave a Reply

Your email address will not be published. Required fields are marked *

Checking...

Ouch! There was a server error.
Retry »

Sending message...

FREE TRIAL REQUEST


CapitalStars FORUM