Indian Indices: Trends
on SGX Nifty indicate a flat to negative opening for the broader index in
India, a fall of 10 points or 0.09 percent. Nifty futures were trading around
11,749-level on the Singaporean Exchange.
Global Market:
·
Asian stocks bruised by Trump's trade war threats: MSCI's broadest
index of Asia-Pacific shares outside Japan dropped 0.2 percent in early trade
while Japan's Nikkei dropped 0.8 percent.
·
Wall Street extends rally, tech leads S&P, Nasdaq to
record highs:
The
Dow Jones Industrial Average rose 60.55 points, or 0.23 percent, to 26,124.57,
the S&P 500 gained 16.52 points, or 0.57 percent, to 2,914.04 and the
Nasdaq Composite added 79.65 points, or 0.99 percent, to 8,109.69.
· Major
Headlines of the day:
·
Shares of Jet Airways cut some losses from its
intraday fall of over 2.5 percent on Friday morning as investors turned wary of
a probe into the airline’s financials..
·
Due to some profit booking in the last couple of days, the Nifty
concluded the August series with a gain of 4.56 percent over the July expiry's
close..
·
Trend in
FII flows:- The FIIs were Net Value of Rs 958.01
On NSE, BSE and MSEI while the DIIs were Net
Value of -1598.67 per the
provisional figures.
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