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Tricks and Tips

Thursday 30 August 2018

Nifty like to open. 31-Aug-2018




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.




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.

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