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Sunday, 19 August 2018

Nifty likely to open higher.20-Aug-2018



Indian Indices:                           Trends on SGX Nifty indicate a positive opening for the broader index in India, a gain of 42 points or 0.37 percent. Nifty futures were trading around 11,520- level on the Singaporean Exchange.

Global Market:
·       Asian markets: Asian markets are lower today as Japanese and Hong Kong shares fall. The Nikkei 225 is off 0.18% while the Hang Seng is down 0.54%. The Shanghai Composite is not trading.
·       US Markets: U.S. and China officials are reportedly working on a plan to hold talks to end a trade dispute between the two countries that would result in meetings between Trump and Xi at a summit in November, according to the Wall Street Journal.
·       European markets: European markets finished mixed as of the most recent closing prices. The FTSE 100 gained 0.03%, while the DAX led the CAC 40 lower. They fell 0.22% and 0.08% respectively.


·       Major Headlines of the day:

·       Asia shares inch up with yuan, wary on Sino-US talks.
·       The upcoming week will see a new entrant getting listed on the exchanges. CreditAccess Grameen will be listed on bourses after having a successful initial public offering (IPO) issue.


·         Trend in FII flows:The FIIs were Net Value of Rs 147.31 cash segment while the DIIs were Net Value of  151.89 per the provisional figures.


Securities in Ban For Trade Date 20-AUGUST-2018
1.Adanipower
2.Adanient
3.Jisljaleqs
4.Jetairways
5.Raymond




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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