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Tricks and Tips

Wednesday, 24 October 2018

Nifty Like To Open 25-OCT-2018


A morning walk down Dalal Street | Key hurdle for Nifty at 10,300.

Indian Indices:                           10,290-10,300 shall act as a key hurdle zone where one can look to initiate fresh short position.

Global Market:
·       Asian markets: Asian markets are lower today as Japanese and Hong Kong shares fall. The Nikkei 225 is off 2.80% while the Hang Seng is down 1.82%. The Shanghai Composite is not trading.
·       US Markets: Dow erases gains for the year, tumbles more than 600 points as stocks extend October swoon.
·       European markets: European markets finished mixed as of the most recent closing prices. The FTSE 100 gained 0.11%, while the DAX led the CAC 40 lower. They fell 0.73% and 0.29% respectively.


·       Major Headlines of the day:

·         Ambuja Asian shares slump as Wall Street erases all of 2018 gains.
·         Rupee US markets plunge; S&P 500, Dow erase 2018 gains.
·       Trends on SGX Nifty indicate a negative opening for the broader index in India, a fall of 97 points or 0.95 percent. Nifty futures were trading around 10,140- level on the Singaporean Exchange.
·       Oil prices fall 1% amid global stock market slump
·         Results to be announced today :- Aptech,Bharti Airtel,BHEL,Biocon,Ceat,CG Consumer,DB Corp,Dish TV,Force Motors,JM Financial,JSW Steel,Kajaria Ceramic,Maruti Suzuki,Oriental Bank,Piramal Enter,Praj Industries,PVR,Quess Corp,Raymond,Shriram Trans,Tata Coffee,Yes Bank.


·         Trend in FII flows:The FIIs were Net Value of Rs  -2046.54 segment while the DIIs were Net Value of  1873.51 per the provisional figures.

Securities in Ban For Trade Date 25-OCTOBER-2018
1.Adanient
2.Adanipower
3.Dhfl.


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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