Nifty Like To Open below 23-OCT-2018

Market Live: Nifty below 10,200, Sensex down 200 points; paint stocks under pressure.

Indian Indices:                           Asian Paints down 4 percent, while Sun Pharma, Titan are trading marginally lower.

Global Market:

·       Asian markets: Japanese shares are lower today as the Nikkei 225 falls 2.27%. The stock markets in Hong Kong and Shanghai are closed at this time.

·       US Markets: Banks Lead US Stock Slide, Extending Market's Losing Streak.

·       European markets: European markets finished lower on Monday with shares in France leading the region. The CAC 40 is down 0.62% while Germany's DAX is off 0.26% and London's FTSE 100 is lower by 0.10%.

·       Major Headlines of the day:

·         Ambuja Cements Q2 profit expected around Rs 271-350 crore, margin may grow 16%.

·         Rupee opens weak at 73.70 per dollar

·         Results to be announced today :- Adani Ports,Ambuja Cements,Bajaj Corp,Bajaj Finance,Bajaj Finserv,Escorts Finance,HCL Tech,HDFC Life,ICICI Prudential,MCX India,RBL Bank,TVS Motor,Zensar Tech..

·         Trend in FII flows:-  The FIIs were Net Value of Rs  -511.91 segments while the DIIs were Net Value of  303.21 per the provisional figures.

Securities in Ban For Trade Date 23-OCTOBER-2018

1.Adanient

2.Adanipower

3.Jetairways.

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