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Monday 29 October 2018

Nifty likely to open flat 30-OCT-2018


Indian Indices:                           Trends on SGX Nifty indicate a negative opening for the broader index in India, a fall of 33.5 points or 0.33 percent. Nifty futures were trading around 11,242-level on the Singaporean Exchange.

Global Market:
·       Asian markets: Asian markets are higher today as Japanese and Hong Kong shares show gains. The Nikkei 225 is up 0.79% while the Hang Seng is up 0.05%. The Shanghai Composite is not trading.
·       US Markets: Asian markets mixed as U.S.-China trade tensions rear up again.
·       European markets: European markets finished broadly higher today with shares in London leading the region. The FTSE 100 is up 1.25% while Germany's DAX is up 1.20% and France's CAC 40 is up 0.44%.


·       Major Headlines of the day:

·        Union Bank to buy Rs 5,000 crore mortgage-backed retail loans from NBFCs.
·        Tech Mahindra Q2 preview: Likely to post steady numbers, weak rupee to boost revenue.
·       Oil prices fall on rising supply, global market woes.
·       Results to be announced today :- Bank of Baroda,Birla Corp,Cholamandalam,Container Corp,Dalmia Bharat,IDFC,JK Tyre & Ind,Merck,Motilal Oswal,Pidilite Ind,Tata Global Bev,Torrent Power,Unichem Labs,Vakrangee.

·         Trend in FII flows:The FIIs were Net Value of Rs  -2230.79 segment while the DIIs were Net Value of  2526.9 the provisional figures.


Securities in Ban For Trade Date 30-OCTOBER-2018

1.Adanipower


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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