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Wednesday, 31 October 2018

Nifty likely to open higher 1-NOV-2018


Indian Indices:                           Trends on SGX Nifty indicate a positive opening for the broader index in India, a rise of 35.5 points or 0.34 percent. Nifty futures were trading around 11,422-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 0.78% while the Hang Seng is up 1.58%. The Shanghai Composite is not trading.
·       US Markets: Stock market turns negative amid report that U.S. set to impose tariffs on all remaining Chinese imports.
·       European markets: European markets closed sharply higher today with shares in France leading the region. The CAC 40 is up 2.31% while Germany's DAX is up 1.42% and London's FTSE 100 is up 1.31%.


·       Major Headlines of the day:

·        L&T Govt call for special treatment of NBFCs may be unwarranted as liquidity easing.
·        Rupee New board to execute IL&FS' revival plan in 6-9 months.
·       Results to be announced today :- Arvind,Bajaj Electric,Berger Paints,DLF,GNFC,HDFC,HPCL,IIFL Holdings,Marico,Tata Comm.

·         Trend in FII flows:The FIIs were Net Value of Rs  -193.65 segment while the DIIs were Net Value of  1124.92 the provisional figures.


Securities in Ban For Trade Date 01-NOVEMBER-2018

NIL

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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