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Sunday, 28 October 2018

Nifty likely to open higher 29-OCT-2018



Indian Indices:                           Trends on SGX Nifty indicate a positive opening for the broader index in India, a rise of 56 points or 0.56 percent. Nifty futures were trading around 10,103-level on the Singaporean Exchange.

Global Market:
·       Asian markets: Trends on SGX Nifty indicate a positive opening for the broader index in India, a rise of 56 points or 0.56 percent. Nifty futures were trading around 10,103-level on the Singaporean Exchange.
·       US Markets: But for some on Wall Street, the third-quarter GDP report released on Friday was the latest in a string of mixed signals that show the economic expansion has peaked and could start slowing as early as next year.
·       European markets: European markets finished broadly lower on Friday with shares in France leading the region. The CAC 40 is down 1.29% while Germany's DAX is off 0.94% and London's FTSE 100 is lower by 0.92%.


·       Major Headlines of the day:

·        RBI Governor Urjit Patel to brief parliamentary panel on demonetisation on November 12.
·        PM Narendra Modi hold informal talks with Shinzo Abe; visits factory of industrial robot manufacturer.
·       Flipkart Internet narrows losses to Rs 1,160.6 crore for FY18.
·        Results to be announced today :- BPCL,Colgate,Chennai petro,DCM Shriram,Granules,HDFC AMC,Just dial,Kpr mill,KRBL,LIChsgfin,Sun Pharma Adv,Tata Power,Union Bank,Vijaya bank.


·         Trend in FII flows:The FIIs were Net Value of Rs  -1356.66 segment while the DIIs were Net Value of  1875.89 the provisional figures.


Securities in Ban For Trade Date 29-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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