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Tuesday, 30 October 2018

Nifty likely to open higher 31-OCt-2018


Indian Indices:                           Trends on SGX Nifty indicate a positive opening for the broader index in India, a gain of 70.5 points or 0.69 percent. Nifty futures were trading around 11,299-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 1.55% while the Hang Seng is up 0.63%. 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 finished mixed as of the most recent closing prices. The FTSE 100 gained 0.14%, while the DAX led the CAC 40 lower. They fell 0.42% and 0.22% respectively.

·       Major Headlines of the day:

·        L&T announces Q2 result today: Healthy order inflow expected to boost profit.
·        Rupee opens weak at 73.92 per dollar.
·       Results to be announced today :- Adani Enterprises,Adani Power,Ajanta Pharma,Bajaj Steel,Balrampur Chini,Canara Bank,Castrol,Dabur India,Dhampur Sugar,Escorts,HEG,Larsen,Lupin,Tata Motors,Vedanta.

·         Trend in FII flows:The FIIs were Net Value of Rs  -1592.02 segment while the DIIs were Net Value of  1363.04 the provisional figures.

Securities in Ban For Trade Date 31-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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