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Thursday, 6 December 2018

Nifty likely to open higher 07-DEC-2018


Indian Indices:                           Trends on SGX Nifty indicate that the index will open 51 points (0.48 per cent) higher in India. Nifty futures were trading around 10,675 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 0.10% while the Hang Seng is up 0.16%. The Shanghai Composite is not trading.
·       US Markets: The Dow just slashed a 785-point plunge, marking its most stunning reversal since March.
·       European markets: European markets finished sharply lower today with shares in Germany leading the region. The DAX is down 3.48% while France's CAC 40 is off 3.32% and London's FTSE 100 is lower by 3.15%.

·       Major Headlines of the day:

·       The total market capitalisation of BSE listed fell by Rs 2.28 lakh crore.
·       Cabinet approves sale of govt stake in REC to PFC, agriculture export policy
·       Govt contribution to NPS to rise to 14%.
·       Exit polls reaction to be seen on Monday in market.



·         Trend in FII flows:The FIIs were Net Value of Rs  72.47 segment while the DIIs were Net Value of  -389.78 the provisional figures.

Securities in Ban For Trade Date 07-DECEMBER-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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