Nifty likely to open flat
The Nifty50 is likely to open flat on Monday following muted trend seen in other Asian markets. The index closed 22 points lower at 11,035 on Friday. Trends on SGX Nifty indicate a negative opening for the broader index in India, a fall of 22.5 points or 0.2 percent. Nifty futures were trading around 11,035-level on the Singaporean Exchange. Wall Street's main indexes fell for a fifth straight session on Friday and posted their biggest weekly declines since the market tumbled at the end of 2018, as a weak US jobs report ignited more concerns about the global economy, said a Reuters report. Asian shares pulled back on Monday after US employment data raised doubts about the strength of the global economy while investor jitters ahead of crucial Brexit votes in the UK parliament this week weighed on the pound.
Global Market:
Asian Markets: Asian markets are higher today as Chinese and Hong Kong shares show gains. The Shanghai Composite is up 1.48% while the Hang Seng is up 0.70%. The Nikkei 225 is not trading.
US Markets: North and South American markets finished mixed as of the most recent closing prices. The Bovespa gained 1.09%, while the S&P 500 led the IPC lower. They fell 0.21% and 0.13% respectively.
European Markets: European markets finished lower on Friday with shares in London leading the region. The FTSE 100 is down 0.74% while France's CAC 40 is off 0.70% and Germany's DAX is lower by 0.52%.
Major Headlines of the day:
Rupee opens at 70.00 per dollar.
NCLT admits ICICI Bank�s insolvency plea against Punj Loyd over Rs854cr default Punj Loyad has total debt of ~Rs6,000cr, in which ICICI Bank had debt of ~Rs854cr.
Sun TV approves dividend of Rs2.5/share This is the fourth interim dividend disbursed by the company in the current fiscal year.
Trend in FII flows:- The FIIs were Net Value of Rs 1095.06 segment while the DIIs were Net Value of -470.7 the provisional figures.
Securities in Ban For Trade Date 11-MAR-2019
1.RPOWER
2.IDBI
3.JETAIRWAYS
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