Nifty likely to open flat.
The Nifty50 is expected to open flat on Wednesday following Asia markets which were trading cautiously amid hints of progress in the Sino-U.S. trade talks. Overnight, S&P 500 and Nasdaq approached record highs, lifted by upbeat quarterly reports from Coca-Cola and United Technologies, said a Reuters report. Trends on SGX Nifty indicate a flat-to-negative opening for the broader index in India, a fall of 2 points or 0.02 percent. Nifty futures were trading around 11,322-level on the Singaporean Exchange. The S&P BSE Sensex fell 48 points to 37,982 while the Nifty50 closed 15 points lower at 11,331 on Tuesday.
Global Market:
Asian Markets: Asian markets are higher today as Chinese and Hong Kong shares show gains. The Shanghai Composite is up 1.15% while the Hang Seng is up 0.92%. The Nikkei 225 is not trading.
US Markets: North and South American markets finished mixed as of the most recent closing prices. The S&P 500 gained 0.68%, while the IPC led the Bovespa lower. They fell 0.66% and 0.24% respectively.
European Markets: European markets finished broadly higher today with shares in Germany leading the region. The DAX is up 1.64% while France's CAC 40 is up 0.92% and London's FTSE 100 is up 0.56%.
Major Headlines of the day:
Rupee stands at 69.09 per dollar.
Torrent Pharma's PAT rises 32.51% to Rs216cr in Q1FY20 Its consolidated revenue from operations stood at Rs2,022cr vs. Rs1,872cr yoy.
Praj Industries' Q1FY20 sales rise 10%, PAT up 151% yoy Income from operations stood at Rs211.60cr vs. Rs191.60 in Q1FY19.
Bharti Infratel Q1FY20E Result Expectation We expect rental revenues to decline as VIL continues to trim tower count. Bharti Airtel additions is unlike to make up for VIL exits.
Earnings Reaction To Watch
ASIANPAINTS
BHARTI INFRATEL
CANARA BANK
ICICI PRUDENTIAL
IDFC FIRST BANK
JUBILANT FOOD
OBEROI REALTY
SHRIRAM TRANS
V GUARD
Trend in FII flows:- The FIIs were Net Value of Rs -2607.97 segment while the DIIs were Net Value of 2625.10 the provisional figures.
Securities in Ban For Trade Date 24-JULY-2019
DISHTV
IDBI
Financial
Advisory Company in Indore, Stock
Advisory Company in Indore, Equity Tips, FreeTrading Tips , MCX Tips, sebi registered advisory company, Intraday
stock tips, Free
commodity tips
0 comments:
Post a Comment