MARKETS

BSE Prices delayed by 5 minutes... Prices as on Apr 23, 2018   ABB India 1332.65 [ 4.00% ]ACC 1567.6 [ 0.13% ]Ambuja Cements Ltd. 247.05 [ 0.28% ]Asian Paints Ltd. 1178.6 [ 1.68% ]Axis Bank Ltd. 506.45 [ 0.12% ]Bajaj Auto Ltd. 2854.05 [ 0.02% ]Bank of Baroda 144.1 [ 0.49% ]Bharti Airtel 403.65 [ 0.72% ]Bharat Heavy Ele 89.15 [ 0.06% ]Bharat Petroleum 380.7 [ 2.42% ]Britannia Ind. 5323.85 [ -0.06% ]Cairn India Ltd. 285.4 [ 0.90% ]Cipla 599.35 [ 1.96% ]Coal India Ltd. 289.2 [ -0.98% ]Colgate Palm. 1104.95 [ 0.53% ]Dabur India 357.45 [ 0.92% ]DLF Ltd. 211.75 [ 0.43% ]Dr. Reddy's Labs 2133.85 [ 0.63% ]GAIL (India) Ltd. 332.1 [ 0.67% ]Grasim Inds. 1087.65 [ -1.22% ]HCL Technologies 1082.6 [ 1.85% ]HDFC 1831 [ -0.04% ]HDFC Bank 1933.05 [ -1.42% ]Hero MotoCorp 3717.75 [ -0.72% ]Hindustan Unilever L 1451.25 [ -0.97% ]Hindalco Indus. 255.75 [ -2.39% ]ICICI Bank 279.55 [ -0.85% ]IDFC L 53.65 [ -0.37% ]Indian Hotels Co 149.5 [ 1.77% ]IndusInd Bank 1875.6 [ 3.40% ]Infosys 1183.35 [ 0.43% ]ITC Ltd. 275.15 [ -0.29% ]Jindal St & Pwr 249.75 [ -0.74% ]Kotak Mahindra Bank 1170.6 [ 1.40% ]L&T 1360.45 [ -0.24% ]Lupin Ltd. 811.7 [ 1.67% ]Mahi. & Mahi 822.5 [ 2.74% ]Maruti Suzuki India 9061.3 [ 0.27% ]MTNL 20.3 [ 2.27% ]Nestle India 8924.45 [ -2.63% ]NIIT Ltd. 117.25 [ 7.47% ]NMDC Ltd. 123.9 [ 0.77% ]NTPC 173.55 [ -0.40% ]ONGC 180.9 [ -0.80% ]Punj. NationlBak 94.15 [ 0.59% ]Power Grid Corpo 206.85 [ -0.22% ]Reliance Inds. 935.15 [ 0.77% ]SBI 242.7 [ 0.54% ]Vedanta 305 [ -1.10% ]Shipping Corpn. 72.6 [ -1.69% ]Sun Pharma. 514.2 [ 1.74% ]Tata Chemicals 731.5 [ -0.29% ]Tata Global Beverage 283 [ -1.07% ]Tata Motors Ltd. 333.5 [ -0.82% ]Tata Steel 605.7 [ -0.11% ]Tata Power Co. 85.25 [ -0.70% ]Tata Consultancy 3415.2 [ 0.26% ]Tech Mahindra Ltd. 702.15 [ 0.19% ]UltraTech Cement 4138.55 [ 1.44% ]United Spirits 3489 [ 0.95% ]Wipro Ltd 296.85 [ -0.50% ]Zee Entertainment En 593.8 [ 1.14% ]

MARKET COMMENTARY

(Apr-23-2018 08:27)
Indian equities are likely to start week on bearish note on Monday, tracking weak cues from Nifty futures on the Singapore Stock Exchange and mixed trend across the Asian markets. Overseas, Asian stocks were trading mostly lower following negative closing of US shares indexes on Friday due to fall in Apple shares. The investors also remained concerned about rising US Treasury yields. Back home, bearish trend in the SGX Nifty Index Futures for April delivery, which was trading at 10,566.50, down 70.50 points, or 0.66 per cent, at 10:50 AM Singapore time, also signaled a negative start for local bourses. The market may see some volatility as April Future & Option contract expiry is due this week, while ongoing tussle between OPEC nation and US over rising crude prices may also affect stock market. On the corporate front, shares of HDFC Bank will remain in focus after private sector lender reported 20.3 per cent year-on-year rise in its standalone net profit at Rs 4,799.3 crore for the quarter ended on March 31, 2018. On the earning front, Bharat Financial Inclusion, Bharati Infratel, Cholamandalam Finance, Delta Corp, GNFC, LIC Housing Finance and Reliance Infra, will announce their quarterly results today.

On Friday, the Indian equities closed marginally lower, paring early losses, on Friday, tracking weak cues from Asian peers, as gain in IT and Teck stocks were offset by loss in realty and bankex index. The market sentiment was dented by hawkish comment from the RBI minutes which indicated that members of the Monetary Policy Committee (MPC) were worried as to whether growth could sustain even as inflation fears persisted, signaling interest rate hike in near future. The traders also reacted to IMF chief Christine Lagarde comment who said she does not expect the pace of economic reforms in India to continue in an election year. The 30-share benchmark index closed trade at 34415.58, down by 11.71 points or by 0.03 per cent, and the NSE Nifty ended at 10564.05, down by 1.25 points or by 0.01 per cent.

Top traded volumes on NSE Nifty were Hindalco Industries Ltd. 23314520.00, YES Bank Ltd. 21800867.00, ICICI Bank Ltd. 19745690.00, State Bank of India 15546939.00, Vedanta Ltd. 13535858.00.

On NSE, total number of shares traded was 135.67 Crore and total turnover stood at Rs. 34021.46 Crore.

On NSE Future and Options, total number of contracts traded in index futures was 214526 with a total turnover of Rs. 18768.59 Crore. Along with this total number of contracts traded in stock futures were 958158 with a total turnover of Rs. 71286.49 Crore. Total numbers of contracts for index options were 4820313 with a total turnover of Rs. 421190.28 Crore and total numbers of contracts for stock options were 974137 with a total turnover of Rs. 76147.47 Crore.

As on April 20, the FIIs stood as net seller in both equity and debt segments. Gross equity purchased stood at Rs. 4857.16 Crore and gross debt purchased stood at Rs. 921.04 Crore, while the gross equity sold stood at Rs. 5503.73 Crore and gross debt sold stood at Rs. 2872.29 Crore. Therefore, the net investment of equity and debt reported were Rs. -646.57 Crore and Rs. -1951.25.
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