Market Indices Looks Positive
Indian Indices:
Indian markets are expected to trade with a positive bias continuing the positive momentum of the last few trading sessions. Indian markets are expected to trade with a positive bias continuing the positive momentum of the last few trading sessions on account of declining bond yields and expectation of positive Q4 results.Global Market:
• Major Asian markets are trading marginally higher, Nikkei is up 0.19%, Hang Seng is up 0.24% while Shanghai Composite is trading 0.45% higher.• US Markets: Stocks failed to sustain the early gains after opening noticeable higher.
• European markets ended in the green yesterday with the FTSE closing 0.15% lower, CAC ended up 0.10% while the DAX ended 0.17% higher. However, on closing, European stocks closed in green but trimmed earlier gains of as much as 0.6%, as a stronger euro weighed on exporters.
 |
| Capitalstars financial research pvt ltd |
Major Headlines of the day:
• Wipro: Telecom client in India filed petition to initiate CIRP with NCLT. Company likely to see negative impact of 65-75 bps on net income level.
• HealthCare Global Enterprises approved the allotment of 9,34,500 equity shares at Rs 321 per share on Preferential basis to promoter of the company
• ICICI Bank: Fitch has said that allegations pose reputational risks and will take appropriate action if risks to reputation and financial profile rise
• IDFC Bank: The lender has cut MCLR across all tenors by 5bps effective April 8
• Super Crop Safe board meeting on April 17 to consider issue of equity shares and convertible warrants on preferential allotment basis.
Trend in FII flows:
The FIIs were Net Value of Rs -1300.93 the cash segment Monday while the DIIs were Net Value of Rs 359.35 as per the provisional figures.
Securities in Ban For Trade Date 10-APR-2018:1. Jet airways
For more update you can contact us :
www.capitalstars.com |T:+91-9977499927
www.capitalstars.com |T:+91-9977499927
No comments:
Post a Comment