Nifty likely to open flat Asian stocks open mixed; Fortis in news; HUL earnings today

Nifty likely to open flat Asian stocks open mixed; Fortis in news; HUL earnings today

Indian Indices:                       

The Nifty50 is expected to open flat on Monday following muted trend seen in other Asian markets and SGX. The Nifty50 closed 89 points higher at 10,806 on Friday. Trends on the Nifty futures on the Singaporean Exchange indicate a flat opening for the market, with a hint of a negative bias. SGX Nifty was trading around 10,800 levels, a change of five points on the lower side.

Capitalstars, SEBI Registered ,Financial advisory company,Stock Tips, Share Tips, Commodity Tips
capitalstars financial research pvt. ltd.

Global Market:

Asian markets- Asian markets are higher today as Japanese and Hong Kong shares show gains. The Nikkei 225 is up 0.24% while the Hang Seng is up 1.36%. The Shanghai Composite is not trading.

US Markets: Dow Jones futures rose 0.5% vs. fair value. S&P 500 futures climbed 0.4%. Nasdaq futures advanced 0.5%. The Dow Jones industrial average, S&P 500 index and Nasdaq composite all rose more than 2% last week, with the Dow Jones and S&P 500 reclaiming their 50-day moving averages.

European markets- European markets finished mixed as of the most recent closing prices. The FTSE 100 gained 0.31%, while the DAX led the CAC 40 lower. They fell 0.17% and 0.07% respectively.


Major Headlines of the day:

Ashoka Buildcon executed a concession agreement with NHAI

Canara Bank: Sharp rise in provisions widens the bank’s net loss to Rs 4,859 crore.

Federal Bank and its subsidairy entered into definitive agreements for Fedfina to issue fresh equity shares

Infosys: Ravi Venkatesan steps down as Independent Director 'to pursue a new role'.

Graphite India: Net profit soars to Rs 453.7 crore

Dena Bank: RBI restricts bank from assuming fresh credit exposure & recruitment of staff

JK Cement to raise fund by issue of secured/redeemable NCDs for an amount upto Rs 500 crore during 2018-19

Oriental Bank of Commerce: Net loss for Q4 widens to Rs 1,650 crore

Allahabad Bank approved raising of equity capital aggregating upto Rs 1900 crore through various modes

Trend in FII flows:-  The FIIs were Net Value of Rs  -325.44 the cash segment FRIDAY while the DIIs were Net Value of Rs 1163.35 as per the provisional figures.


TODAY ON EARNING FRONT:-   HUL, SHAILY ENGG, BLUESTAR, GODREJ AGROVET, BALAJI AMINES, AWADH SUGAR, BOMBAY DYEING, JK PAPER

Securities in Ban For Trade Date 14-MAY-2018 :-

1. BALRAMCHIN
2. DHFL
3. IRB
4. JETAIRWAYS
5. WOCKHARDT

for more update you can contact us :

CapitalStars Financial Research                     Forex trading tips                                                                                                        stock market tips                                                                                                                 Share Tips Expert 

Get free trial Click here: http://www.capitalstars.com/free-trial

www.capitalstars.com |T:+91-9977499927 , 07316690000

No comments:

Post a Comment