The market is likely to open marginally higher on Friday as the SGX Nifty indicates a positive start for the broader index, with a gain of 35 points after opening the session at 18,744 points. SGX futures touched a high of 18,798 in early trade on June 9.
Among individual stocks, IHCL will be in focus as the company signed first hotel in Kumbalgarh, Rajasthan, and it will later be converted and rebranded into IHCL – SeleQtions hotel.
Meanwhile, Inox Wind has bagged an order for a 100 MW wind power project from ABEnergia Renewables, an independent power producer.
On Thursday, the 30-share benchmark index ended at 62848.64 down by -294.32 points or by -0.47 % and then NSE Nifty was at 18634.55 down by -91.85 points or by -0.49 %.
On the gobal front, a broad-based rally in US markets overnight helped the S&P 500 index notch its highest close so far this year. Other averages - Dow Jones, and NASDAQ Composite indices surged up to 1 per cent.
Asia-Pacific markets, too, climbed higher this morning, with Nikkei 225, Kospi, and the S&P 200 indices gaining up to 1 per cent.
Back home, Top traded Volumes on NSE Nifty – Tata Steel Ltd. 46380294.00, NTPC Ltd. 27382635.00, Tata Motors Ltd. 21527339.00, HDFC Bank Ltd. 18697761.00, ICICI Bank Ltd. 17608140.00,
On NSE, total number of shares traded was 36.08 Crore and total turnover stood at Rs. 60525.87 Crore.
On NSE Future and Options, total number of contracts traded in index futures was 275372 with a total turnover of Rs. 27582.63 Crore. Along with this total number of contracts traded in stock futures were 804899 with a total turnover of Rs. 59797.70 Crore. Total numbers of contracts for index options were 444223138 with a total turnover of Rs. 46210570.18 Crore. and total numbers of contracts for stock options were 3717102 with a total turnover of Rs. 286951.96 Crore.
The FIIs on 08/06/2023 stood as net buyer in equity and debt. Gross equity purchased stood at Rs. 9609.15 Crore and gross debt purchased stood at Rs. 377.10 Crore, while the gross equity sold stood at Rs. 8165.16 Crore and gross debt sold stood at Rs. 227.92 Crore. Therefore, the net investment of equity and debt reported were Rs. 1443.99 Crore and Rs. 149.18 |