Domestic bourses are expected to start the day in green on Tuesday amid firm global cues. Apart from global cues, investors will react to the Q1 earnings from index majors Tata Motors, L&T, Axis Bank and Vedanta that can result in stock-specific moves.
Further, traders could choose to adopt a more cautious approach ahead of the US Fed's policy meeting later today. All eyes will be on whether the central bank expresses any new concerns about high inflation.
On the result front, Over 60 companies, including IndiGo, IndusInd Bank, DRL are slated to post their quarterly numbers today.
On Monday, the 30-share benchmark index ended at 52852.27 down by -123.53 points or by -0.23 % and then NSE Nifty was at 15824.45 down by -31.6 points or by -0.2 %.
On the global front, In the overnight session, all three major US stock indices eked out record closing highs for a second straight session as investors were optimistic heading into a slew of earnings from heavyweight technology and internet names this week. The Dow Jones Industrial Average and S&P 500 closed 0.24% higher each and the Nasdaq Composite added 0.03%.
In Asia, most markets gained and even Chinese and Hong Kong indices stabilised. Japan’s Topix index added 0.6%, Australia’s S&P/ASX 200 index rose 0.4%, South Korea’s Kospi index increased 0.8% and Hong Kong’s Hang Seng and China’s Shanghai Composite indices added 0.2% each.
Back home, Top traded Volumes on NSE Nifty – ITC Ltd. 47263771.00, ICICI Bank Ltd. 31054759.00, Tata Motors Ltd. 27502360.00, JSW Steel Ltd. 14645713.00, State Bank of India 14037519.00,
On NSE, total number of shares traded was 30.09 Crore and total turnover stood at Rs. 61528.46 Crore.
On NSE Future and Options, total number of contracts traded in index futures was 264233 with a total turnover of Rs. 21981.74 Crore. Along with this total number of contracts traded in stock futures were 1594203 with a total turnover of Rs. 128898.70 Crore. Total numbers of contracts for index options were 37707706 with a total turnover of Rs. 3180403.82 Crore. and total numbers of contracts for stock options were 3292613 with a total turnover of Rs. 272827.14 Crore.
The FIIs on 26/07/2021 stood as net buyer in equity and debt. Gross equity purchased stood at Rs. 7647.86 Crore and gross debt purchased stood at Rs. 664.93 Crore, while the gross equity sold stood at Rs. 7862.97 Crore and gross debt sold stood at Rs. 425.13 Crore. Therefore, the net investment of equity and debt reported were Rs. -215.11 Crore and Rs. 239.80 |