DOWNLOADS   |   CONTRACT NOTES   |   KYC ENTRY   |   IDEA SUBSCRIBER   |   CAREERS   |   FEEDBACK   |   EMAIL
Equity
Pre-Session Detailed News
Markets  >  Equity  >  News  > Pre-Session
Back
Market may edge higher in early trade
12-Jan-17   08:32 Hrs IST

Market may edge higher in early trade tracking positive global cues. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 26 points at the opening bell.

Finance Minister Arun Jaitley, in his address on the second day of vibrant Gujarat Global Investors Summit yesterday, 11 January 2017, on demonetization, said that difficult decisions initially pass through difficult phases as historic decisions have temporary pain attached to them. Stressing the implementation of the Goods and Services Tax (GST), Jaitley said that most of the issues have been resolved, few critical issues are left which will be resolved in the next few weeks. He further added that GST Council is deliberative democracy in action and the impact of both GST and demonetization will be felt this year.

Overseas, Asian equities edged higher amid positive closing on the Wall Street overnight. US stocks registered modest gains yesterday, 11 January 2017, shrugging off a sharp decline in health care stocks following remarks made by President-elect Donald Trump.

Trump held his first press conference since winning the presidency yesterday, 11 January 2017, touching on many of the issues that will dominate the opening weeks of his presidency. Looming over the proceedings was a newly-published, and entirely unverified, dossier claiming the Russian government had collected compromising information on him.

The President-elect said Obamacare would be repealed and replaced “on the same day” and a Supreme Court justice would be chosen “within two weeks” of his inauguration. He also reaffirmed commitments to build a wall on the border with Mexico and said he would bring in a border tax for companies that chose to move operations offshore.

Closer home, foreign portfolio investors (FPIs) sold shares worth a net Rs 627.30 crore yesterday, 11 January 2017, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 1116.15 crore yesterday, 11 January 2017, as per provisional data.

Among corporate news, software major TCS is scheduled to announce Q3 December 2016 earnings today, 12 January 2017.

NTPC announced that its board has accorded investment approval for Dulanga coal mining project having rated production capacity of 7 million tonnes per annum (MTPA) at an appraised estimated cost of Rs 1053.41 crore.The announcement was made after market hours yesterday, 11 January 2017.

Adani Ports and Special Economic Zone (APSEZ) said that its Finance Committee has executed the agreements pertaining to issuance of fixed rate senior unsecured notes (Notes) instead of the draft of the aforesaid agreements being approved by the Finance Committee in the earlier meeting. The announcement was made before market hours today, 12 January 2017.

APSEZ announced on 10 January 2017 that pursuant to the powers delegated to the Finance Committee by the board of directors of the company, the Finance Committee had reviewed and approved the preliminary offering circular in relation to the proposed issuance of foreign currency denominated bonds (Notes) in US dollars by the company. The issuance of notes offering may follow, subject to market conditions.

Key benchmark indices registered impressive gains on positive global cues yesterday, 11 January 2017. The Sensex had risen 240.85 points or 0.9% to settle at 27,140.41, its highest closing level since 10 November 2016.

Powered by Capital Market - Live News

IMPORTANT LINKS
   Terms and Conditions    NSE Arbitration Rules    RMS Policy    Investor Protected NSE
   Disclaimer    Investor Protection    Do's & Dont's    Investor Grievances
   Privacy Policy    PMLA Policy    Broker Norm    Policies & Procedures
USEFUL LINKS
   NSE / BSE    MCX / NCDEX
   SEBI    RBI
   CDSL    NSDL
In case of any grievances please write to clientnse@adroitfinancial.com, investorgrievance@adroitfinancial.com
NSE SEBI. Cash: INB 230853830  |  NSE SEBI F&O INF 230853830  |  NSDL: IN-DP-NSDL-236-2003  |  NCDEX-CO-04-00159  |  CDSL - IN-DP-CDSL-364-2006  |
MCX-SX INE260853830  |  NSE CURR INE230853830  |  BSE- INB011228336  |  MCX - 10825
Copyright © 2014 Adroit Financial Services Designed, developed and content provided by C-MOTS Infotech (ISO 9001:2015 certified)
BSE NSE
Monday, July 24, 2017    
Adani Ports :   387.20    [5.85]   |  
 
Asian Paints :   1156.05    [0.20]   |  
 
Axis Bank :   534.30    [-5.90]   |  
 
Bajaj Auto :   2826.85    [11.85]   |  
 
Bharti Airtel :   420.20    [9.05]   |  
 
Cipla :   569.55    [3.45]   |  
 
Coal India :   261.35    [-0.90]   |  
 
Dr Reddy's Lab... :   2692.40    [-67.35]   |  
 
H D F C :   1635.00    [-6.60]   |  
 
HDFC Bank :   1734.55    [31.20]   |  
 
Hero Motocorp :   3691.15    [11.50]   |  
 
Hind. Unilever :   1157.80    [-0.75]   |  
 
ICICI Bank :   302.95    [1.75]   |  
 
Infosys :   991.20    [11.30]   |  
 
ITC :   293.20    [4.70]   |  
 
Kotak Mah. Ban... :   991.60    [-7.05]   |  
 
Larsen & Toubr... :   1178.55    [-0.60]   |  
 
Lupin :   1142.65    [-0.20]   |  
 
M & M :   1388.50    [5.45]   |  
 
Maruti Suzuki :   7551.90    [24.30]   |  
 
NTPC :   164.05    [-0.30]   |  
 
O N G C :   163.20    [-1.35]   |  
 
Power Grid Cor... :   216.85    [1.40]   |  
 
Reliance Inds. :   1616.10    [29.90]   |  
 
St Bk of India :   294.45    [4.10]   |  
 
Sun Pharma.Ind... :   571.30    [-5.30]   |  
 
Tata Motors :   463.60    [-1.00]   |  
 
Tata Motors-DV... :   273.95    [-0.65]   |  
 
Tata Steel :   547.45    [-5.15]   |  
 
TCS :   2532.65    [41.75]   |  
 
Wipro :   291.80    [5.40]   |