Nifty consolidates ahead of F&O expiry; weak rupee lifts IT stocks

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Indian Indices
                                        Trends on SGX Nifty indicate a negative opening for the broader index in India, a fall of 17.5 points or 0.16 percent. Nifty futures were trading around 10,743-level on the Singaporean Exchange. Oil prices rose today, pushed up by supply disruptions in Libya and Canada and after US officials said all countries should stop Iranian crude imports from November.Brent crude futures were at $76.65 per barrel, up 0.45 percent, from their last close.US West Texas Intermediate (WTI) crude futures were at $70.78 a barrel, up 0.35 percent.

Global Market:

Asian markets- Asian markets are lower today as Japanese and Hong Kong shares fall. The Nikkei 225 is off 0.41% while the Hang Seng is down 0.47%. The Shanghai Composite is not trading.

US Markets: Markets sell-off led by tech stocks as U.S.-China trade war hits sectors

European markets: European markets finished mixed as of the most recent closing prices. The          FTSE 100 gained 0.37%, while the DAX led the CAC 40 lower. They fell 0.29% and 0.05%                respectively.

Major Headlines of the day:

Tech, energy lead Wall Street rebound as trade worries ease

ITC seeks shareholders’ nod to extend YC Deveshwar’s term

Sebi receives 8 counter bids for PACL group properties

The Nifty-50 index Futures continues to oscillate back and forth in a narrow range indicating              consolidation going on currently.

Trend in FII flows:-  The FIIs were Net Value of Rs  -538.4 in the cash segment while the DIIs were Net Value of Rs 238.05 as per the provisional figures.

Securities in Ban For Trade Date 28-JUNE-2018 :- 

1. DHFL
2. Infibeam
3. JP Associat
4. CG Power
5. IDBI
6. Wockpharma &
7. Jisljaleqs

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