Sensex off record highs, Nifty holds 11,100;

Capitalstars financial research pvt. ltd.

Indian Indices:           
                                            The Nifty futures on the Singaporean exchange were trading flat on Wednesday, pointing to a similar start on the market here as well. The futures were up 2 points.The Sensex has hit a fresh record high as well. The Nifty is well above 11,100, but is a good thirty points away from its record high. Metals have extended their rally from the previous sessions and a strong trade in the midcaps space is also aiding the market.

The Sensex is up 62.41 points or 0.17% at 36887.51, while the Nifty is up 7.20 points or 0.06% at 11141.50. The market breadth is positive as 389 shares advanced, against a decline of 106 shares, while 60 shares were unchanged.

Shares of Asian Paints are trading over 2.5 percent lower after its June quarter results. Oil marketing companies are taking a hit on the back of rising crude oil price.

Global Market:

• Asian markets- Asian markets are higher today as Japanese and Hong Kong shares show gains. The Nikkei 225 is up 0.45% while the Hang Seng is up 0.79%. The Shanghai Composite is not trading.

• US Markets: The tech-sector stock benchmark just logged its biggest reversal in 5 months

• European markets: European markets finished broadly higher today with shares in Germany leading the region. The DAX is up  1.12% while France's CAC 40 is up 1.04% and London's FTSE 100 is up 0.70%.

Major Headlines of the day:

• Results today :- Acrysil India, Ambuja Cements, Bharti Infratel, BHEL, Canara Bank, CG Consumer, Everest Ind, HCL Info, Hero Motocorp, IRB Infra, JSW Steel, Jubilant Food, Jyothy Labs, KPIT Tech, Larsen, Oriental Bank, PVR, Tata Elxsi.

•   Asia stocks gain on firmer Wall Street, China hopes; US yields elevated

• Indian rupee opens flat at 68.96 per dollar

• Trend in FII flows:-  The FIIs were Net Value of Rs  104.34 in the cash segment while the DIIs were Net Value of  513.78 as per the provisional figures.

 Securities in Ban For Trade Date 25-JULY-2018

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