Nifty below 11,300, Sensex down 200 points; PSU banks, metal

Capitalstars Financial Research Pvt Ltd

Indian Indices: 
                                         Trends on SGX Nifty indicate a positive opening for the broader index in India, a rise of 22.5 points or 0.2 percent. Nifty futures were trading around 11,399.50- level on the Singaporean Exchange.The benchmark indices extended their fall after lower opening. The Nifty slipped below 11,300 mark and Sensex also down over 200 points trading at 37,269.Among the sectors, metal, PSU bank and auto are down over 1 percent.

Vedanta, Yes Bank, Tata Steel, Tata Motors, Maruti Suzuki are the top losers on the Sensex.

Global Market:

• Asian markets: Asian markets are lower today as Japanese and Hong Kong shares fall. The Nikkei 225 is off 0.40% while the Hang Seng is down 1.78%. The Shanghai Composite is not trading.

• US Markets: U.S. stocks close mostly lower as Fed stands pat; Apple buoys tech shares.

• European markets: European markets finished broadly lower today with shares in London leading the region. The FTSE 100 is down 1.24% while Germany's DAX is off 0.53% and France's CAC 40 is lower by 0.23%.

Major Headlines of the day:

• Results today :- Capital First,GIC Housing Fin,Godrej Prop,Indiabulls Hsg,JK Lakshmi Cem,Mahindra Holida,Mahindra   Logist,Manpasand Bever,Marico,Megastar Foods,ONGC,Pioneer Invest,Ramco Cements,Ramco System,Ramcoind,Rane Holdings,Summit Sec,Time Techno,Torrent Pharma,Transport Corp,UP Hotels.

• RBI hikes rates by 25 bps.

• GST collections at Rs 96,483 crore in July, higher than June but still short of Rs 1 lakh-cr mark.

• Trend in FII flows:-  The FIIs were Net Value of Rs  -95.94 in the cash segment while the DIIs were Net Value of 562.33 per the provisional figures.

Securities in Ban For Trade Date 02-AUGUST-2018

NIL

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