Sensex continues to trade flat, Nifty manages to hold 11,700; midcaps outperform

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Indian Indices:      
                                        Following days of rally in the market, benchmarks have taken a pause on Wednesday morning. The Sensex and Nifty are trading flat, with the latter managing to hold 11,700-mark. The Bank Nifty is trading flat, but PSU bank index is higher by around half a percent.

The Sensex is up 0.55 points or 0.00% at 38897.18, while the Nifty is down 6.00 points or 0.05% at 11732.50. The market breadth is positive as 1,046 shares advanced, against a decline of 626 shares, while 98 shares were unchanged.

Global Market:

•    Asian markets: Asian markets are higher today as Japanese and Hong Kong shares show gains. The Nikkei 225 is up 0.68% while the Hang Seng is up 0.22%. The Shanghai Composite is not trading.

•    US Markets: Markets welcome Trump's new US-Mexico trade deal - as it happened.

•    European markets: European markets finished mixed as of the most recent closing prices. The FTSE 100 gained 0.52% and the CAC 40 rose 0.11%. The DAX lost 0.09%.

Major Headlines of the day:

•    LIC to buy 14.9% stake in IDBI Bank via preferential issue.
•    Asian shares, dollar becalmed awaiting trade news.

Trend in FII flows:-  The FIIs were Net Value of Rs -161.05 cash segment while the DIIs were Net Value of  -199.28 per the provisional figures.

Securities in Ban For Trade Date 29-AUGUST-2018


1.Jisljaleqs
2.DHFL
3.IDBI
4.PNB

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