Sensex hits 38,000 for first time, Nifty opens at fresh record high

Capitalstars financial Research Pvt. Ltd.

Indian Indices:       
                                           Trends on SGX Nifty indicate a negative opening for the broader index in India, a fall of 4.5 points or 0.04 percent. Nifty futures were trading around 10,473-level on the Singaporean Exchange.The Sensex is up 117.47 points at 38,005.03, and the Nifty up 27.70 points at 11,477.70. About 671 shares have advanced, 348 shares declined, and 61 shares are unchanged.

All sectoral indices are trading in the green, with maximum gain seen in metal, energy and PSU banks.

HPCL, BPCL, IOC, Axis Bank, SBI, Hindalco, Vedanta, Selan Exploration are the gainers, while Lupin, Dr Reddy's Lab, Titan, Ashok Leyland, NMDC are on the losing side in the morning trade.

Global Market:

• Asian markets: Asian markets are higher today as Japanese and Hong Kong shares show gains. The Nikkei 225 is up 0.27%  while the Hang Seng is up 0.86%. The Shanghai Composite is not trading.

• US Markets: Tesla soars 11% on Musk’s going-private tweet.

• European markets: European markets finished mixed as of the most recent closing prices. The FTSE 100 gained 0.75%, while the CAC 40 led the DAX lower. They fell 0.35% and 0.12% respectively.

Major Headlines of the day:

• Results today :- 3M India,Apar Ind,Apollo Micro Sy,Arman Financial,Aurobindo Pharm,Bajaj Electric,Bharat Forge,Bliss GVS,Cera Sanitary,Coffee Day,Deccan Cements,Deepak Fert,Eicher Motors,EngineersInd,GNFC,Healthcare Glob,Ipca Labs,Jet Airways,Jindal Steel,Kaveri Seed,Liberty Shoes,Mcleod,MRF,Page Industries,PNB Housing Fin,Sudarshan Chem,Tata Comm,TV TodayNetwork,Venkys,Whirlpool,Zensar Tech.

Trend in FII flows:-  The FIIs were Net Value of Rs 568.63 cash segment while the DIIs were Net Value of  30.25 per the provisional figures.

Securities in Ban For Trade Date 09-AUGUST-2018

1.Adanipower
2.Jetairways
3.Adanient
4.PNB

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