Sensex, Nifty give up gains after record high opening; The Nifty Midcap index has also erased all of its gains

capitalstars financial Research Pvt. Ltd.

Indian Indices:                    
                                         Equities are off to a record high start, following the rally on Monday. There is buying seen among all sectors, with banks being one of the top gainers. This is followed by IT, auto, pharamceuticals and metals, among others. The midcap index is also trading in the green.

The Sensex is up 77.31 points or 0.20% at 38356.06, while the Nifty is up 26.70 points or 0.23% at 11578.50.  The market breadth is positive as 405 shares advanced, against a decline of 140 shares , while 51 shares are unchanged.

Among stocks, ONGC, Vedanta, HCL Tech and Tech Mahindra are the top gainers, while Airtel, Power Grid, and ICICI Bank are the top losers.

Global Market:

•    Asian markets: Asian markets are higher today as Japanese and Hong Kong shares show gains. The Nikkei 225 is up 0.03%  while the Hang Seng is up 0.51%. The Shanghai Composite is not trading.

•    US Markets: U.S. stocks close higher for third session as billion-dollar deals shore up confidence.

•    European markets: European markets finished higher today with shares in Germany leading the region. The DAX is up 0.99%  while France's CAC 40 is up 0.65% and London's FTSE 100 is up 0.43%. 

Major Headlines of the day:

•    MCA probes Jet Airways on suspicion of siphoning funds: Sources.

•    Asia stocks capped, dollar droops following Trump comments.


Trend in FII flows:-  The FIIs were Net Value of Rs -483.04 cash segment while the DIIs were Net Value of  593.22 per the provisional figures.

Securities in Ban For Trade Date 21-AUGUST-2018

1.Adanipower
2.Jisljaleqs
3.Raymond.

for more update you can contact us :

CapitalStars Financial Research                     Forex trading tips                                                                                                        stock market tips                                                                                                                 Share Tips Expert 
 

Get free trial Click here: http://www.capitalstars.com/free-trial 

www.capitalstars.com |T:+91-9977499927