Sensex trades flat after subdued opening, Nifty around 11,400

Capitalstars Financial Research Pvt. Ltd. 

Indian Indices:     
                                             Trends on SGX Nifty indicate a positive opening for the broader index in India, a rise of 5 points or 0.04 percent. Nifty futures were trading around 11,431-level on the Singaporean Exchange.The midcap index, too, is trading flat right now. Among stocks, shares of Mphasis have fallen over 3 percent even as it reported 38 percent growth in net profit and announced a buyback. Asian Paints, ONGC, Zee Entertainment and Hindalco were the top gainers, while ICICI Bank, Axis Bank, HPCL and BPCL have lost the most.

The Sensex is up 1.28 points or 0.00% at 37667.08, while the Nifty is down 1.20 points or 0.01% at 11388.30. The market breadth was narrow as 921 shares advanced, against a decline of 784 shares, while 88 shares are unchanged.

Global Market:

• Asian markets: Asian markets are higher today as Japanese and Hong Kong shares show gains. The Nikkei 225 is up 0.39% while the Hang Seng is up 0.15%. The Shanghai Composite is not trading.

• US Markets: Stocks close higher as earnings news trumps trade-war fear; Tesla soars 11% on Musk’s going-private tweet.

• European markets: European markets finished higher today with shares in France leading the region. The CAC 40 is up 0.81% while London's FTSE 100 is up 0.71% and Germany's DAX is up 0.40%.

Major Headlines of the day:

• Results today :- 8K Miles Soft,20 Microns,Abhinav Capital,APL Apollo,Apollo Pipes,Balrampur Chini,BEML,Blue Star,BPCL,Centum Electron,Cipla,City Union Bank,EID Parry,Emami Infra,Forbes Gokak,Gabriel India,Goodyear,Greenply Ind,Hindoostan Mill,Hitech Corp,HPCL,Indian Bank,IVP,JL Morison,Lakshmi Elec,Lupin,Minda Corp,Natco Pharma,NDTV,NESCO,NMDC,PanasonicCarbon,PNB Housing Fin,S Chand and Co,Sadbhav Infra,Siemens,Thermax.

•   Trend in FII flows:-  The FIIs were Net Value of Rs 314.83 cash segment while the DIIs were Net Value of  -319.9 per the provisional figures.

Securities in Ban For Trade Date 08-AUGUST-2018

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

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