News Details

( As on 26/02/2020 08:41)

Pre-Session: Sensex, Nifty likely to open in red on Wednesday

Indian benchmarks are expected to start the day on a negative note today. Trends on SGX Nifty indicate a negative opening for the broader index in India, with a 94 points loss or 0.8 percent. The Nifty futures were trading around 11,724-level on the Singaporean Exchange.



On Tuesday, the 30-share benchmark index ended at 40281.2 down by -82.03 points or by -0.2 % and then NSE Nifty was at 11797.9 down by -31.5 points or by -0.27 %.



On the global front, on Tuesday, the Dow and the S&P 500 tumbled 3 per cent on Tuesday in their fourth straight day of losses as investors struggled to gauge the economic impact. The Nasdaq Composite also dropped 2.77 per cent.



Following the sell-off on the Wall Street, Asian shares also fell on Wednesday. MSCI's broadest index of Asia-Pacific shares outside Japan slipped 0.6 per cent while Australian shares were down 1.77 per cent. Japan's Nikkei stock index slid 1.1 per cent.



Crude prices fell about 3% on Tuesday, dropping for a third day, as concerns about the spread of the coronavirus grew after the US government warned Americans to prepare for the disease. Brent crude fell $1.35, or 2.4%, to settle at $54.95 a barrel. US West Texas Intermediate crude dropped $1.53, or 3%, to settle at $49.90 a barrel.



Back home, Top traded Volumes on NSE Nifty – YES Bank Ltd. 88184594.00, Tata Motors Ltd. 52719851.00, State Bank of India 39050709.00, Oil and Natural Gas Corporation Ltd. 18255196.00, ITC Ltd. 15313516.00, On NSE, total number of shares traded was 202.48 Crore and total turnover stood at Rs. 36871.07 Crore.



On NSE Future and Options, total number of contracts traded in index futures was 399804 with a total turnover of Rs. 30727.73 Crore. Along with this total number of contracts traded in stock futures were 1759134 with a total turnover of Rs. 114311.46 Crore.



Total numbers of contracts for index options were 16708969 with a total turnover of Rs. 1200843.47 Crore. and total numbers of contracts for stock options were 993111 with a total turnover of Rs. 69684.97 Crore.



The FIIs on 25/02/2020 stood as net buyer in equity and debt. Gross equity purchased stood at Rs. 5997.65 Crore and gross debt purchased stood at Rs. 1507.25 Crore, while the gross equity sold stood at Rs. 7733.32 Crore and gross debt sold stood at Rs. 4694.35 Crore. Therefore, the net investment of equity and debt reported were Rs. -1735.67 Crore and Rs. -3187.10.