Domestic bourses are expected to open in the green on Wednesday as trends on SGX Nifty indicate a positive opening for the index in India amid largely subdued global cues.
On the Covid front, India registered 80,500 new Covid-19 cases on Tuesday, taking the total caseload to past 62 lakh. Death toll now stands at 97,529.
Besides, market participants will focus on stock-specific developments, Rupee's trajectory and the oil price movement. Bharti Airtel's press conference, scheduled later in the day, would also be under investor radar for cues on business plans.
On Tuesday, the 30-share benchmark index ended at 37973.22 down by -8.41 points or by -0.02 % and then NSE Nifty was at 11222.4 down by -5.15 points or by -0.05 %.
On the global front, Wall Street closed lower on Tuesday, snapping a three-day winning streak as investors took money off the table hours before the first U.S. presidential debate.
The Dow Jones Industrial Average fell 131.4 points, or 0.48%, to 27,452.66, the S&P 500 lost 16.13 points, or 0.48%, to 3,335.47 and the Nasdaq Composite dropped 32.28 points, or 0.29%, to 11,085.25.
Asian shares slipped and the dollar was under pressure on Wednesday in the lead up to the first U.S. presidential debate, as financial markets looked to take a measure of both candidates.
MSCI's broadest index of Asia-Pacific shares outside Japan edged down 0.1% in early trade. Japan's Nikkei was down 0.2% and Australia's ASX 200 fell 1.3%, while markets in Seoul rose 0.8%.
Back home, Top traded Volumes on NSE Nifty – Tata Motors Ltd. 63367335.00, Hindalco Industries Ltd. 36625394.00, State Bank of India 35688939.00, ITC Ltd. 25617617.00, NTPC Ltd. 21328831.00,
On NSE, total number of shares traded was 22.85 Crore and total turnover stood at Rs. 50665.59 Crore.
On NSE Future and Options, total number of contracts traded in index futures was 505361 with a total turnover of Rs. 32812.98 Crore. Along with this total number of contracts traded in stock futures were 747224 with a total turnover of Rs. 56687.84 Crore. Total numbers of contracts for index options were 25412581 with a total turnover of Rs. 1686136.25 Crore. and total numbers of contracts for stock options were 786408 with a total turnover of Rs. 63403.14 Crore.
The FIIs on 29/09/2020 stood as net buyer in equity and debt. Gross equity purchased stood at Rs. 5637.84 Crore and gross debt purchased stood at Rs. 589.60 Crore, while the gross equity sold stood at Rs. 5113.59 Crore and gross debt sold stood at Rs. 288.58 Crore. Therefore, the net investment of equity and debt reported were Rs. 524.25 Crore and Rs. 301.02