Nifty Morning Outlook on 23-02-2017
Nifty future opening expected to be positive in the range of 8930 – 8940.
|Bank Nifty Future||20500||20660||21000||21110|
USDINR Movement: On 20-02-2017 INR closed negative at 66.98 / USD (+0.02 or +0.03%) on NSE.
Trade Statistics on 22-02-2017: The turnover of cash and F&O in NSE.
|Cash (Rs. Crores)||F&O (Rs. Crores)|
FII and DII activities in cash segment:
On 22-02-2017 FII net sold equities worth Rs. -259.21 While DII net bought equities worth Rs 917.97.
Stocks to watch:
- Approved issue of shares worth Rs450cr to 2i Capital PCC at Rs195 per share.
- To acquire Telenor India, Company will acquire Telenor India’s running operations in seven circles.
- Idea-Vodafone deal likely on Feb 24-25.
- Oil-starved India to auction exploration rights by June.