Nifty Morning Outlook on 09-12-2016
Nifty future opening expected to be positive in the range of 8285 – 8295.
|Bank Nifty Future||18258||18408||18658||18758|
USDINR Movement: On 08-12-2016 INR closed positive at 67.45 / USD (-0.34 or -0.51%) on NSE.
Trade Statistics on 08-12-2016: The turnover of cash and F&O in NSE.
|Cash (Rs. Crores)||F&O (Rs. Crores)|
FII and DII activities in cash segment:
On 08-12-2016 FII net bought equities worth Rs. 698.86 While DII as well net bought equities worth Rs. 64.32 Cr.
Stocks to watch:
JSW Energy and Monnet Ispat
- JSW in talks to buy Monnet Ispat’s 1050 MW Odisha power plant
- Ujjivan Financial approved increase in borrowing limit from Rs6000cr to Rs7000cr and increased the limit of raising NCDs from Rs1000cr to Rs1500cr
Major Economic Events:
- US jobless claims drop from five-month high
- ECB unexpectedly cuts asset buys, extends until end 2017