Nifty Morning Outlook on 16-04-2021
Nifty future opening expected to be flat in the range of 11613 – 11623.
| S2 | S1 | R1 | R2 | |
| Nifty Future | 14500 | 14560 | 14680 | 14765 |
| Bank Nifty Future | 31850 | 32000 | 32340 | 32780 |
USDINR Movement On 15-04-2021: INR closed positive at 75.20/USD (-0.0150 or -0.02%) on NSE
Trade Statistics on 15-04-2021: The turnover of cash and F&O in NSE
| Cash (Rs. Crores) | F&O (Rs. Crores) |
| 70,791.69 | 92,51,859.18 |
FII and DII activities in cash segment:
On 15-04-2021 FII net Bought equities worth Rs. 979.7 cr., While DII net Sold equities worth Rs. -526.63 cr.
Stocks to watch:
Wipro
- The company reported higher IT services revenue at Rs 16,334 crore in Q4FY21 against Rs 15,726.6 crore in the previous quarter and expects dollar revenue in Q1FY22 in the range of $2,195-2,238 million.
Ashoka Buildcon
- The company has received a Letter of Award (LOA) from Gujarat Rail Infrastructure Development Corporation (G-RIDE) for the project – Gauge Conversion of Bechraji – Ranuj section, with 25 KV AC electrification in Ahmedabad division of Western Railway. The accepted project cost is Rs 333.625 crore.
News Flash:
- Exports jump 60% in March to $34.5 bn; trade deficit widens to $14 bn.
- FPIs seek a month’s extension from Sebi to furnish depository receipts info.
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RAKHI PAWAR
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INDEX TRADING – BANGALORE
