Nifty Morning Outlook on 24-11-2020
Nifty future opening expected to be flat in the range of 12956 – 12966.
|Bank Nifty Future||28560||28800||29415||29650|
USDINR Movement On 23-11-2020: INR closed positive at 74.07/USD (-0.11 or -0.14%) on NSE
Trade Statistics on 23-11-2020: The turnover of cash and F&O in NSE
|Cash (Rs. Crores)||F&O (Rs. Crores)|
FII and DII activities in cash segment:
On 23-11-2020 FII net Bought equities worth Rs. 4738.44 cr., While DII net Sold equities worth Rs. -2944.05 cr.
Stocks to watch:
- Company’s subsidiary Jio Platforms received the subscription amount of Rs 33,737 crore from Google International LLC for 7.73 percent stake.
- Company executed an “Agreement to Sell” for transfer of portable liquor licence of the company for manufacturing of Indian Made Foreign Liquor. Consequent to the transfer of the licence, the company shall no longer be manufacturing Indian Made Foreign Liquor.
- Govt plans to set up charging infrastructure across 69,000 petrol pumps.
- Motherson Sumi is pursuing multiple buyout deals. The buyouts are a part of the company’s vision of tripling revenues by FY25 to $36 billion from $12 billion under the Vision 2025 plan.