Nifty Morning Outlook on 07-12-2018
Nifty future opening expected to be positive in the range of 10671 – 10681
| S2 | S1 | R1 | R2 | |
| Nifty Future | 10490 | 10585 | 10700 | 10765 |
| Bank Nifty Future | 26060 | 26220 | 26410 | 26500 |
USDINR Movement On 06-12-2018: INR closed negative at 71.0475 /USD (+0.38 or +0.54%) on NSE
Trade Statistics on 06-12-2018: The turnover of cash and F&O in NSE
| Cash (Rs. Crores) | F&O (Rs. Crores) |
| 30,379.16 | 18,78,740.17 |
FII and DII activities in cash segment:
On 06-12-2018 FII net bought equities worth Rs. 72.47 cr., While DII net sold equities worth Rs. –389.78 cr.
Stocks to watch:
HCL Tech
- To acquire some IBM software products for $1.8 billion.
Cadila Healthcare and Zydus Wellness
- Company entered into a share subscription agreement (SSA) with subsidiary Zydus Wellness to subscribe to 85,02,170 equity shares at an issue price of Rs 1,382 amounting to Rs 11,74,99,98,940.
News Flash:
- Government cuts stake in Coal India by 2.2 percent to 72.9 percent.
- Cabinet clears REC-PFC deal, agriculture export policy.
