News Details
Category : market
Headline : Pre-Session: GIFT Nifty signals a positive start; global markets mixed
Date: 26/03/2024 08:30
Equity market participants will resume trading in a holiday-truncated week, after an extended weekend, on Tuesday on a positive note as trends in GIFT Nifty indicate a higher start for the broader index with a gain of 50.50 points.

On Friday, the 30-share benchmark index ended at 72831.94 up by 190.75 points or by 0.26 % and then NSE Nifty was at 22096.75 up by 84.8 points or by 0.39 %.

On the global front, Asia-Pacific markets were mixed Tuesday as the US market took a breather overnight on Monday. South Korea's Kospi climbed over 1 per cent this morning, hitting an over two-year high intraday.

This was followed by gains in Hang Seng (0.85 per cent), and Shanghai Composite (0.27 per cent). Nikkei was up barely 0.03 per cent, while ASX 200 was down 0.04 per cent.

On Wall Street, all three major indices lost ground Monday, with the Dow Jones Industrial Average down 0.41 per cent, and the S&P 500 dipping 0.31 per cent, while the Nasdaq Composite was 0.27 per cent lower.

Back home, Top traded Volumes on NSE Nifty – Tata Steel Ltd. 68241556.00, ITC Ltd. 38861818.00, HDFC Bank Ltd. 22990163.00, Power Grid Corporation of India Ltd. 22097588.00, ICICI Bank Ltd. 17214415.00, On NSE, total number of shares traded was 38.02 Crore and total turnover stood at Rs. 98226.61 Crore.

On NSE Future and Options, total number of contracts traded in index futures was 427569 with a total turnover of Rs. 39425.25 Crore. Along with this total number of contracts traded in stock futures were 2627161 with a total turnover of Rs. 217467.64 Crore. Total numbers of contracts for index options were 206052712 with a total turnover of Rs. 17331999.43 Crore. and total numbers of contracts for stock options were 7484974 with a total turnover of Rs. 650819.10 Crore.

The FIIs on 22/03/2024 stood as net buyer in equity and debt. Gross equity purchased stood at Rs. 14475.77 Crore and gross debt purchased stood at Rs. 1919.77 Crore, while the gross equity sold stood at Rs. 15802.73 Crore and gross debt sold stood at Rs. 978.46 Crore. Therefore, the net investment of equity and debt reported were Rs. -1326.96 Crore and Rs. 941.31