News Details
Category : market
Headline : Pre-Session: Sensex, Nifty likely to open on subdued note today
Date: 16/05/2022 08:33
Domestic bourses are likely to start Monday’s trade on a muted note as SGX Nifty futures erased gains tracking lower US equity futures.

Today, Ambuja Cements, ACC and the Adani group (shares) will be in focus as the latter has won the race to acquire Swiss cement major Holcim's stake in the two companies for $10.5 bn (around Rs 81,361 crore), including the open offers. RIL, SBI, Dmart, Railtel, Bandhan Bank, and PSBs will also be on investors' radar.

On Friday, the 30-share benchmark index ended at 52793.62 down by -136.69 points or by -0.26 % and then NSE Nifty was at 15782.15 down by -25.85 points or by -0.16 %.

On the global front, US stocks posted a relief rally on Friday. The Dow rose 1.47 per cent, the S&P 500 gained 2.39 per cent and the Nasdaq advanced 3.82 per cent.

Oil prices also rose around 4 per cent on Friday as China looks to ease Covid-19 restrictions. Brent crude and WTI futures closed at $111.55 and $110.49 a barrel. Asian markets also gained this morning. Hang Seng and Nikkei rose 0.9 and 1.2 per cent, respectively. Shanghai Composite and Kospi gained 0.3 per cent each, and Shenzhen Component rose 1 per cent.

Back home, Top traded Volumes on NSE Nifty – Tata Motors Ltd. 71425747.00, State Bank of India 61403008.00, NTPC Ltd. 22913410.00, Hindalco Industries Ltd. 17007818.00, ICICI Bank Ltd. 15717043.00,

On NSE, total number of shares traded was 24.43 Crore and total turnover stood at Rs. 62286.41 Crore.

On NSE Future and Options, total number of contracts traded in index futures was 579838 with a total turnover of Rs. 47208.42 Crore. Along with this total number of contracts traded in stock futures were 1166305 with a total turnover of Rs. 71922.01 Crore. Total numbers of contracts for index options were 73970420 with a total turnover of Rs. 6141314.94 Crore. and total numbers of contracts for stock options were 3671417 with a total turnover of Rs. 244746.23 Crore.

The FIIs on 13/05/2022 stood as net buyer in equity and debt. Gross equity purchased stood at Rs. 5714.13 Crore and gross debt purchased stood at Rs. 632.50 Crore, while the gross equity sold stood at Rs. 10524.02 Crore and gross debt sold stood at Rs. 972.92 Crore. Therefore, the net investment of equity and debt reported were Rs. -4809.89 Crore and Rs. -340.42