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Foreign institutional investors net sold stock futures worth Rs26.2 bn and index futures worth Rs6.25 bn on the NSE on Thursday. They net bought index options worth Rs17.4 bn. On Thursday, FIIs net sold Indian shares worth Rs15.00 bn rupees on the BSE, NSE, and Metropolitan Stock Exchange combined. Domestic institutional investors, however, net bought shares worth Rs12.02 bn, according to provisional data on the NSE website. The December futures of Nifty50 ended at a premium of 52.1 points to the spot index and open interest in the contract 54% to 17.90 mn. Click Here For Free Trial :

The benchmarks Sensex extended losses by 300 points due to selling in energy. Banking, finance, pharma and FMCG index, while the Nifty traded below 10,300 marks. As on 12:46 PM, the BSE Sensex was down 279 points at 33,324 and the NSE Nifty slipped 87 points to 10,274. The selling pressure seen in mid-cap and small-cap shares. The BSE MidCap Index fell 0.41% and the BSE MidCap Index declined 0.15%. All NSE sectoral indices were trading in the negative zone. Nifty PSU Bank, Private Bank, Financial Services, Auto, Metal, Pharma and FMCG index down by 1% repectively. Bosch, Indiabulls Housing Finance, Bajaj Auto, Dr. Reddy’s and GAIL gained the most on Nifty50. Axis Bank, Reliance Industries, UltraTech, Tata Motors and Kotak Mahindra Bank were the top losers. India VIX rises by 1.66% at 13.28 level. Out of 1,984 stocks traded on the NSE, 594 advanced, 1,024 declined, and 366 remained unchanged today. A total of 65 stocks registered a fresh 52-week high in trade today, while nine stock...

Following is the list of Insider trading activities performed by the company insiders of the listed stocks in the last week: Promoters of  BOROSIL GLASS  have SOLD ~60K shares via Open market between 23-28 November.  The stock closed ~0.25% higher in the last trading session. Promoter Mona Agarwal of  ACTION CONSTRUCTION  has SOLD ~49.9 lakh i.e 4.3% of an equity stake.  The stock closed ~8% lower in the last trading session. Promoters of  GRANULES INDIA  have BOUGHT ~1.6 lakh shares via Open market between 24-27 November.  The stock closed ~6% higher in the last trading session. Promoters of  PRABHAT DAIRY  have BOUGHT ~2 lakh shares via open market on 28 November. The stock closed ~1.1% higher in the last trading session. Promoters of  PARAG MILK FOOD  have BOUGHT ~10K shares via open market on 29 November.  The stock closed ~0.21% higher in the last trading session.   Following is the list of BULK DEALS i...

Indices were trading in rangebound with a positive bias in afternoon trade on Wednesday ahead of the expiry of November derivatives contracts and GDP data. As of 1:43 PM, the BSE Sensex was up 65 points at 33,684 and the NSE Nifty rose 18 points to 10,388. The BSE MidCap Index rose 0.16% and the BSE SmallCap Index advanced 0.41%. Bosch, Coal India, Infratel, Bajaj Auto and Adani Ports gained the most on Nifty50, while Axis Bank, Zee, Hindalco, UPL and HDFC were the top losers. Some buying was seen in consumer durables, realty, telecom, pharma, auto, FMCG, metal and capital goods sectors, while banking and financial services sectors showed weakness on the BSE. India VIX slipped by 2.37% at 12.83 level. Out of 1,985 stocks traded on the NSE, 962 advanced, 680 declined, and 343 remained unchanged today. A total of 104 stocks registered a fresh 52-week high in trade today, while eight stocks touched a new 52-week low on the NSE. News Highlights: BHEL commissions 30 MW hydropower unit i...

The management of Coal India Ltd made a statement that they are planning to pay its executives a Rs800crore salary hike. The salary hike is to be retroactive from January 2017. The executive salary hike comes a month after the company approved a hike in workers’ wages. The workers' wage hike is estimated to cost Rs5,600cr over five years. Coal India employs more than 300,000 people, about 18,000 of whom are executives. As on FY17, employee costs accounted for ~31% of the total expenditure of the company. Any negative impact from this event is likely to be muted. The stock touched a 52 week high of Rs332.1 on 27-Feb-2017 and a 52 week low of Rs234 on 11-Aug-2017. Last one week high and low of the scrip stood at Rs276.75 and Rs269.25 respectively.  Coal India is the largest coal producer in the world and it accounts for ~84.5% of total production in India. Click Here For Free Trial :

The Indian stock market snapped eight-day rally ahead of expiry of November derivative contracts on Thursday. The Sensex and Nifty were trading on a subdued note as gains in HDFC twins were offset by losses in Reliance Industries, ITC and ICICI Bank. Among the sectoral indices, Nifty metal, Nifty Realty and Nifty Media registered gains 0.69%, 0.14% and 0.42% respectively, while the losses were posted by the Nifty IT, Pharma and PSU Bank indices. At 12:36 PM, Sensex was down 67 points to 33,657 and the Nifty50 Index slipped 15 points to 10,384. In BSE, the mid-cap and small-cap shares outperformed the large-cap shares. The BSE MidCap Index rose 0.29% and the BSE SmallCap Index advanced 0.43%. The Indian rupee rose as much as 0.22% to 64.36 per US dollar, its highest level in over two months. India VIX gained by 0.26% at 13.07 level. Out of 1,983 stocks traded on the NSE, 940 advanced, 679 declined, and 364 remained unchanged today. A total of 114 stocks registered a fresh 52-wee...

Punjab National Bank looks to raise over Rs1,324.21cr by diluting 6% holding in subsidiary firm PNB Housing Finance in an OFS that starts on Tuesday. Bharat 22 ETF to list on exchanges today. Telecom stocks in focus today as, Trai will issue recommendations on net neutrality on Tuesday, likely setting the stage for another war of words between providers of content, or apps, and mobile-phone operators. L&T seeks relief from Telangana Government on metro project delay. IDBI Bank’s board approved the sale of 7.4 million shares or 1.5% stake in NSE. Bharati Defence says NCLT has granted 90-day one-time extension for corporate insolvency resolution process. Reliance Communications has entered into a binding Share Purchase Agreement with Pantel Technologies Pvt Limited and Veecon Media & Television Limited for sale of its subsidiary Reliance BIG TV Ltd, engaged in the business of DTH services across India. Patel Engineering has successfully complete...

Indian stock market snapped seven-day winning streak and extended its losses in afternoon session, ahead of expiry of November futures & options contracts and OPEC meeting on oil output cut later this week. Index heavyweights like ITC, Infosys, RIL and banking & financials stocks were under pressure. On the economy front, S&P Global Ratings retained India's sovereign rating at BBB-, with a stable outlook, a week after Moody's Investors Service upgraded India's rating. Jul-Sep GDP data  will be released in this week. Among BSE sectoral indices, metal index fell the most by 0.98%, followed by 0.57%, FMCG 0.54%, oil & gas 0.25% and energy 0.24%. On the other hand, realty index was up 1%, consumer durables and capital goods 0.68% and power 0.29%. At 1:30 PM, BSE Sensex down 89 points to 33,589 and the NSE Nifty50 Index slipped 37 points to 10,344. The BSE Midcap Index gains 0.28% and Smallcap up 0.53% on positive breadth. NTPC, Axis Ban...

Benchmark indices opened lower today, tracking weakness in most Asian markets and on caution ahead of the release of Jul-Sep GDP data  later this week. Losses in indices were, however, limited as S&P Global Ratings retained India's sovereign rating at BBB-, with a stable outlook, a week after Moody's Investors Service upgraded India's rating. At 9:51 AM, BSE Sensex down 85 points to 33,594 and the NSE Nifty50 Index slipped 31 points to 10,358. The BSE Mid-cap Index and BSE Small-cap Index are trading marginally higher  at 16,935 and 18,053 respectively. ONGC, UPL, Vedanta, Hindalco and Tech Mahindra gained the most on Nifty50, while HPCL, Infosys, Bharti Airtel, Adani Ports and Sun Pharma were the top losers. Meanwhile, the Indian rupee opened at 64.71 per dollar against Friday's close of 64.70. Some buying was seen in media and realty sectors, while PSU bank, FMCG, IT and metal sectors showed weakness on the NSE. India VIX rose by...

MCX Gold is stuck in a small range and it is trading in between 29700-29500 levels. Gold is facing selling pressure near 29,730 levels and it has failed to give a daily close above the prescribed level in last 1 month. A daily close above the mentioned level will push the prices higher toward 30,000 levels. Fundamentally speaking, the Dollar Index slipped below the important zone on account of dovish statement from FOMC meeting. The outcome had a positive effect on the Gold prices as it is inversely related with the Dollar Index. Click Here For Free Trial :

World Bank’s Ease of Doing Business report that came out in the first week of November 2017 had quite a focus on insurance in it. It pointed out that if India has to improve its ranking in the annual report, the role of insurance has to be reconsidered in a positive sense in 6 out of the 10 criteria highlighted.   The overall ranking of India has improved to the 100 th  position among the 190 countries this time however, economists believe it is still low and there’s a lot of scope for improvement. Some of the sectors where insurance can either improve the country’s ranking or assist in coping with the issue pointed out are: 1. Dealing with Construction Permits The worst performance in the entire report is reflected under this criteria. Here, India has been ranked 181 out of the 190 countries listed with an entire section dedicated just to liability and insurance. The World Bank offers thesuggestion that even after a building is occupied, the architects, engineers, tec...

In today’s trade, markets regained its lost momentum by giving a strong upmove after three days of consolidation. Infosys remained strong among the index heavyweights as markets closed at its 2 week high. Market breadth remained positive with the Mid-cap Index hitting a fresh lifetime high. Nifty PCR continued to move higher, closing at 1.46x vs 1.35x. Nifty and Bank Nifty futures closed 0.49%/0.26% higher and added fresh open interest to the tune of 3.2 lakh/ 1.1 lakh shares, indicating a formation of long positions.  Tracking the options front, the heavy short covering was witnessed across all the major call options strike of Nifty with 10,300,10,400,10,500 strikes shedding open interest to the tune of ~8.5 lakh, ~2.94 lakh, ~2.65 lakh shares respectively. Nifty put option strikes continue to add fresh short positions, indicating an expiry for the index above the 10,300 mark. India Vix ended the day at 13.51 down 2.5%. Nifty : + 41 points @ 10390 Bank Nifty :  +4...