Nifty can gain 30 points at opening

Nifty can gain 30 points at opening

Trading of SGX Nifty futures on the Singapore stock exchange indicates that the Nifty could gain 30 points at the opening bell, says Maximus Securities.

Maximus Securities’ Daily Report:

 

F&O Outlook:

Nifty PCR-OI has increased to 1.36 from 1.13. The rise in the ratio may be due to increase in PE of 9200 and decrease in CE of 9200. PE of 9100 and CE of 9200 are the highest number of contracts traded.

 

Opening for the Day:

Trading of SGX Nifty futures on the Singapore stock exchange indicates that the Nifty could gain 30 points at the opening bell.

 

https://www.marketmagnify.com/freetrial.php or give a Missed call @7879881122.

HDFC Bank defies a challenging environment

HDFC-Bank_15HDFC Bank’s core income growth as well as loan book expansion rivals that of fast-growing small banks, with net interest income growing 20.29% on the back of a loan book growth of 19.4%. Photo: Pradeep Gaur/Mint.

 

HDFC Bank Ltd hit all the right notes with investors as it reported a bounce back in its profit growth, stable asset quality and expansion in net interest margin for the fourth quarter of 2016-17.

 

Visit https://www.marketmagnify.com/freetrial.php or give just a Missed call @7879881122.

 

India’s most valuable private sector lender reported a net profit of Rs3,990.1 crore for the March quarter, an 18.3% increase from the previous year, compared with the tepid 15% rise in the December quarter. The fact that most of its metrics have rebounded from their dip in the December quarter shows that it has left the effects of demonetization firmly behind.

Indian Rupee opens lower at 64.66 per Dollar

rupee-1The Indian rupee slipped in the early trade on Thursday. It has opened lower by 8 paise at 64.66 per dollar versus 64.58 Wednesday. Rupee is rangebound, consolidating after sharp gains in March. The USD-INR trading range for the day is 64.50- 64.80/dollar.” The dollar rose, a day after dropping to a 3-week low, but gave up some gains after a report from the Federal Reserve suggested the outlook for the US economy isn’t as rosy as it was earlier in the year.

 

Save

Asia cautiously higher after Wall Street earnings; French election eyed

The first round of the tight French presidential election this weekend could influence movements in euro/dollar, said IG Chief Market Strategist Christ Weston in a Thursday morning note.

Most Asian indexes were cautiously higher on Thursday, following key earnings on Wall Street and as oil prices came off two-week lows set earlier in the session.
Japan’s benchmark Nikkei 225 index climbed 0.22 %and the ASX 200 was up by 0.29. The Kospi was higher by 0.16 %.

Click Here goo.gl/ISyfdV or Just Give a Missed call 07879881122.

1 2 3 53