Equity MRK
Wednesday, November 14, 2018 2:58:00 PM  
Adani Ports  331.10    (-0.87%)
Asian Paints  1317.25    (2.53%)
Axis Bank  614.85    (-0.61%)
Bajaj Auto  2679.00    (0.59%)
Bharti Airtel  301.00    (1.19%)
Coal India  266.55    (0.43%)
H D F C  1840.00    (0.87%)
HDFC Bank  1952.50    (1.21%)
Hero Motocorp  2849.40    (-0.84%)
Hind. Unilever  1710.00    (2.26%)
ICICI Bank  366.95    (1.68%)
IndusInd Bank  1507.30    (1.54%)
Infosys  650.70    (-2.25%)
ITC  275.55    (-0.49%)
Kotak Mah. Ban...  1139.60    (-2.18%)
Larsen & Toubr...  1384.35    (-0.49%)
M & M  773.50    (-2.23%)
Maruti Suzuki  7378.50    (3.25%)
NTPC  157.95    (0.99%)
O N G C  161.15    (2.97%)
Power Grid Cor...  186.05    (0.98%)
Reliance Inds.  1095.60    (-0.36%)
St Bk of India  285.00    (2.46%)
Sun Pharma.Ind...  518.45    (-7.70%)
Tata Motors  177.50    (-1.28%)
Tata Motors-DV...  97.10    (-1.27%)
Tata Steel  597.10    (1.35%)
TCS  1879.40    (-2.91%)
Vedanta  204.45    (-0.68%)
Wipro  323.75    (-0.71%)
Yes Bank  223.20    (-1.06%)
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Pre Session Commentary
You are here : Equity | News | Pre Session Commentary
Market may open higher
(07:48, 04 Jun 2018)

Market is seen opening higher tracking positive leads from Asian markets and Friday's gains on the Wall Street. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 43 points at the opening bell.

Overseas, Asian stocks were trading higher, tracking gains seen on Wall Street on Friday, 1 June 2018.

US stock-market indices jumped on Friday, following a a solid jobs data for May, while shrugging off concerns over Italian politics and trade wars.

The US labor market remains strong with 223,000 new jobs created in May, while the unemployment rate fell to an 18-year low of 3.8%. Wage growth was modest, with the yearly rate of pay rising to 2.7% from 2.6%. Receding fears about political upheaval in Italy also helped boost sentiment.

Despite the positive mood, trade concerns continued to linger after US-China trade talks yielded no major breakthroughs. China threatened that previous trade agreements negotiated by the countries will not take effect if the Trump administration goes ahead with a planned tariff increase.

US allies also took aim during a G-7 finance leaders meeting at metals tariffs imposed by the Trump administration.

On the US data front, the Institute for Supply Management said Friday that its manufacturing index rose to 58.7%, up 1.4% from April and a two-month high.

Closer home, foreign portfolio investors (FPIs) sold shares worth a net Rs 202.80 crore on Friday, 1 June 2018, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 337.97 crore on Friday, 1 June 2018, as per provisional data.

Key benchmark indices logged modest losses on Friday, 1 June 2018, weighed by data showing manufacturing PMI growth has slowed in May. The barometer index, the S&P BSE Sensex, lost 95.12 points or 0.27% to settle at 35,227.26. The Nifty 50 index lost 39.95 points or 0.37% to settle at 10,696.20.

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