BSE Prices delayed by 5 minutes ! Prices as on   Jun 30, 2022 - 3:35PM   

MARKETS

News

MARKET COMMENTARY

Jun-30-2022 08:43

Indian equity markets are likely to open on a muted note as global cues turn mixed. As of 7:54 AM, the SGX Nifty Futures quoted 15,740 levels, indicating a cut of over 50 points on the Nifty50.

Among individual stocks, HDFC will be in focus after the lender raised Rs 4,000 crore through a paper with 21 months maturity. That apart, Biocon will acquire 26 per cent stake in AMPYR Renewable Energy Resources Eleven for Rs 7.5 crore.

On Wednesday, the 30-share benchmark index ended at 53026.97 down by -150.48 points or by -0.28 % and then NSE Nifty was at 15799.1 down by -51.1 points or by -0.32 %.

On the global front, the US markets closed mixed on Wednesday after the Federal Reserve Chairman Jerome Powell emphasized on the central banks' hawkish stance to tame high inflation. While Dow Jones advanced 0.2 per cent, both NASDAQ Composite and the S&P 500 dropped in the negative zone - falling to 0.03 per cent and 0.07 per cent, respectively.

That said, Asia-Pacific markets, too, traded in wobbly territory on Thursday morning. Nikkei 225 dropped 0.7 per cent and Kospi declined 0.9 per cent. However, the mainland Chinese markets inched up in trade after factory activity grew in June.

Back home, Top traded Volumes on NSE Nifty – Oil And Natural Gas Corporation Ltd. 165860322.00, NTPC Ltd. 53487394.00, Power Grid Corporation of India Ltd. 31127189.00, Coal India Ltd. 16856241.00, ITC Ltd. 16018449.00,

On NSE, total number of shares traded was 183.38 Crore and total turnover stood at Rs. 47365.66 Crore. On NSE Future and Options, total number of contracts traded in index futures was 503433 with a total turnover of Rs. 40411.90 Crore. Along with this total number of contracts traded in stock futures were 2293952 with a total turnover of Rs. 137636.44 Crore. Total numbers of contracts for index options were 107808362 with a total turnover of Rs. 8767636.32 Crore. and total numbers of contracts for stock options were 3284934 with a total turnover of Rs. 209190.94 Crore.

The FIIs on 29/06/2022 stood as net buyer in equity and debt. Gross equity purchased stood at Rs. 5334.28 Crore and gross debt purchased stood at Rs. 141.91 Crore, while the gross equity sold stood at Rs. 6186.94 Crore and gross debt sold stood at Rs. 1200.91 Crore. Therefore, the net investment of equity and debt reported were Rs. -852.66 Crore and Rs. -1059.00