Pre Session: Market seen kick-off 2015 on negative note
01/01/2015 08:16
The key domestic benchmarks are expected to open on bearish note today tracking a subdued trend in global market as Wall Street ended lower in overnight trade. Most Asian stocks remained closed on eve of New Year holiday. The trading volumes are may remain thin as investors stayed on the sidelines ahead of the year-end while a slump in commodity prices and political uncertainty in Greece curbed risk taking appetite. Back home, markets may be supported by the latest reform unleashed by the Modi government which issued an executive order making it easier for companies to buy land, a move which may help kick-start stalled infrastructure projects.
The Market breadth, indicating the overall health of the market, was strong. On BSE out of total shares traded 3144, shares advanced were 1516 while 1481 shares declined and 147 were unchanged.
Top traded Volumes on NSE Nifty were State Bank of India 6305857.00, Bharat Heavy Electricals Ltd. 5363890.00, ICICI Bank Ltd. 4609082.00, DLF Ltd. 4360342.00, Hindalco Industries Ltd. 4327309.00.
01/01/2015 08:16
The key domestic benchmarks are expected to open on bearish note today tracking a subdued trend in global market as Wall Street ended lower in overnight trade. Most Asian stocks remained closed on eve of New Year holiday. The trading volumes are may remain thin as investors stayed on the sidelines ahead of the year-end while a slump in commodity prices and political uncertainty in Greece curbed risk taking appetite. Back home, markets may be supported by the latest reform unleashed by the Modi government which issued an executive order making it easier for companies to buy land, a move which may help kick-start stalled infrastructure projects.
The Market breadth, indicating the overall health of the market, was strong. On BSE out of total shares traded 3144, shares advanced were 1516 while 1481 shares declined and 147 were unchanged.
Top traded Volumes on NSE Nifty were State Bank of India 6305857.00, Bharat Heavy Electricals Ltd. 5363890.00, ICICI Bank Ltd. 4609082.00, DLF Ltd. 4360342.00, Hindalco Industries Ltd. 4327309.00.
