Monday 22 Apr, 2019 09:40 AM
Site map | Locate Us | Login
   RIL slides after Q4 results    RIL advances as Mitsui to acquire stake     Jet Airways (India) Ltd leads losers in 'A' group    KM Sugar Mills Ltd leads losers in 'B' group    Volumes soar at Star Cement Ltd counter    Emami Ltd eases for fifth straight session    HDFC Life Insurance Company Ltd rises for fifth straight session    TVS Motor Company extends gains     Maruti Suzuki India Ltd stays in demand     Hero MotoCorp Ltd gains for fifth session    Essar Shipping Ltd leads gainers in 'B' group    SpiceJet Ltd leads gainers in 'A' group    SpiceJet jumps on plans to induct more planes     Volumes jump at Jamna Auto Industries Ltd counter    Wipro gains after share buyback approval 
Saravan Stocks
       
Pre - Session
Preview on the major events which influences the market on that day.
Indices may open on a flat note
04-Apr-18   08:14 Hrs IST

Stock indices may open on a flat note tracking mixed trend in Asian stocks. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 2 points at the opening bell. Traders and investors are awaiting the outcome of the Reserve Bank of India's (RBI) monetary policy meeting.

The RBI's Monetary Policy Committee (MPC) meets today, 4 April 2018 and tomorrow, 5 April 2018 for the first bi-monthly monetary policy for 2018-2019. The resolution of the MPC will be announced at 14:30 IST tomorrow, 5 April 2018.

In its last meeting on 7 February 2018, RBI decided to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6%. Consequently, the reverse repo rate under the LAF remains at 5.75%, and the marginal standing facility (MSF) rate and the bank rate at 6.25%.

Overseas, Asian stocks were trading mixed as investors took a cautious stance following the latest developments in US-China trade tensions. US stocks closed higher yesterday, 3 April 2018 as investors digested a sharp move lower in the previous session and gauged the likelihood of both trade risk and further weakness in technology names.

The US unveiled 25% levies on a range of Chinese imports from high-tech industries like medicine, aviation and semiconductor machinery to intermediate goods like machinery and chemicals.

Back home, key benchmarks registered modest gains after a volatile trading session led by gains in index pivotals ICICI Bank and Reliance Industries. The Sensex rose 115.27 points or 0.35% to settle at 33,370.63, its highest closing level since 15 March 2018.

The trading activity on that day showed that the foreign portfolio investors (FPIs) sold shares worth a net Rs 376.51 crore yesterday, 3 April 2018, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 479.18 crore yesterday, 3 April 2018, as per provisional data.

Among corporate news, Akzo Nobel India said that its board will meet on 6 April 2018, to consider a proposal to buyback equity shares. The announcement was made after market hours yesterday, 3 April 2018.

AU Small Finance Bank said it entered into agreement with Future Generali India Life Insurance Company to act as corporate agent for life insurance business. This tie up shall be mutually beneficial for bank and Future Generali India Life Insurance Company in terms of business, market penetration and reach. The announcement was made after market hours yesterday, 3 April 2018.

Powered by Capital Market - Live News

   Attention Investors : Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day........issued in the interest of investors.
   Attention Investors : Prevent unauthorised transactions in your account Update your mobile numbers/email IDs with your stock brokers / Depository Participant. Receive information of your transactions directly from Exchange / Depositories on your mobile / email at the end of the day .... Issued in the interest of Investors.
   Attention Investors : KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
   Attention Investors : No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
Email ID: info@ssplwealth.com       Customers grievances : grievances@ssplwealth.com     Compliance officer : Mr.G Anand , anand@ssplwealth.com
Hit Count : 10939819
SEBI Regn.Nos : NSE/BSE-INZ000192638 | CDSL : IN-DP-262-2016  |  MCX : INZ000081736
Member IDs : NSE : 11221 | BSE : 6292 | CDSL : 12045000 | MCX : 12815 | AMFI Regn.No : 2662
Designed , Developed & Content provided by CMOTS INFOTECH.(ISO 9001:2015 certified) © Copyright 2011 All Rights Reserved. Saravana Stocks Pvt. Ltd