F&O Cues: Nifty 9300 Put added 4.4 lakh shares in Open Interest while Nifty 9400 Call added 2.6 lakh shares in OI.
F&O Cues: Nifty 9400 Call added 9.7 lakh shares in Open Interest and Nifty 9300 Put shed 8.26 lakh shares in OI.
FIIs - who poured in over Rs 40,000 crore in the Jan-March quarter - raised their stake in 40 companies in the S&P BSE 500 index for the fifth quarter in a row.
DSP BlackRock MF sees Nifty50 climbing above 9,500 by December 2017.
Earnings for Q4FY17, macroeconomic data and developments in global markets will be key factors to watch for.
ICICI Securities expects the Nifty at 9,700-mark in FY18
Stocks which hit fresh lifetime highs in April include names like HDFC, Maruti Suzuki, Kotak Mahindra Bank, Yes Bank, P&G, MRF, RBL Bank, Dalmia Bharat, Godrej Industries, Natco Pharma, IIFL Holdings, Future Retail, Jubilant Life Sciences, Exide etc.
Earnings recovery and normal monsoon would be next key triggers for market, feel experts who expect that could drive the Nifty towards five digits mark (10,000).
Expectations of double digit earnings growth in FY18, consistent FII inflows, fast progress towards implementation of GST from July 1 and likely strong economic growth boosted market sentiment.
The meeting of Monetary Policy Committee scheduled on April 5 and 6 will be closely watched by the Street. Majority expect status quo this time despite encouraging retail inflation data.
The Nifty50 reclaimed its crucial resistance level of 9,133 and closed above its crucial 10-days exponential moving average (DEMA) placed at 9,104. The index formed a small bullish candle which resembles spinning top kind of pattern on daily charts.
The market staged a spectacular performance in FY17, rising more than 17 percent against a loss of 9 percent in the previous financial year.
The inflows follow a net investment of Rs 15,862 crore in equity and debt last month. Prior to that, FPIs had pulled out a total of over Rs 80,000 crore from October to January.
The implementation of a tax treaty with Singapore and Mauritius could mean the end of p-notes as we know them,
Domestic liquidity flows into the equity market seemed to have bolstered valuations given that all other asset classes including reality, gold, fixed deposits all look relative unattractively placed.
Indian market consolidated for a fourth consecutive day in a row on Wednesday largely led by weak global cues.
As of December 2016, FIIs held 35 percent stake in the company while NRIs had 2.5 percent and DB International 1.5 percent shareholding.
In morning trade, more than 2 percent of market capitalisation of the bank traded on exchanges and more than Rs 4,000 crore worth of shares changed hands through block deals that drove the stock to record high of Rs 1,450, up more than 10 percent intraday.
F&O cues: F&O cues: Nifty 8800 Put added 4.6 lakh shares in Open Interest while Nifty 8700 Put added 4.1 lakh shares in OI.
F&O cues: Nifty 9000 Calls added 3.2 lakh shares in Open Interest on February 7 while 8900 Call added 2.9 lakh shares in OI.
F&O cues: Nifty 8800 Put added 13.9 lakh shares in Open Interest on February 6 while Nifty 8700 Put added 5.4 lakh shares in OI.
F&O cues: Nifty 8700 Put added 6.6 lakh shares in Open Interest while Nifty 8600 Put added 3.2 lakh shares in OI.
The recent rally is expected to continue in the week ahead, though there might be some consolidation initially ahead of the RBI's monetary policy review on Wednesday.
F&O cues: Nifty 8400 Call shed 5.8 lakh shares in Open Interest while Nifty 8400 Put added 3.9 lakh shares in OI.