News

Home | Market | News | Market Commentry

Market Commentary

(As on Aug 20, 2019, 08:37)

You can view all market commentary.
Indian benchmarks are expected to start the day in red on Tuesday. Trends on SGX Nifty indicate a negative opening for the broader index in India as Nifty futures were trading around 11,040-level on the Singaporean Exchange. Global cues, rupee trajectory, and oil price movement will be the top factors that will give direction to the markets today as investors continue to await measures from the government to spur growth.

Stocks of non-banking financial firms may be in focus today after the government said such firms would no longer have to maintain a certain level of redemption reserves against them.

On the taxation front, the Direct Tax Code (DTC) task force has recommended a significant increase in the highest income tax slabs, besides slashing the corporate tax rate to an even rate of 25 per cent for both domestic and foreign companies, as per a Business Standard report.

On the global front, US stocks climbed on Monday as reports of stimulus efforts in China and Germany calmed fears of a severe downturn in the global economy that were stoked last week as bond yields fell.

The Dow Jones Industrial Average rose 249.78 points, or 0.96%, to 26,135.79, the S&P 500 gained 34.97 points, or 1.21%, to 2,923.65 and the Nasdaq Composite added 106.82 points, or 1.35%, to 8,002.81.

Asian shares extended their gains on Tuesday as hopes for stimulus in major economies tempered anxiety about a global recession, helping boost riskier assets and drawing money from safe-havens such as bonds and gold. MSCI's broadest index of Asia-Pacific shares outside Japan nudged up 0.04%, while Japan's Nikkei jumped 0.47%. The improved mood was helped by a rally on Wall Street overnight, with the S&P 500 gaining 1.21%.

Back home, on Monday, the 30-share benchmark index ended at 37402.49 up by 52.16 points or by 0.14 % and then NSE Nifty was at 11053.9 up by 6.1 points or by 0.06 %.

Top traded Volumes on NSE Nifty – YES Bank Ltd. 127652182.00, Tata Motors Ltd. 23194786.00, Indiabulls Housing Finance Ltd. 22835367.00, State Bank of India 19831459.00, ITC Ltd. 12524627.00, Top traded Volumes on NSE Nifty – YES Bank Ltd. 127652182.00, Tata Motors Ltd. 23194786.00, Indiabulls Housing Finance Ltd. 22835367.00, State Bank of India 19831459.00, ITC Ltd. 12524627.00,

On NSE Future and Options, total number of contracts traded in index futures was 306829 with a total turnover of Rs. 21552.01 Crore. Along with this total number of contracts traded in stock futures were 689805 with a total turnover of Rs. 38526.04 Crore. Total numbers of contracts for index options were 11585662 with a total turnover of Rs. 773535.34 Crore. and total numbers of contracts for stock options were 685903 with a total turnover of Rs. 40300.96 Crore.

The FIIs on 19/08/2019 stood as net buyer in equity and debt. Gross equity purchased stood at Rs. 8548.88 Crore and gross debt purchased stood at Rs. 3222.88 Crore, while the gross equity sold stood at Rs. 7230.42 Crore and gross debt sold stood at Rs. 2657.04 Crore.

Therefore, the net investment of equity and debt reported were Rs. 1318.46 Crore and Rs. 565.84

TRADEWELL SECURITIES LIMITED
CORPORATE MEMBER OF BOMBAY STOCK EXCHANGE OF INDIA LTD  |  MEMBER ID : 3187  |  NATIONAL STOCK EXCHANGE OF INDIA LTD  |  MEMBER ID: 12835
SEGMENTS: BSE CASH  |  BSE STAR MF  |  NSE CASH  |  NSE FO  |  NSE CD  |  NSE MF
SEBI REGN NO. INZ000171936
AMFI ARN CODE: 111875
SEBI MCX REGISTRATION NUMBER: INZ000067338, MEMBER ID: 31100
CDSL DP ID NO. : 12052700 DP SEBI REG.NO.IN-DP-CDSL-432-2007
NSE | BSE | RBI | SEBI | CDSL | MCX | AMFI

ATTENTION INVESTORS "Prevent Unauthorised transactions in your account --> Update your mobile numbers/email IDs with us. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day.......... Issued in the interest of investors". "Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with us. 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". "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".

(Note : Best viewed in 1024 X 768 and above resolution also in IE 9 and above all higher versions.)


Copyright © 2015 Tradewell Securities Limited. All rights reserved.

Designed, developed and content provided by dion

SMS Registration

Submit Clear

Mobile Trading

Segment

Submit Clear

logo

Submit Clear

Investors Grievances

DP Grievances
tslgrievance@tradewellmail.com

Trading Grievances
igtsl@tradewellmail.com

Invest By QFI

QFI's Can now invest in Indian Capital Markets Through Tradewell Securities ltd -
For details Contact
Mr K.Brahmaiah - 9246399440/040-23541258.

CLIENT LOGIN

NOTES:

FRANCHISEE LOGIN

NOTES:

INTERNET TRADING

NOTES: