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(As on Feb 23, 2018, 07:57)

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The Indian benchmark indices are set to open higher on Friday amid positive cues from other Asian peers.

The Asian markets have opened on a higher note as comments from a Federal Reserve official eased worries that the central bank might raise rates more aggressively this year, while Wall Street closed higher in the previous trading session buoyed by gains in industrial and energy shares as U.S. Treasury yields eased.

On the economy front, the markets may react to a report that currency in circulation in India stood at Rs17.78 trillion as on February 16, reaching 98.94 percent of the pre demonetisation level.

On the corporate front, PNB will remain in focus after the Rs 11,400 crore fraud detected at Punjab National Bank (PNB) could trigger prompt corrective action (PCA) by Reserve Bank, leading to stoppage in lending by it for sometime.

Also, the rupee took another beating and plunged by 28 paise to end at a new three-month low of 65.04 against the US dollar even as importers rushed to cover unhedged positions amid fears over an imminent Fed rate hike.

Positive trends in the SGX Nifty Index Futures for March delivery, which were trading at 10,406.50, up by 21 points or 0.20 per cent, at 10:20 AM Singapore time, signalled a flat to higher opening for the domestic bourses.

On Thursday, the Indian equities ended marginally lower in bearish trade tracking weak cues from Asian peers, led by selling in oil & gas and PSU stocks. The 30-share benchmark index closed at 33819.5, down by 25.36 points or by 0.07 per cent, and the NSE Nifty was at 10382.7, down by 14.75 points or by 0.14 per cent.

Top traded Volumes on NSE Nifty – State Bank of India 25584062.00, ICICI Bank Ltd. 25530698.00, ITC Ltd. 19118686.00, Vedanta Ltd. 17254470.00, YES Bank Ltd. 14787238.00, On NSE, total number of shares traded was 121.05 Crore and total turnover stood at Rs. 28622.37 Crore. On NSE Future and Options, total number of contracts traded in index futures was 327458 with a total turnover of Rs. 27844.56 Crore. Along with this total number of contracts traded in stock futures were 1723160 with a total turnover of Rs. 118141.75 Crore. Total numbers of contracts for index options were 8467051 with a total turnover of Rs. 732681.45 Crore. and total numbers of contracts for stock options were 674855 with a total turnover of Rs. 48761.76 Crore. The FIIs on 22/02/2018 stood as net buyer in equity and debt. Gross equity purchased stood at Rs. 5874.14 Crore and gross debt purchased stood at Rs. 806.39 Crore, while the gross equity sold stood at Rs. 7094.89 Crore and gross debt sold stood at Rs. 1699.10 Crore. Therefore, the net investment of equity and debt reported were Rs. -1220.75 Crore and Rs. -892.71

SEBI REGN NO -NSE CASH : INB231283533 NSE EQUITY DERIVATIVES : INF231283533 NSE CURRENCY DERIVATIVES : INE231283533 BSE CASH: INB011283539 BSE EQUITY DERIVATIVES: INF011283539
FMC unique member code - MCX : MCX/TCM/CORP/1033 NCDEX MEMBER ID:00884 FMC unique member code - NCDEX : NCDEX/TCM/CORP/0854
DP ID No. : 12052700   DP Sebi Reg.No.IN-DP-CDSL-432-2007
NSE | BSE | RBI | SEBI | CDSL | MCX | NCDEX

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