Trends in the SGX Nifty indicate a positive opening for the broader index in India with a gain of 66.50 points in step with the Wall Street ending marginally up and Asian markets trading in gains.
On Monday, the 30-share benchmark index ended at 57653.86 up by 126.76 points or by 0.22 % and then NSE Nifty was at 16985.7 up by 40.65 points or by 0.24 %.
On the global front, the S&P 500 ended slightly higher on Monday as a deal for Silicon Valley Bank's assets helped boost the bank shares, while a decline in technology-related stocks limited the day's gains.
The S&P 500 banking index gained 3.1 percent, while the KBW regional banking index ended up 0.6 percent. JPMorgan Chase & Co shares climbed 2.9 percent and Bank of America added 5 percent. They were among stocks giving the S&P 500 its biggest boost on Monday.
The Dow Jones Industrial Average surged 194.55 points, or 0.6 percent, to 32,432.08, the S&P 500 gained 6.54 points, or 0.16 percent, to 3,977.53 and the Nasdaq Composite dropped 55.12 points, or 0.47 percent, to 11,768.84.
Asian markets traded mostly in the green in the early hours of March 28 with Straits Times up 0.5 percent, Kospi 0.3 and Nikkei trading flat.
Back home, Top traded Volumes on NSE Nifty – Tata Steel Ltd. 24753289.00, ICICI Bank Ltd. 17047675.00, HDFC Bank Ltd. 15936003.00, State Bank of India 15674218.00, Power Grid Corporation of India Ltd. 14987800.00,
On NSE, total number of shares traded was 22.03 Crore and total turnover stood at Rs. 42777.20 Crore.
On NSE Future and Options, total number of contracts traded in index futures was 567695 with a total turnover of Rs. 51864.01 Crore. Along with this total number of contracts traded in stock futures were 2412029 with a total turnover of Rs. 154135.80 Crore. Total numbers of contracts for index options were 203582107 with a total turnover of Rs. 17726546.31 Crore. and total numbers of contracts for stock options were 3789823 with a total turnover of Rs. 239887.61 Crore.
The FIIs on 27/03/2023 stood as net buyer in equity and debt. Gross equity purchased stood at Rs. 5318.92 Crore and gross debt purchased stood at Rs. 1301.93 Crore, while the gross equity sold stood at Rs. 6775.66 Crore and gross debt sold stood at Rs. 416.33 Crore. Therefore, the net investment of equity and debt reported were Rs. -1456.74 Crore and Rs. 885.60