Live: Nifty Set For Tepid Start; IndiaMART Debut\, McLeod Russel In Focus

Pedestrians exit an escalator that runs past an electronic screen and ticker board that indicates stock figures at the Singapore Exchange Ltd. (SGX) headquarters in Singapore. (Photographer: Bryan van der Beek/Bloomberg)

Live: Nifty Set For Tepid Start; IndiaMART Debut, McLeod Russel In Focus

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Nifty Futures Suggests Tepid Start; Asian Stocks Gain

Good Morning!

The Singapore-traded SGX Nifty, an early indicator of NSE Nifty 50 Index’s performance in India, rose 0.08 percent to 11958 as of 7:50 a.m.

Asian stocks saw modest gains Thursday after their U.S. counterparts rose to all-time highs in thin trading ahead of a holiday.

Shares in Japan, Australia and South Korea rose after the S&P 500 climbed for a fifth day. China and Hong Kong stocks opened little changed.

Short on time? Well, then listen to this podcast for a quick summary of All You Need To Know before the opening bell.

Your Complete F&O Trade Setup

July Futures

  • Nifty futures closed at 11,949, premium unchanged at 32 points.
  • Nifty futures open interest down 1 percent, sheds 1.1 lakh shares in open interest.
  • Bank Nifty futures closed at 31,495.9, premium of 113 points versus 120.6 points.
  • Bank Nifty futures across series OI up 1 percent, adds 9,800 shares in open interest.

Options

  • Nifty PCR at 1.39 versus 1.46 (across all series).

Nifty Weekly Expiry July 4

  • Max open interest on call side at 12,000 (35.5 lakh shares).
  • Max open interest on put side at 11,800 (24.5 lakh shares).
  • Open interest addition seen in 12,000C (+10.6 lakh shares), 11,900P (+3.8 lakh shares).
  • Open interest shedding seen in 11,750P (-2.4 lakh shares), 11,850C (-1.9 lakh shares).

Nifty Monthly Expiry July 25

  • Max open interest on call side at 12,000 (15.3 lakh shares).
  • Max open interest on put side at 11,500 (16.8 lakh shares).

Stocks In Ban

In Ban:

  • DHFL
  • Reliance Capital

New In Ban:

  • Reliance Capital

Trading Tweaks: Aarti Industries, Bharat Financial Inclusion

  • Aarti Industries record date for demerger.
  • Bharat Financial Inclusion record date for amalgamation.
  • Apcotex Industries ex-date for share split from Rs 5 to Rs 2.
  • Star Cement, Sasken Technologies, Welspun Corp ex-date for share buyback.
  • MT Educare, Sicagen India to move into short term ASM Framework.
  • Hotel Leela Venture, Tanla Solutions to move out of short term ASM Framework.
  • MT Educare price band revised to 10 percent.

Bulk Deals: Eros International Media

  • Eros International Media: Missouri Local Government Employees Retirement System sold 5.67 lakh shares or 0.59 percent equity at Rs 18.64 each.

Q1 Earings Corner: Earnings To Watch

Earnings To Watch

  • GM Breweries

New Listing Alert: IndiaMART InterMESH

  • IndiaMART InterMESH to make its stock market debut. The company’s IPO was subscribed 36.2 times.