Pre Session
Home >> Markets >> Equity >> News >> Pre Session Detailed News
Negative global cues may put pressure on shares
(08:06, 08 Jun 2018)

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 66 points at the opening bell on negative Asian cues.

Overseas, Asian stocks declined after the mixed close on Wall Street. Japan's economy shrank at an annualized pace of 0.6% in the January-March quarter.

In US, the S&P 500 and Nasdaq Composite ended with modest losses on Thursday, as a selloff in major technology shares put pressure on the benchmarks. Traders were cautious as leaders of the Group of Seven nations kicked off a summit in Canada. The G-7 summit takes place in Canada on Friday, 8 June 2018, and Saturday, 9 June 2018, with the issues related to protectionism and international trade expected to take center stage.

On the US data front, initial jobless claims fell slightly in early June, keeping the rate of layoffs in the US near a 50-year low. Household wealth topped $100 trillion for the first time in the first quarter, the Federal Reserve said. Consumer credit in April slowed to a seasonally adjusted annual rate of 2.9%, or $9.3 billion, down from 3.8% in March.

Closer home, foreign portfolio investors (FPIs) sold shares worth a net Rs 525.40 crore yesterday, 7 June 2018, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 1197.89 crore yesterday, 7 June 2018, as per provisional data.

Local stocks logged sharp gains on upbeat global cues yesterday, 7 June 2018, . The barometer index, the S&P BSE Sensex, rose 284.20 points or 0.81% to settle at 35,463.08. The Nifty 50 index rose 83.70 points or 0.78% to settle at 10,768.35.

Powered by Capital Market - Live News

Adani Ports & Special Economic Zone Ltd     378.25   Up   4.15 (1.11%)   Asian Paints Ltd     1,409.10   Up   8.45 (0.60%)   Axis Bank Ltd     624.40   Down   -2.90 (-0.46%)   Bajaj Auto Ltd     2,735.35   Up   74.00 (2.78%)   Bajaj Finance Ltd     2,839.75   Down   -11.45 (-0.40%)   Bajaj Finserv Ltd     7,063.60   Down   -33.75 (-0.48%)   Bharat Petroleum Corporation Ltd     375.95   Down   -1.65 (-0.44%)   Bharti Airtel Ltd     370.55   Down   -0.85 (-0.23%)   Bharti Infratel Ltd     284.80   Up   2.25 (0.80%)   Cipla Ltd     643.85   Down   -3.05 (-0.47%)   Coal India Ltd     284.05   Up   2.65 (0.94%)   Dr Reddys Laboratories Ltd     2,380.75   Up   16.60 (0.70%)   Eicher Motors Ltd     28,382.80   Down   -93.35 (-0.33%)   GAIL (India) Ltd     379.05   Down   -8.65 (-2.23%)   Grasim Industries Ltd     1,039.85   Down   -6.00 (-0.57%)   HCL Technologies Ltd     988.25   Down   -14.80 (-1.48%)   HDFC Bank Ltd     2,096.20   Up   18.85 (0.91%)   Hero Honda Motors Ltd     3,304.00   Up   61.70 (1.90%)   Hindalco Industries Ltd     226.65   Up   6.95 (3.16%)   Hindustan Petroleum Corporation Ltd     270.00   Up   2.45 (0.92%)   Hindustan Unilever Ltd     1,777.00   Down   -7.75 (-0.43%)   Housing Development Finance Corporation Ltd     1,920.05   Up   34.40 (1.82%)   ICICI Bank Ltd     338.45   Down   -1.55 (-0.46%)   Indiabulls Housing Finance Ltd     1,296.20   Up   29.30 (2.31%)   Indian Oil Corporation Ltd     158.65   Down   -0.90 (-0.56%)   IndusInd Bank Ltd     1,990.95   Up   0.55 (0.03%)   Infosys Technologies Ltd     1,384.25   Down   -46.10 (-3.22%)   ITC Ltd     313.30   Down   -0.45 (-0.14%)   Kotak Mahindra Bank Ltd     1,274.75   Up   11.50 (0.91%)   Larsen & Toubro Ltd     1,323.70   Up   83.55 (6.74%)   Lupin Ltd     869.25   Down   -12.00 (-1.36%)   Mahindra & Mahindra Ltd     969.55   Up   8.05 (0.84%)   Maruti Suzuki India Ltd     9,074.35   Down   -77.75 (-0.85%)   NIFTY (S&P CNX)     11,551.75   Up   81.00 (0.71%)   NTPC Ltd     158.55   Up   0.55 (0.35%)   Oil & Natural Gas Corpn Ltd     168.70   Up   5.65 (3.47%)   Power Grid Corporation of India Ltd     187.65   Up   0.55 (0.29%)   Reliance Industries Ltd     1,234.90   Up   31.15 (2.59%)   State Bank of India     307.65   Up   5.55 (1.84%)   Sun Pharmaceuticals Industries Ltd     626.35   Up   2.85 (0.46%)   Tata Consultancy Services Ltd     2,009.95   Down   -2.80 (-0.14%)   Tata Motors Ltd     270.10   Up   11.85 (4.59%)   Tata Steel Ltd     599.40   Up   19.25 (3.32%)   Tech Mahindra Ltd     687.95   Up   0.25 (0.04%)   Titan Company Ltd     921.70   Down   -19.85 (-2.11%)   UltraTech Cement Ltd     4,300.70   Up   15.00 (0.35%)   UPL Ltd     618.90   Up   2.15 (0.35%)   Vedanta Ltd     221.85   Up   6.65 (3.09%)   Wipro Ltd     285.05   Up   5.00 (1.79%)   Yes Bank Ltd     394.00   Up   0.80 (0.20%)   Zee Entertainment Enterprises Ltd     506.15   Up   2.65 (0.53%)      NSE Data  -  www.nseindia.com (5 minutes delayed) syndicated by www.cmots.com