NIFTY Outlook:
Rudra Investment is the Best Share Market Tips Provider for the investment in The domestic equity indices snapped out of a two-session losing streak to settle 0.5 per cent higher on Friday led by a rise in public sector banks and metal stocks. The S&P BSE Sensex ended at 35,695, up 181 points or 0.51 percent, while the broader Nifty50 index settled at 10,727, up 55 points or 0.52 percent. On a weekly basis, the S&P BSE Sensex fell 1.05 percent, while the Nifty 50 declined 1.22 percent.
OPEN INTEREST AND VOLUME
NIFTY GAINERS
FII ACTIVITIES ( RS. IN CRORE)
DII ACTIVITIES ( RS. IN CRORE)
Rudra Investment is the Best Share Market Tips Provider for the investment in The domestic equity indices snapped out of a two-session losing streak to settle 0.5 per cent higher on Friday led by a rise in public sector banks and metal stocks. The S&P BSE Sensex ended at 35,695, up 181 points or 0.51 percent, while the broader Nifty50 index settled at 10,727, up 55 points or 0.52 percent. On a weekly basis, the S&P BSE Sensex fell 1.05 percent, while the Nifty 50 declined 1.22 percent.
NIFTY SNAPSHOT
INDEX
|
OPEN
|
HIGH
|
LOW
|
CLOSE
|
NIFTY 50
|
10739.95
|
10793.45
|
10678.00
|
10782.00
|
BANKNIFTY
|
27169.00
|
27431.00
|
27058.00
|
27376.00
|
INDEX
|
CURRENT
|
PREVIOUS
|
% CHANGE
|
NIFTY OI
|
25852125
|
25414200
|
0.98
|
NIFTY VOLUME
|
170444
|
149497
|
0.87
|
BANKNIFTY OI
|
1591160
|
1558740
|
0.98
|
BANKNIFTY
VOLUME
|
189614
|
138865
|
0.73
|
NIFTY GAINERS
SYMBOL
|
CMP
|
% CHANGE
|
INFRATEL
|
287.00
|
5.67
|
YESBANK
|
190.00
|
3.20
|
VEDL
|
193.90
|
3.17
|
TATAMOTORS
|
171.15
|
3.07
|
BHARTIARTL
|
322.00
|
2.71
|
NIFTY LOSERS
SYMBOL
|
CMP
|
% CHANGE
|
HCLTECH
|
932.00
|
1.72
|
TECHM
|
681.40
|
1.42
|
INFY
|
660.25
|
1.33
|
HEROMOTOCO
|
2985.00
|
0.98
|
INDUSINDBK
|
1545.00
|
0.95
|
FII
|
GROSS PURCHASE
|
GROSS SALES
|
NET PURCHASE/ SALES
|
04-JAN-2019
|
3130.60
|
3288.32
|
157.72
|
03-JAN-2019
|
3941.51
|
4914.32
|
972.81
|
02-JAN-2019
|
2573.57
|
3194.63
|
621.06
|
DII
|
GROSS
PURCHASE
|
GROSS
SALES
|
NET PURCHASE/ SALES
|
04-JAN-2019
|
2843.61
|
2603.01
|
240.6
|
03-JAN-2019
|
2835.58
|
2801.06
|
34.52
|
02-JAN-2019
|
3075.06
|
3301.24
|
226.18
|
Market News:
- Supreme Court defers hearing of Ram temple title suit till January 10
- Ahmedabad CGST officials bust fake GST invoice racket worth Rs 175 crore
- Ashok Leyland hits an 18-month low on weak December sales
- GM Breweries tanks 13% post 25% drop in Q3 net profit
- Future Retail nears 52-week low; slumps 21% in eight trading sessions
CGST shortfall may force govt to cut spending to meet the fiscal deficit target
Despite crossing the Rs 1-trillion mark twice this year, the goods and services tax (GST) collections are running well behind the budgeted target. As opposed to a monthly target of Rs 1.04 trillion, the monthly run rate adjusting for refunds works out to around Rs 89,600 crore according to a report by Kotak Institutional Equities. While the report pegs the Centre’s GST shortfall at Rs 1 trillion, adjusting for tax devolution to states, the Centre is possibly staring at a shortfall of Rs 58,000 crore. Part of the gap may be plugged by higher than expected direct tax collections, though meeting the disinvestment target might be difficult, say analysts Business Standard spoke to. This could force the government to either cut its capital expenditure this year or roll over spending on account of subsidies to next year in order to meet the fiscal deficit target.