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Thursday, 5 July 2018

CAPITALSTARS FRIDAY MORNING MAIL UPDATE

CapitalStars Investment Adviser

Nifty down in pre-opening

Indian Indices: Trends on SGX Nifty indicate a negative opening for the broader index in India, a fall of 26.5 points or 0.25 percent.
Nifty futures were trading around 10,731-level on the Singaporean Exchange.

Global Market:
• Asian markets- Asian markets are lower today as Japanese and Hong Kong shares fall.
        The Nikkei 225 is off 0.67% while the Hang Seng is down 0.36%.
        The Shanghai Composite is not trading.

• US Markets: Asian shares trade mixed; markets cautious ahead of wave of US-China tariffs

• European markets: European markets finished broadly higher today with shares in
        Germany leading the region.
        The DAX is up 1.19% while France's CAC 40 is up 0.86% and London's FTSE 100 is up 0.40%.

Major Headlines of the day:

•       Indian rupee opens higher at 68.88 per dollar.

• Oil markets tense as US and China on brink of trade war.

• Asian stocks on edge hours before tariff deadline.

• Wall Street rises on US-EU trade relations optimism.

Trend in FII flows:-  The FIIs were Net Value of Rs  -159.37 in the cash segment while the DIIs were Net Value of Rs -296.97as per the provisional figures.

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