Pre-market: Sensex to open in green amid positive Asian cues Analysis for Jul 14, 2014

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Shrugging of the disappointment from Union Budget, the 30-share bellwether index- Sensex is expected to open in green over strong IIP data. For the month of May, the country"s industrial output rose to 4.7 per cent, which is highest in 19 months since October 2012. The sentiments are further likely to be supported by positive cues from most of the Asian markets in the morning trading session.

Japan"s Nikkei 225 was trading at 15,221, up by 57 points; Hong Kong"s Hang Seng index was at 23,310, up by nearly 77 points; Taiwan Index was trading up by 33 points at 9,529; and China"s Shanghai Composite was at 2,048, up by 1.42 points.

Back home, the BSE"s SENSEX closed at 25024.35, down by 348.4 points or by 1.37 per cent on Friday and the NSE"s wide-based Nifty ended at 7459.6, down by 108.15 points or by 1.43 per cent.

On BSE, total number of shares traded was 32.10 Crore and total turnover stood at Rs. 3763.91 Crore.

The FIIs on 11/07/2014 stood as net buyer in equity and debt. Gross equity purchased stood at Rs. 5860.42 Crore and gross debt purchased stood at Rs. 1270.20 Crore, while the gross equity sold stood at Rs. 4866.45 Crore and gross debt sold stood at Rs. 678.44 Crore. Therefore, the net investment of equity and debt reported were Rs. 993.97 Crore and Rs. 591.76

Story first published: Monday, July 14, 2014, 8:36 [IST]
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