By Lohit B |
2/1/2017 3:17 PM Wednesday
Here is the complete Budget speech by Union Finance Minister Arun Jaitley.
Budget 2017-18 speech.pdf
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Overall volumes in futures & options currently stand at 48.94 lakh contracts with a turnover of Rs. 4,31,171 crore.
However, if this support zone is breached, selling pressure may intensify in that case supports are seen around 10,080 and 10,040 levels. On the upside, the level of 10,180 is a key resistance level.
Domestic markets are likely to make a soft to cautious start on sluggish global cues. The Nifty futures on the Singapore Exchange were trading at 10,147 lower by 21 points.
The Ministry of Finance has imposed anti-dumping duty on truck and bus radials (TBR) from China, which lifted tyre stocks in early trade today.
Following stocks are close to their 52-week low as at 12.47 p.m. on September 20.
The markets on September 20 opened up. BSE Sensex is trading at 32,404.86, up by 2.49 points and the Nifty is trading at 10,144.75, down by 2.80 points.
Overall volumes in futures & options currently stand at 44.21 lakh contracts with a turnover of Rs. 3,80,640.95 crore.
Whereas, on the downside, the gap area of 10,115-10,131 may act as a strong support in the coming days, however, if this support is breached than selling pressure may be seen in this case nifty may fall up to levels of 10,080 and 10,040.
Indian shares are likely to witness a muted opening as the Asian markets trade on a subdued note. The Nifty futures on the Singapore Exchange were trading at 10,156 with losses of 11 points, indicating a muted opening.
The forthcoming IPO of Prataap Snacks Ltd consists of fresh issue of equity shares with face value of Rs 5 each worth Rs 200 crore and offer for sale (OFS) of 30,05,770 equity shares worth Rs 220 crore, with the issue size aggregating to Rs 420 crore.