Nifty Morning Outlook on 14-11-2014 Nifty future opening expected to be positive in the range of 8395 – 8400 ahead of mixed Global markets. Nifty: According to Pivot points table support for Nifty Future prices at 8343 and 8306 level. 8424 and 8468 found resistance to the nifty future. Bank Nifty: According to Pivot points table support for Bank Nifty Future prices at 17417 and 17306 levels. 17687 and 17846 found resistance to the Banks nifty. USDINR Movement: On 13th November USD/INR closed flat at 61.68 (+0.02 or +0.02%) on NSE. Trade Statistics on 13-11-2014: The turnover of cash and F&O in NSE is Rs 17,095.66 crs and Rs 2,05,893.98 crs respectively FII and DII activities in cash segment: On 13-11-2014 FII net bought equities worth Rs 690.61 crs While DII net sold worth Rs -738.24 crs Stocks to watch: Aditya Birla Nuvo - Aditya Birla Group planning foray into e-commerce Q2 Results Today ONGC , State Bank of India , Tata Motors, BHEL , BEML, TVS Motor, Reliance Comm, Reliance Capital, Punj Lloyd, Britannia Ind, CESC, PTC India, JK Tyre, Lanco Infra, HDIL, Future Retail, Videocon Ind, Hanung Toys, GMDC, GE Shipping, Gitanjali Gems, Essar Ports, Den Networks, Aptech, Anant Raj, ABG Shipyard Major Economical Events: India, US agree on food stockpiling, clear way for WTO deal India has reached an agreement with the United States on public stockpiling of food, trade minister Nirmala Sithamaran said on Thursday, paving the way for the implementation of a global trade facilitation deal that has been stalled for months. Under the pact with Washington, India will lift a veto on a global agreement on streamlining customs rules that is likely to add $1 trillion to the world economy as well as 21 million jobs, 18 million of them in developing countries. It has been agreed between the two countries that the peace clause, crucial for uninterrupted implementation of Indias food security programme, will continue indefinitely till a permanent solution is found by the WTO. As per the Bali agreement, the peace clause, which gives legal security to member countries and protects them from being challenged under other WTO agreements, was to continue till 2017. Washington, which was the principal opponent of Indias food scheme on the grounds that it distorted trade, hailed Thursdays deal. Trade Representative Michael Froman said it would give new momentum to multilateral efforts at the WTO and predicted the Trade Facilitation Agreement (TFA) struck by the WTO last year in Bali, Indonesia, would now win quick ratification.
Posted on: Fri, 14 Nov 2014 03:24:34 +0000
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