«We expect the market to turn cautious and consolidate in the near term amid key macro data to be announced and the last leg of Q3 results,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal.
Here's breaking down the pre-market actions:
STATE OF THE MARKETS
Stocks in F&O ban today
1) Hindustan Copper
2) India Cements
3) Indus Tower
4) PNB
5) ZEE
6) Ashok Leyland
7) UPL
8) Balrampur Chini Mills
9) Delta Corp
10) SAIL
11) Aurobindo Pharma
12) SAIL
Securities in the ban period under the F&O segment include companies in which the security has crossed 95% of the market-wide position limit.
FII/DII action
Foreign portfolio investors net bought shares worth Rs 141 crore on Friday. DIIs, meanwhile, sold shares worth Rs 421 crore.
Rupee
The rupee fell 11 paise to 83.07 against the US dollar on Friday, tracking a strong American currency and elevated crude oil prices in the international market
FII data
The net short of FIIs reduced from Rs 92,760 crore on Thursday to Rs 83,853 crore on Friday.
Q3 results
Coal India, HAL, NHPC, SAIL and a slew of other companies will announce their third quarter results today.
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