Nifty futures closed in the positive with a gain of 0.35 per cent at 10,786. The index failed to hold above 10,850 and drifted towards 10,786 level. It formed a Shooting Star candle on a daily scale, indicating the absence of followup buying at higher levels.
3. FII ACTIVITIES ( RS. IN CRORE)
DII ACTIVITIES ( RS. IN CRORE)
Market News:
ITC has acquired floor cleaning brand Nimyle
fromArpita Agro Products for an
undisclosed amount, marking the cigarette-
biscuits-hotelmajor's entry into the home
caresegment.
Aurobindo Pharma receives USFDA’s
approvalfor OmeprazoleDR Tablets .
RMC Switchgears receives order Rs 972.40
lakhs for supply of 400 & 200 Amp.L.T.
Distribution Kiosks to JVVNL.
Natco Pharma launches generic
PosaconazoleInjection.
FII GROSS
PURCHASE
GROSS
SALES
NET
PURCHASE/
SALES
11-June-2018 4017.16 5173.93 1156.77
08-June-2018 4875.04 5097.54 222.50
07-June-2018 3619.64 4145.04 525.40
DII GROSS
PURCHASE
GROSS
SALES
NET
PURCHASE/
SALES
11-June-2018 4192.89 3130.07 1062.82
08-June-2018 3464.66 3005.22 459.44
07-June-2018 4110.87 2912.98 1197.89
4. NIFTY WRAP
CHART
NIFTY Outlook
Nifty futures closed in the positive with a gain of 0.35 per cent at 10,786. The index
failed to hold above 10,850 and drifted towards 10,786 level. It formed a Shooting
Star candle on daily scale, indicating the absence of followup buying at higher levels.
5. Phoenix Mills’ arm acquires under-construction
retail development at Lucknow.
P.hoenix Mills' 100% subsidiary Destiny HospitalityServices (DHSPL)
has signed definitive agreement to acquire an under-construction
retail development in Lucknow for Rs 453 crore. DHSPL will develop
this assetas Phoenix MarketCity Lucknow with leasable area of
approximately0.9 million sq. ft. The asset was e-auctioned by
Lucknow Development Authority (LDA) wherein DHSPL emerged as
the highest bidder. The under-construction retail asset is spread over
13.5 acres and is located adjacent to Ekana International Stadium and
part of an envisaged 34-acre Super Mega Mixed Use Integrated
Project comprising retail, hospitality and commercial developments.
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