The BSE Sensex on Thursday settled 41 points up at 28412.89 on account of buying in FMCG, realty and healthcare stocks amid mixed global cues. The NSE Nifty 50 index also settled 15.95 points up at 8742.55. In the 50-share index, BHEL, ZEEL, Reliance Industries, Maruti Suzuki and ITC gained between 1.58 per cent and 2.71 per cent. On the other hand, YES Bank, Power Grid, Tata Steel, Axis Bank and Bajaj Auto slipped between 1.40 per cent and 2.32 per cent.
Below are 5 things you should know before market opens on Friday:
1) Nifty futures on the Singapore Stock Exchange, or SGX Nifty, was trading 40.50 points, or 0.46 per cent, up at 8818, indicating a positive start of domestic equity markets on Friday.
2) Asian peers were also trading higher in the morning trade. Hang Seng and Nikkei were up by 0.63 per cent and 0.36 per cent, respectively, in the morning trade.
3) US stock market gained on Thursday, boosted by Apple and lackluster economic data that further dimmed the prospects of an interest rate hike in the near term. The Dow Jones Industrial Average index advanced 177.71 points, or 0.99 per cent, to 18,212.48. The Standard & Poor’s 500 index also climbed 21.49 points, or 1 per cent, to 2,147.26. The Nasdaq Composite index closed 75.92 points, or 1.5 per cent, up at 5,249.69.
4) Foreign institutional investors stood net sellers on Thursday in equity segment, while they were net buyers in debt segment, according to data released by the NSDL. In equity segment, the gross buying was of Rs 4,624.61 crore against gross selling of Rs 5,097.77 crore. Thus, FIIs stood as net sellers of Rs 473.16 crore in equities. In the debt segment, the gross purchase was of Rs 1,895.32 crore with gross sales of Rs 1,759.26 crore. Thus, FIIs stood as net buyers of Rs 136.06 crore in debt.
5) Oil marketing companies such as IOC, BPCL and HPCL will remain in focus on Friday. Petrol price was hiked by 58 paise a litre while diesel rate was cut by 31 paise per litre in line with international trends.