The Indian equity markets are likely to open lower in trade on Friday amid unfavorable global sentiments. As of 7:50 AM, the SGX Nifty Futures quoted 15,722 levels, signaling a cut of 50-odd points on the Nifty50.
Investors will watch out monthly auto sales figures due on Friday, July 1 as they pin hopes of revival from chip crunch and supply disruptions to aid demand. That apart, Future Enterprises once again defaulted on interest of payment of Rs 6.1 crore for its NCDs.
On Thursday, the 30-share benchmark index ended at 53018.94 down by -8.03 points or by -0.02 % and then NSE Nifty was at 15780.25 down by -18.85 points or by -0.12 %.
On the global front, the US markets continued to be under selling pressure on Thursday. Fed's tough talks coupled with recession fears eroded investor sentiment and bogged down the S&P 500 to the path of worst first half of the year since 1970. Both Dow Jones and the S&P 500 shed 0.8 per cent each, whereas, NASDAQ Composite lost 1.3 per cent.
Major markets in Asia-Pacfic followed the glum overseas on Friday morning. Japan's Nikkei 225 dropped 0.7 per cent and South Korea's Kospi shed 0.1 per cent.
Back home, Top traded Volumes on NSE Nifty – Oil And Natural Gas Corporation Ltd. 38725546.00, Hindalco Industries Ltd. 21225418.00, Tata Motors Ltd. 20121916.00, NTPC Ltd. 19270932.00, ITC Ltd. 19262054.00,
On NSE, total number of shares traded was 165.99 Crore and total turnover stood at Rs. 47834.51 Crore.
On NSE Future and Options, total number of contracts traded in index futures was 762335 with a total turnover of Rs. 61399.78 Crore. Along with this total number of contracts traded in stock futures were 2228681 with a total turnover of Rs. 131396.20 Crore. Total numbers of contracts for index options were 246467341 with a total turnover of Rs. 20140935.01 Crore. and total numbers of contracts for stock options were 2325535 with a total turnover of Rs. 149004.28 Crore.
The FIIs on 30/06/2022 stood as net buyer in equity and debt. Gross equity purchased stood at Rs. 5971.77 Crore and gross debt purchased stood at Rs. 53.50 Crore, while the gross equity sold stood at Rs. 6280.59 Crore and gross debt sold stood at Rs. 113.47 Crore. Therefore, the net investment of equity and debt reported were Rs. -308.82 Crore and Rs. -59.97