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Markets expected to open in the green on the back of positive global cues

Global markets

Major Asian markets are trading in the green at present. Shanghai Composite is up 0.67%, Hang Seng is up 0.49 %, Kospi is also trading  0.33% higher.

US markets: US stocks kicked off 2018 on a positive note. The S&P 500 and Nasdaq ended at record closing highs with Nasdaq ending above 7,000 for the first time. The Dow Jones Industrial Average rose 0.4%, to 24,824. The S&P 500 rose 0.8%, to 2,696 while the Nasdaq Composite Index closed at 7,007 up 1.5%. Energy and technology stocks were the major outperformers.

European markets closed in the red yesterday with FTSE down 0.52%, CAX down 0.45% and DAX down 0.36%. 
FII Data:  In yesterday’s session, FII’s bought 522 crores stock in the cash market, whereas DII’s bought 64 crores worth of stocks. In the derivative market, FII’s sold 1,030 crores of Index futures and bought 1,544 crores worth of Index options. In the Stock futures segment, FII’s sold 415 crores worth of stock futures and bought 18 crores stock options.

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