{"id":20202,"date":"2022-09-08T08:36:03","date_gmt":"2022-09-08T03:06:03","guid":{"rendered":"https:\/\/flattrade.in\/kosh\/?p=20202"},"modified":"2022-09-08T09:56:25","modified_gmt":"2022-09-08T04:26:25","slug":"pre-market-report-sgx-nifty-hints-strong-opening-for-indian-indices-indigo-sbi-and-ndtv-in-focus","status":"publish","type":"post","link":"https:\/\/flattrade.in\/kosh\/pre-market-report-sgx-nifty-hints-strong-opening-for-indian-indices-indigo-sbi-and-ndtv-in-focus\/","title":{"rendered":"Pre Market Report: SGX Nifty hints at strong opening for benchmark indices; IndiGo, SBI and NDTV in focus"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"20202\" class=\"elementor elementor-20202\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-423bbb38 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"423bbb38\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-27d94615\" data-id=\"27d94615\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1919485a elementor-widget elementor-widget-heading\" data-id=\"1919485a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Market Opening - An Overview<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-32702696 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"32702696\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-11f0c400\" data-id=\"11f0c400\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-523cfef2 elementor-widget elementor-widget-text-editor\" data-id=\"523cfef2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Nifty futures on the Singapore Exchange were trading 0.56% higher at 17,729, signalling that Dalal Street was headed for a positive start on Thursday.<\/p><p>Japanese socks were trading higher, tracking a rally on Wall Street overnight. Japan\u2019s Nikkei jumped 2.05% and Topix was up 1.95%. Meanwhile Chinese markets were trading lower with the Hang Seng falling 0.48% and CSI 300 inching down 0.01%.<\/p><p>The Indian rupee fell 6 paise to 79.90 against the US dollar on Wednesday.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-67a0eae elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"67a0eae\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-10cbe793\" data-id=\"10cbe793\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-88f35dc elementor-widget elementor-widget-heading\" data-id=\"88f35dc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><br>FII\/DII Trading Data<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c8d26a0 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c8d26a0\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-d20ae87\" data-id=\"d20ae87\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b3f9fb5 elementor-widget elementor-widget-image\" data-id=\"b3f9fb5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"1024\" src=\"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2022\/09\/FII-MARKET-1-4-1024x1024.jpg\" class=\"attachment-large size-large wp-image-20208\" alt=\"\" srcset=\"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2022\/09\/FII-MARKET-1-4-1024x1024.jpg 1024w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2022\/09\/FII-MARKET-1-4-300x300.jpg 300w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2022\/09\/FII-MARKET-1-4-150x150.jpg 150w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2022\/09\/FII-MARKET-1-4-768x768.jpg 768w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2022\/09\/FII-MARKET-1-4-450x450.jpg 450w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2022\/09\/FII-MARKET-1-4-780x780.jpg 780w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2022\/09\/FII-MARKET-1-4.jpg 1201w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1ccef1f2 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1ccef1f2\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3cc6b25\" data-id=\"3cc6b25\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2db92fb6 elementor-widget elementor-widget-heading\" data-id=\"2db92fb6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Stocks in News Today\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1c149797 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1c149797\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7becb1b2\" data-id=\"7becb1b2\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6ef55759 elementor-widget elementor-widget-text-editor\" data-id=\"6ef55759\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>InterGlobe Aviation (IndiGo):<\/strong> Rakesh Gangwal, co-founder of IndiGo, and his family are looking to sell a 2.8% stake in InterGlobe Aviation, the holding company which runs IndiGo airlines, through a block deal. Morgan Stanley, one of the investment banks looking after the sale, launched a block deal, according to a notification to the stock exchanges. As part of the block deal, about 10.8 million shares have been listed for sale for Rs 19.96 billion. The shares are listed at Rs 1,850 apiece as against the company\u2019s closing price of Rs 1,977.70 on September 7.<\/p><p><strong>State Bank of India (SBI):<\/strong> The country\u2019s largest lender issued additional tier-1 (AT1) bonds worth a total of Rs 6,872 crore at a cut-off of 7.75%, the lowest rate set for such debt issuances by any bank so far in the current financial year, Business Standard reported. \u201cThere was already assured demand for a large portion of the notified amount of SBI\u2019s bonds,\u201d the report said citing a senior treasury official.<\/p><p>Separately, Bank of Maharashtra on Wednesday issued AT1 bonds worth Rs 710 crore at a cut-off rate of 8.74 per cent.<\/p><p><strong>NDTV<\/strong>: The company in an exchange filing said that the Adani Group has made an open offer to acquire additional 26 per cent stake (16.76 million shares) at Rs 294 per share. The open offer will begin on October 17 and end on November 01.<\/p><p><strong>HDFC Bank<\/strong>: The private sector lender has increased its marginal cost of funds-based lending rate (MCLR) by 10 basis points (bps), with effect from September 7.The bank will offer overnight rates at 7.9%. The MCLR rates will be 7.90% for one month, 7.95% for three months and 8.05% for six months, according to the bank\u2019s website.<\/p><p><strong>Dr. Reddy\u2019s Laboratories<\/strong>: The pharma firm has launched Lenalidomide Capsules, a therapeutic equivalent generic version of REVLIMID (lenalidomide) Capsules approved by the USFDA in the US market. With this volume-limited launch, Dr. Reddy\u2019s is eligible for first-to-market, 180 days of generic drug exclusivity for Lenalidomide Capsules in 2.5 mg and 20 mg strengths.<\/p><p><strong>Indian Railway Catering and Tourism Corporation (IRCTC):<\/strong> The company has emerged as the successful bidder in the e-auction for sale of commercial built up space in WTC Nauroji Nagar, New Delhi.<\/p><p><strong>Zee Entertainment:<\/strong> The Mumbai bench of the National Company Law Tribunal (NCLT) on Wednesday directed Zee Entertainment to convene a shareholders\u2019 meet on October 14 for approving the merger with Culver Max Entertainment (formerly known as Sony Pictures Network).<\/p><p><strong>Concord Drugs:<\/strong> The company\u2019s board has given approval for the acquisition of up to 100% stake in Proton Remedies Private Limited at Rs 283 per share on cash basis, and issue of up to 12,56,250 convertible warrants to the promoters on preferential basis at an issue price of Rs 33 per warrant.<\/p><p><strong>Schneider Electric Infrastructure:<\/strong> The company has received approval from its board for enhancing the production capacity of vacuum interrupters and vacuum circuit breakers by setting up a manufacturing unit in Kolkata.<\/p><p><strong>Zydus Lifesciences:<\/strong> The company has has achieved positive proof-of-concept in its Phase 2 clinical study of NLRP3 inhibitor, ZYIL1 in patients with cryopyrin-associated periodic syndrome (CAPS). CAPS is a rare, life-long, auto-inflammatory condition, caused by NLRP3 activating mutations and is classified as an orphan disease.<\/p><p><strong>CG Power and Industrial Solutions:<\/strong> Standard Chartered Bank (Singapore) sold 1,38,45,000 equity shares in the company via open market transactions and the shares were sold at an average price of Rs 215 apiece.<\/p><p><strong>AAVAS Financiers:<\/strong> CARE upgrades credit rating on the company\u2019s long term facilities. The rating agency said that the company&#8217;s long term facilities credit rating has been upgraded to AA from AA-, while reaffirming the short term facilities rating. The outlook on the long term facilities rating is revised to Stable from Positive.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4f67841d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4f67841d\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-31b0ed2a\" data-id=\"31b0ed2a\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-78ab0fc7 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"78ab0fc7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/ekyc.flattrade.in\/openaccount\/?utm_source=Blog&#038;utm_medium=organic&#038;utm_campaign=Demat+Account\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Open a Free Demat Account<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"Market Opening &#8211; An Overview Nifty futures on the Singapore Exchange were trading 0.56% higher at 17,729, signalling&hellip;","protected":false},"author":5,"featured_media":10661,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"csco_display_header_overlay":false,"csco_singular_sidebar":"","csco_page_header_type":"","csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_location_hash":"","csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"csco_post_video_bg_volume":false,"footnotes":""},"categories":[42],"tags":[46,43,78,48,26,77,47,24,23],"class_list":{"0":"post-20202","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-morninger","8":"tag-market-news","9":"tag-market-update","10":"tag-nifty","11":"tag-nifty-today","12":"tag-nse","13":"tag-sensex","14":"tag-sensex-today","15":"tag-share-market","16":"tag-stock-market","17":"cs-entry","18":"cs-video-wrap"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Pre Market Report: SGX Nifty hints at strong opening for benchmark indices; IndiGo, SBI and NDTV in focus - Flattrade Kosh<\/title>\n<meta name=\"description\" content=\"Nifty futures on the Singapore Exchange were trading 0.56% higher at 17,729, signalling that Dalal Street was headed for a positive start on Thursday.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/flattrade.in\/kosh\/pre-market-report-sgx-nifty-hints-strong-opening-for-indian-indices-indigo-sbi-and-ndtv-in-focus\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pre Market Report: SGX Nifty hints at strong opening for benchmark indices; IndiGo, SBI and NDTV in focus - Flattrade Kosh\" \/>\n<meta property=\"og:description\" content=\"Nifty futures on the Singapore Exchange were trading 0.56% higher at 17,729, signalling that Dalal Street was headed for a positive start on Thursday.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/flattrade.in\/kosh\/pre-market-report-sgx-nifty-hints-strong-opening-for-indian-indices-indigo-sbi-and-ndtv-in-focus\/\" \/>\n<meta property=\"og:site_name\" content=\"Flattrade Kosh\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-08T03:06:03+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-09-08T04:26:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2022\/01\/close-up-five-rows-coins.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"667\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Flattrade\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Flattrade\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/flattrade.in\/kosh\/pre-market-report-sgx-nifty-hints-strong-opening-for-indian-indices-indigo-sbi-and-ndtv-in-focus\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/flattrade.in\/kosh\/pre-market-report-sgx-nifty-hints-strong-opening-for-indian-indices-indigo-sbi-and-ndtv-in-focus\/\"},\"author\":{\"name\":\"Flattrade\",\"@id\":\"https:\/\/flattrade.in\/kosh\/#\/schema\/person\/0df49afdcdc9b8cf2e54f80cbc763e04\"},\"headline\":\"Pre Market Report: SGX Nifty hints at strong opening for benchmark indices; 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