Weekly market report 20-02-2017 to 24-02-2017

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Transcript of Weekly market report 20-02-2017 to 24-02-2017

Page 1: Weekly market report   20-02-2017 to 24-02-2017

Format No: RH/ETE/WR Revision No: 0

Date: 2 July 2012

For Week Ended

Market Overview

The index started trading with positive note this week due to the indication from other emerging markets. This momentum was carried towards the remaining part of the index and this move gradually ended in a 52-week high. The nifty ended with a gain of 1.34% over the previous week’s gain. While comparing the index, the energy index posted highest gain of 4.29% during the week Resistance for Nifty – 8491/8182 Support for Nifty - 8757/8508

Capital Market Round-up

Index 20-Feb 24-Feb % Change

Sensex 28,662 28,893 0.81%

Nifty 8,879 8,940 0.68%

BSE Midcap 13,514 13,532 0.13%

BSE Small cap 13,590 13,588 -0.01%

Major Market Indicators

Index 20-Feb 24-Feb % Change

Re / $ 66.94 66.59 -0.52%

Crude INR 3,613 3,595 -0.49%

Gold INR 22,120 22,320 0.90%

Sectoral Market Indices

BSE Index 20-Feb 24-Feb % Change

Bankex 23,523 23,825 1.28%

Capital goods 15,330 15,337 0.04%

Health Care 15,421 15,342 -0.52%

Information Technology

10,397 10,379 -0.18%

Metal 11,850 11,875 0.21%

Oil & Gas 13,312 13,624 2.34%

Power 2,245 2,205 -1.79%

Global Market update

Index 20-Feb 24-Feb % Change

Dow Jones 20,624 20,822 0.96%

Nikkei 19,251 19,284 0.17%

Hang Seng 24,146 23,966 -0.75%

FTSE 7,300 7,244 -0.77%

For the Week Ended 20-02-17 to 24-02-17

Market Commentary

Past Week, Sensex moved up by 0.81% and Nifty was up by 0.68%. Rupee appreciated 0.52% to 66.59 USD.

Top gainer of the week is Reliance Inds. (15.20%) and top loser is Bharti Bharti Infratel Ltd. (-6.67%)

Economic News

Airtel Payments Bank plans to partner NBFCs, insurance companies. Read More

VC investments in India decline to $216 million in 2016: KPMG. Read More

Direct Benefit Transfer leads to Rs 50,000-crore savings for government in 3 years. Read More

Industry News

Sun Pharma research arm SPARC gets income

tax demand notice for Rs32.87 crore. Read More

Telecom deals are back on the table as CEOs

head for Barcelona summit. Read More

CDPQ arm Ivanhoé Cambridge partners

Piramal, commits $250 million. Read More

Page 2: Weekly market report   20-02-2017 to 24-02-2017

Format No: RH/ETE/WR Revision No: 0

Date: 2 July 2012

Media Coverage

Coverage: Femina (Magazine)

Topic: How to make the most of your credit card?

Read More

Learning Centre

Paid-Up Capital: Paid-up capital is the amount of money a company has received from

shareholders in exchange for shares of stock. Paid-up capital is only created when a company sells its

shares on the primary market directly to investors. When shares are bought and sold between

investors on the secondary market, no additional paid-up capital is created because the proceeds of

those transactions go to the selling shareholders, not the issuing company Source: Investopedia

New Product Information

ICICI Prudential Capital Protection Oriented Fund XI 1247 Days Plan D

NFO Opens on: Feb 17, 2017; NFO Closes on: Mar 03, 2017

Type: Close Ended; Investment Plan: Growth, Dividend

Fund Class: Equity: Hybrid: Debt-oriented Conservative

Fund Manager : Chandini Gipta/Ihab Dalwai/Rahul Goswami/Vinay Sharma

Min Investment: Rs. 5,000;

Riskometer: Moderately Low; Benchmark: Crisil Composite Bond

Right Horizons Research Team

Mr. Dattatreya B K Head of Research [email protected]

Ms. Nibha Valsan Business Analyst [email protected]

You can also reach us at [email protected]

Disclaimer:

The analysis is based on the information provided by the clients. Right Horizons has used information that is publicly available and developed in-house; and gathered from sources

believed to be reliable. Right Horizons does not warrant accuracy and/or completeness of the same. Please note that persons subscribing or planning to subscribe the recommended

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