Weekly market report 27-03-2017 to 31-03-2017

3
Format No: RH/ETE/WR Revision No: 0 Date: 2 July 2012 For Week Ended CEO’s Desk Nifty trading started the week on a negative note on witness of profit taking in individual counter. “20 DEMA” acted as a sheet anchor leading the index uptrend on Tuesday. The remaining part of the week, the nifty crept higher without penetrating below its previous day’s low and ended with marginal gain of 0.72% over previous week. Resistance for Nifty – 8723/8275 Support for Nifty - 9057/8729 Capital Market Round-up Index 27-Mar 31-Mar % Change Sensex 29,396 29,621 0.76% Nifty 9,093 9,174 0.88% BSE Midcap 13,876 14,097 1.59% BSE Small cap 14,103 14,434 2.35% Major Market Indicators Index 27-Mar 31-Mar % Change Re / $ 65.03 64.72 -0.48% Crude INR 3,129 3,257 4.07% Gold INR 21960 21800 -0.73% Sectoral Market Indices BSE Index 27-Mar 31-Mar % Change Bankex 24,092 24,421 1.36% Capital goods 16,110 16,446 2.09% Health Care 15,352 15,312 -0.26% Information Technology 10,445 10,366 -0.76% Metal 11,821 11,804 -0.14% Oil & Gas 13,428 13,564 1.01% Power 2,239 2,274 1.60% Global Market update Index 27-Mar 31-Mar % Change Dow Jones 20,488 20,700 1.03% Nikkei 19,071 19,170 0.52% Hang Seng 24,236 24,306 0.29% FTSE 7,337 7,370 0.45% For the Week Ended 27-03-17 to 31-03-17 Market Commentary Past Week, Sensex moved up by 0.76% and Nifty was up by 0.88%. Rupee appreciated by 0.48% to 64.72 USD. Top gainer of the week is Reliance Inds. (10.35%) and top loser is Hero Moto Corp. (-3.75%) Economic News India's forex reserves up by $1.1 billion Readmore Aadhaar scheme helped government save Rs 34,000 crore: Finance Secy Read more Excess Rs 2.5-3 lakh crore in economy, need for digital push: Govt Readmore Industry News Florintree buys minority stake in app-based loan provider CASHe Read more Snapdeal sounds out SBI Caps, Kotak Capital, 3 others for 2019 IPO: report Read more Housing.com posts FY16 loss of over Rs400 crore Read more

Transcript of Weekly market report 27-03-2017 to 31-03-2017

Page 1: Weekly market report   27-03-2017 to 31-03-2017

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

Date: 2 July 2012

For Week Ended

CEO’s Desk

Nifty trading started the week on a negative note on witness of profit taking in individual counter. “20 DEMA” acted as a sheet anchor leading the index uptrend on Tuesday. The remaining part of the week, the nifty crept higher without penetrating below its previous day’s low and ended with marginal gain of 0.72% over previous week. Resistance for Nifty – 8723/8275 Support for Nifty - 9057/8729

Capital Market Round-up

Index 27-Mar 31-Mar % Change

Sensex 29,396 29,621 0.76%

Nifty 9,093 9,174 0.88%

BSE Midcap 13,876 14,097 1.59%

BSE Small cap 14,103 14,434 2.35%

Major Market Indicators

Index 27-Mar 31-Mar % Change

Re / $ 65.03 64.72 -0.48%

Crude INR 3,129 3,257 4.07%

Gold INR 21960 21800 -0.73%

Sectoral Market Indices

BSE Index 27-Mar 31-Mar % Change

Bankex 24,092 24,421 1.36%

Capital goods 16,110 16,446 2.09%

Health Care 15,352 15,312 -0.26%

Information Technology 10,445 10,366

-0.76%

Metal 11,821 11,804 -0.14%

Oil & Gas 13,428 13,564 1.01%

Power 2,239 2,274 1.60%

Global Market update

Index 27-Mar 31-Mar % Change

Dow Jones 20,488 20,700 1.03%

Nikkei 19,071 19,170 0.52%

Hang Seng 24,236 24,306 0.29%

FTSE 7,337 7,370 0.45%

For the Week Ended 27-03-17 to 31-03-17

Market Commentary

Past Week, Sensex moved up by 0.76% and Nifty was up by 0.88%. Rupee appreciated by 0.48% to 64.72 USD.

Top gainer of the week is Reliance Inds. (10.35%) and top loser is Hero Moto Corp. (-3.75%)

Economic News

India's forex reserves up by $1.1 billion Readmore

Aadhaar scheme helped government save Rs 34,000 crore: Finance Secy Read more

Excess Rs 2.5-3 lakh crore in economy, need for digital push: Govt Readmore

Industry News

Florintree buys minority stake in app-based loan provider CASHe Read more

Snapdeal sounds out SBI Caps, Kotak Capital, 3 others for 2019 IPO: report Read more

Housing.com posts FY16 loss of over Rs400 crore Read more

Page 2: Weekly market report   27-03-2017 to 31-03-2017

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

Date: 2 July 2012

Media Coverage

Coverage: Moneycontrol, 28th March 2017;

Five things to prepare yourself for the next financial year. Read more

Learning Centre

Value Reporting Form

An insurance form that is used to provide the variable coverage amounts needed by commercial businesses that carry irregular inventories throughout the year. The value reporting form is used to report inventory values periodically to the insurance company, which in turn adjusts the amount of coverage to reflect current merchandise values. Using a value reporting form can help businesses avoid being over or underinsured.

Source: Investopedia

New Product Information

ICICI Prudential Capital Protection Oriented Fund XI 1215 Days Plan F

NFO Opens on: Mar 20, 2017; NFO Closes on: Apr 03, 2017

Type: Close Ended; Investment Plan: Growth/Dividend

Fund Class: Hybrid: Debt-oriented Conservative

Investment Objective: The scheme seeks to protect capital by investing a

portion of the portfolio in highest rated debt securities and money market

instruments and to provide capital appreciation by investing the balance in

equity and equity related securities.

Min Investment: Rs. 5,000; Offer price : Rs 10

Riskometer: Moderately Low; Benchmark: Crisil Composite Bond (85), Nifty

50 (15)

KIM & Application Read More

Page 3: Weekly market report   27-03-2017 to 31-03-2017

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

Date: 2 July 2012

Right Horizons Research Team

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

Ms. Nibha Valsan Business Analyst [email protected]

Mrs. Bargavi.S Business Analyst [email protected]

Mrs. Swathi.G 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 products should

do so after verifying the terms of the products. Financial products and instruments are subject to market risks and yields could fluctuate depending on various factors affecting capital / debt

markets. Please note that the past performance may or may or may not be sustained in future. Insurance is the subject matter of the solicitation for the Insurance Plans suggested. Right

Horizons shall not be responsible for any loss or damage of any nature, including and not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss or profit in

any way arising out of the report and its recommendation. The recipient alone shall be fully responsible and liable for any decision taken on the basis of this report. This report is based on

the proprietary financial modeling of Right Horizons. No part of this report may be duplicated in any form and/or redistributed without the prior written permission of the CEO of Right

Horizons.