weekly market report 02-01-2017 to 06-01-2017
TRANSCRIPT
Format No: RH/ETE/WR Revision No: 0
Date: 2 July 2012
For Week Ended
CEO’s Desk
This week, the nifty index started trading on a positive note. However, later the day, the index witnessed a selling pressure and Nifty closed around 8200 sub levels the same day. The same action continued for a couple of days, opening high and closing at the midlevels. Later on Thursday, the index witnessed a slight bull run and further continued concluding the week with a gain of 0.7% Resistance for Nifty – 8295/8097 Support for Nifty - 8150/ 8306
Capital Market Round-up
Index 02-Jan 06-Jan % Change
Sensex 26,595 26,759 0.62%
Nifty 8,180 8,244 0.79%
BSE Midcap 12,131 12,322 1.57%
BSE Small cap 12,190 12,440 2.05%
Major Market Indicators
Index 02-Jan 06-Jan % Change
Re / $ 67.80 67.82 0.03%
Crude INR 3,663 3,662 -0.04%
Gold INR 21,160 21,360 0.95%
Sectoral Market Indices
BSE Index 02-Jan 06-Jan % Change
Bankex 20,503 20,901 1.94%
Capital goods 13,774 14,084 2.25%
Health Care 14,811 15,071 1.75%
Information Technology
10,142 9,881 -2.58%
Metal 10,300 10,639 3.29%
Oil & Gas 12,218 12,570 2.88%
Power 1,996 2,039 2.16%
Global Market update
Index 02-Jan 06-Jan % Change
Dow Jones 19,763 19,964 1.02%
Nikkei 19,114 19,454 1.78%
Hang Seng 22,001 22,503 2.28%
FTSE 7,143 7,210 0.94%
For the Week Ended 02-01-17 to 06-01-17
Market Commentary
Past Week, Sensex moved up by 0.62% and Nifty was up by 0.79%. Rupee depreciated 0.03% to 67.82USD.
Top gainer of the week is YES Bank Ltd. (7.21%) and top loser is Tech Mahindra Ltd. (-4.43%)
Economic News
Government may continue interest subsidy for exporters in Budget Read More
FDI up 27% at $ 27.82 billion in April-October this fiscal Read More
Slowdown in new investments post demonetisation: CMIE Read More
Industry News
Taking people from ATMs to PoS channels NPCI
focus: CEO A.P. Hota Read More
Sebi bars Life Care Infratech from selling assets
Read More
World Bank’s IFC invests $125 million in Hero
Group renewable energy unit Read More
Format No: RH/ETE/WR Revision No: 0
Date: 2 July 2012
Media Coverage
Coverage: Vijay Karnataka 05th Jan, 2017
Topic: NPS can also fetch better returns in 2017. Read More
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industry that ensures investment advisors know detailed information about their clients' risk
tolerance, investment knowledge and financial position.
Source: Investopedia
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No Entry Load; No Exit Load
Fund Class: ELSS ; Investment Plan: Dividend
Fund Manager : Lalit Nambiar
Min Investment: Rs. 500
Right Horizons Research Team
Mr. Dattatreya B K Head of Research [email protected]
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