weekly market report 03 apr 17 to 07 apr 17
TRANSCRIPT
Format No: RH/ETE/WR
Revision No: 0
Date: 2 July 2012
For Week Ended
Market overview:
Financial year 2017-18 kick started on a cheerful note as the benchmark index opened with a good upside gap on Monday. Nifty ended with highest point of the day after a small correction in initial trade. The same continued on Wednesday too but the up move was short lived as some selling pressure from opening trades. The rest of the week witness some corrective moves and as a result, the nifty made its inter week gain to conclude marginal gain. Resistance for Nifty – 8767/8296 Support for Nifty - 9117/8774
Capital Market Round-up
Index 03-Apr 07-Apr % Change
Sensex 29,738 29,707 -0.10%
Nifty 9,221 10,217 10.81%
BSE Midcap 14,143 14,233 0.64%
BSE Small cap 14,467 14,681 1.48%
Major Market Indicators
Index 03-Apr 07-Apr % Change
Re / $ 64.80 64.35 -0.69%
Crude INR 3,285 3,362 2.34%
Gold INR 21,600 21,600 0.00%
Sectoral Market Indices
BSE Index 03-Apr 07-Apr % Change
Bankex 24,521 24,423 -0.40%
Capital goods 16,466 17,256 4.80%
Health Care 15,359 15,216 -0.94%
Information Technology 10,397 10,148
-2.39%
Metal 11,833 11,853 0.16%
Oil & Gas 13,634 13,960 2.39%
Power 2,287 2,297 0.43%
Global Market update
Index 03-Apr 07-Apr % Change
Dow Jones 20,665 20,656 -0.04%
Nikkei 18,988 18,715 -1.44%
Hang Seng 24,237 24,267 0.13%
FTSE 7,323 7,349 0.36%
For the Week Ended 03-04-17 to 07-04-17
Market Commentary
Past Week, Sensex moved down by 0.10% and Nifty was up by 10.81%. Rupee appreciated 0.69% to 64,35USD.
Top gainer of the week is L&T. (7.02%) and top loser is India Bull Housing F (-4.20%)
Economic News
• Google.org announces $8.4 million in grants to four Indian NGOs Read More
• Commerce Ministry spent 99.45% of FY17 plan outlay, highest in 5 yrs Read More
• Households expect prices to rise faster, says RBI survey Read More
Industry News
• L&T names S.N. Subrahmanyan as new CEO replacing A.M. Naik Read More
• Tata Motors’ JLR clocks 16% growth in sales at 604,009 units in FY17 Read More
• Energy firms to raise $1 bn in debt from UK market Read More
Format No: RH/ETE/WR
Revision No: 0
Date: 2 July 2012
Media Coverage
� Coverage: Moneycontrol 5st April, 2017
Topic: Why term insurance is a must-have cover for all parents Read More
Learning Centre
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coverage to most perils. Source: Investopedia
New Product Information
• ICICI Prudential Value Fund Series 12
• NFO Opens on: Mar , 2017; NFO Closes on: Apr 10, 2017
• Type: Close Ended
• Fund Manager : Mr. Sankaran Naren and Mr. George Heber Joseph Mr. Ihab Dalwai
• Min Investment: Rs. 5,000;
• Riskometer: Moderately High; Benchmark: S&P BSE 500 Index
Right Horizons Research Team
Mr. Dattatreya B K Head of Research [email protected]
Ms. Nibha Valsan Business Analyst [email protected]
Ms. Bargavi Srinivasan Business Analyst [email protected]
Ms. Swathi G Business Analyst [email protected]
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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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