weekly market report 13-02-2017 to 17-02-2017
TRANSCRIPT
Format No: RH/ETE/WR Revision No: 0
Date: 2 July 2012
For Week Ended
Market Overview
This week, the nifty index started with a flat note and then continued in a range bound. The week continued with up and down movements in the indices and later on, on the second half of Friday trading session witnessed a recovery movement and the index closed with a week’s gain of 0.32% over the previous week’s close Resistance for Nifty – 8541/8165 Support for Nifty – 8679/8463
Capital Market Round-up
Index 13-Feb 17-Feb % Change
Sensex 28,352 28,469 0.41%
Nifty 8,805 8,822 0.19%
BSE Midcap 13,418 13,423 0.04%
BSE Small cap 12,762 13,468 5.53%
Major Market Indicators
Index 13-Feb 17-Feb % Change
Re / $ 66.89 67.03 0.21%
Crude INR 3,540 3,579 1.10%
Gold INR 22,000 22,120 0.55%
Sectoral Market Indices
BSE Index 13-Feb 17-Feb % Change
Bankex 23,207 23,442 1.01%
Capital goods 15,404 15,295 -0.71%
Health Care 15,076 15,327 1.67%
Information Technology
10,157 10,231 0.73%
Metal 11,730 11,614 -1.00%
Oil & Gas 12,617 13,185 4.51%
Power 2,230 2,218 -0.53%
Global Market update
Index 13-Feb 17-Feb % Change
Dow Jones 20,412 20,624 1.04%
Nikkei 19,459 19,235 -1.15%
Hang Seng 23,711 24,034 1.36%
FTSE 7,279 7,300 0.29%
For the Week Ended 13-02-17 to 17-02-17
Market Commentary
Past Week, Sensex moved up by 0.41% and Nifty was up by 0.19%. Rupee appreciated 0.21% to 67.03USD.
Top gainer of the week is HDFC Bank. (7.97%) and top loser is Bharti Infratel Ltd. (-7.26%)
Economic News
India's forex reserves slip slightly by $361 million. Read More
Market borrowings of state governments to rise 22% in FY2018: ICRA. Read More
I-T department's query on large cash deposits gets 60,000 responses. Read More
Industry News
DLF to invest Rs3,500 crore in 2017 to complete
running projects. Read More
Japan’s JERA acquires 10% stake in ReNew
Power for $200 million. Read More
How would Unilever and Kraft Heinz’s merger
play out in India?. Read More
Format No: RH/ETE/WR Revision No: 0
Date: 2 July 2012
Media Coverage
Coverage: Money Control 16th Feb, 2017
Topic: Investments: Why you must be looking beyond tax planning. Read More
Learning Centre
Demonetization:
Demonetization is the act of stripping a currency unit of its status as legal tender. It occurs whenever
there is a change of national currency: The current form or forms of money is pulled from circulation
and retired, often to be replaced with new notes or coins. Sometimes, a country completely replaces
the old currency with new currency Source: Investopedia
New Product Information
ICICI Prudential Capital Protection Oriented Fund XI 1247 Days Plan D
NFO Opens on: 17-Feb-2017; NFO Closes on: 03-Mar-2017
Type: Close Ended
Fund Class: Hybrid: Debt-oriented Conservative; Investment Plan: Growth, Dividend
Fund Manager : Rahul Goswami/Vinay Sharma/Ihab Dalwai/Chandini Gupta
Min Investment: Rs. 5,000;
Benchmark: Crisil Composite Bond (85), Nifty 50 (15); Riskometer: Moderately Low
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]
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