weekly market report 19-09-2016 to 23-09-2016
TRANSCRIPT
Format No: RH/ETE/WR Revision No: 0
Date: 2 July 2012
For Week Ended
CEO’s Desk
Nifty opened with a marginal positive note this week and traded in a narrow range till mid-week ahead of the global events viz. the monetary policy decisions from U.S. Federal Reserve and the Bank of Japan. The week ended in appositive note with nifty index gaining 0.59% over its previous week close Resistance for Nifty – 8910/8968 Support for Nifty - 8688/8622
0.12%
0.26%
1.52%
1.00%
Nifty
Capital Market Round-up
Index 19-Sep 23-Sep
Sensex
BSE Small cap 12,831.06 12,958.90
% Change
28,634.50 28,668.22
8,808.40 8,831.55
BSE Midcap 13,132.37 13,331.97
2,900.23 2,962.37
Gold INR
66.98 66.60
% Change
2.14%
1.44%
Crude INR
30,889.00 31,334.00
Market Indicators
Index 19-Sep
-0.57%
23-Sep
Re / $
2,068.88
Oil & Gas 11,169.86 2.36%
Power 2,073.64 -0.23%
11,433.94
IT 10,384.57 -0.82%
Metal 9,635.49 2.10%
10,299.17
9,837.68
CG 15,034.07 0.57%
HC 16,531.53 0.50%
15,119.19
16,613.89
Bankex 22,810.15 -0.25%22,752.65
Major Market Indices
Index 19-Sep % Change23-Sep
23,686.48
-0.14%
1.59%
0.58%
% Change
18,094.83
16,754.02
23-Sep
Nikkei 16,492.15
Hang Seng 23,550.45
Global Market update
Index 19-Sep
Dow Jones 18,120.17
For the Week Ended 19-09-16 to 23-09-16
Market Commentary
Past Week, Sensex moved up by 0.12% and Nifty was up by 0.26%. Rupee appreciated 0.57% to 66.60USD.
Top gainer of the week is Aurobindo Pharma (7.00%) and top loser is Axis Bank Ltd. (-8.76%)
Economy News
Fifth tranche of Sovereign Gold Bond expected
to cross Rs 820 crore. Read More
Indian banking outlook stable; new NPA formation slow: Moody's. Read More
Government projects marine exports to rise 20% to $5.6 billion in FY17. Read More
Industry News
L&T Technology Services to make stock market debut today. Read More
BookMyShow FY16 profit at Rs3.1 crore. Read More
Patanjali’s Acharya Balkrishna enters Forbes rich list; Flipkart’s Bansals out. Read More
Format No: RH/ETE/WR Revision No: 0
Date: 2 July 2012
Media Coverage
Coverage: Dainik Jagran 19 Sept, 2016
Topic: Right time to opt for a Systematic Withdrawal Plan (SWP). Read More
Learning Centre
Credit Linked Note – CLN
A credit linked note (CLN) is a security with an embedded credit default swap allowing the issuer to
transfer a specific credit risk to credit investors. CLNs are created through a special purpose company
(SPC), or trust, which is collateralized with AAA-rated securities. Investors buy securities from a trust
that pays a fixed or floating coupon during the life of the note.
Source: Investopedia
New Product Information
Birla Sun Life Fixed Term Plan - Series NX (1099 Days) - Direct Plan (G)
NFO Opens on: 22-Sept-2016
NFO Closes on: 05-oct-2016
No Entry Load; No Exit Load
Fund Class: Fixed Maturity / Interval Plans
Investment Plan: Dividend
Fund Manager : Sunil Patil
Min Investment: Rs. 5,000
Mr. Dattatreya B K Head of Research [email protected]
Mr. Timir Palan Sr. Financial Analyst [email protected]
Ms. Nibha Valsan Busines Analyst [email protected]
Right Horizons Research Team
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