weekly market report 27-02-2017 to 03-03-2017
TRANSCRIPT
Format No: RH/ETE/WR Revision No: 0
Date: 2 July 2012
For Week Ended
CEO’s Desk
This week, the index started trading with a lower note and continued in a narrow range during the first half of the day and later regained the bulls by the second half of the week, on Wednesday. Later, Thursday the index opened with a gap and traded below 9000 mark taking cues from the global markets. Eventually, on Friday, the index closed with a loss of 0.47% over the previous week close due to rage bound activity Resistance for Nifty – 8535/8198 Support for Nifty - 8815/8545
Capital Market Round-up
Index 27-Feb 3-Mar % Change
Sensex 28,813 28,832 0.07%
Nifty 8,897 8,898 0.01%
BSE Midcap 13,534 13,409 -0.92%
BSE Small cap 13,610 13,620 0.08%
Major Market Indicators
Index 27-Feb 3-Mar % Change
Re / $ 66.66 66.70 0.06%
Crude INR 3,603 3,557 -1.27%
Gold INR 22,400 22,120 -1.25%
Sectoral Market Indices
BSE Index 27-Feb 3-Mar % Change
Bankex 23,494 23,376 -0.50%
Capital goods 15,231 15,307 0.50%
Health Care 15,383 15,339 -0.29%
Information Technology
10,402 10,506 1.01%
Metal 11,843 12,139 2.50%
Oil & Gas 13,718 13,377 -2.48%
Power 2,187 2,156 -1.42%
Global Market update
Index 27-Feb 3-Mar % Change
Dow Jones 20,837 21,006 0.81%
Nikkei 19,107 19,469 1.89%
Hang Seng 23,925 23,553 -1.56%
FTSE 7,253 7,374 1.67%
For the Week Ended 27-02-17 to 03-03-17
Market Commentary
Past Week, Sensex moved up by 0.07% and Nifty was up by 0.01%. Rupee depreciated 0.06% to 66.70 USD.
Top gainer of the week is Hindalco Indus. (10.40%) and top loser is Bharti Bharat Petroleum. (-9.91%)
Economic News
Auto asset-backed loans stabilise in January: Moody's. Read More
Virtual currencies pose real financial risk: RBI Deputy Governor R Gandhi. Read More
States' fiscal deficit will rise to 3.3% in 2017-18: India Ratings. Read More
Industry News
Blackstone, GIC top global real estate investors
in India. Read More
Delhi HC allows Biocon, Mylan to sell biosimilar
cancer drug Trastuzumab. Read More
Goldman Sachs irks staff with rules on mobile
reimbursement. Read More
Format No: RH/ETE/WR Revision No: 0
Date: 2 July 2012
Media Coverage
Coverage: The Economic Times(Online)
Topic: How not to lose money in stocks: Seven thumb rules to make it big in market
Read More
Learning Centre
Block Policy: An all risk insurance policy providing coverage against risks faced by goods that are
being transported or stored by third-parties. A block policy is most commonly found in commercial
insurance, and is designed to protect businesses from property damage. Source: Investopedia
New Product Information
Birla Sun Life Resurgent India Fund - Series 3 - Direct Plan
NFO Opens on: Feb 23, 2017; NFO Closes on: Mar 09, 2017
Type: Close Ended; Investment Plan: Growth, Dividend
Fund Class: Equity: Multi Cap
Fund Manager : Satyabrata Mohanty since Feb 2017
Min Investment: Rs. 5,000;
Riskometer: Moderately High; Benchmark: S&P BSE 200
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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