weekly market report 27-02-2017 to 03-03-2017

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Page 1: Weekly market report   27-02-2017 to 03-03-2017

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

Page 2: Weekly market report   27-02-2017 to 03-03-2017

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]

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

products should do so after verifying the terms of the products. Financial products and instruments are subject to market risks and yields could fluctuate depending on various factors

affecting capital / debt markets. Please note that the past performance may or may or may not be sustained in future. Insurance is the subject matter of the solicitation for the Insurance

Plans suggested. Right Horizons shall not be responsible for any loss or damage of any nature, including and not limited to direct, indirect, punitive, special, exemplary, consequential, as

also any loss or profit in any way arising out of the report and its recommendation. The recipient alone shall be fully responsible and liable for any decision taken on the basis of this

report. This report is based on the proprietary financial modeling of Right Horizons. No part of this report may be duplicated in any form and/or redistributed without the prior written

permission of the CEO of Right Horizons.