Weekly Equity Report

Transcription

1 Weekly Equity Report Nifty Weekly View signed off the first day of December F&O series on a flat note with a positive bias on Friday amid buying in pharmaceutical, information technology (IT) and automobile counters. The index continued to hold 10,850 levels for the second consecutive session and maintained positive trend for fifth straight trading day. Weekly Chart By Senior Researcher Miss NamrataOtwani

2 Weekly Newsletters Page 2 Open interest for the week G Monday Tuesday Wednesday Thursday Friday Most Active Nifty option Scrip Strike price Option type Open interest Nifty PE Nifty PE Nifty CE

3 Weekly Newsletters Page 3 Bank Nifty Weekly View The Bank Nifty ended the November F&O expiry on an optimistic note and well above the previous hurdle of 26,700. Participation was seen in both private and PSU banks with HDFC Bank the major contributor to the gain followed by other heavyweights. Weekly chart Open interest for the week Monday Tuesday Wednesday Thursday Friday

4 Weekly Newsletters Page 4 Most Active Bank Nifty option Scrip Strike price Option type Open interest Bank Nifty PE Bank Nifty PE Bank Nifty PE Weekly FII DII FII RS CRORE DATE GROSS PURCHASE GROSS SALE NET PURCHASE/SALE 30-Nov Nov Nov Nov Nov DII RS CRORE DATE GROSS PURCHASE GROSS SALE NET PURCHASE/SALE 30-Nov , Nov Nov Nov Nov

5 Weekly Newsletters Page 5 SECTOR SCAN Sector % Chg Advance Decline Automotive 0.76% Banking & Financial Services 0.08% Cement & Construction 0.00% Chemicals -0.33% Conglomerates 0.93% 18 9 Consumer Durables 0.41% 7 3 Consumer Non-durables -0.30% Engineering & Capital Goods 0.44% Food & Beverages 2.26% Information Technology 0.91% Manufacturing 0.66% Media & Entertainment -0.47% Metals & Mining -0.04% Miscellaneous 0.04% Oil & Gas -0.33% 9 12 Pharmaceuticals 1.85% Retail & Real Estate 2.15% Services -0.47% Telecommunication -1.19% Tobacco -0.56% 2 3 Utilities -0.30% Sectoral Indices: Name %change NIFTY BANK NIFTY AUTO 0.74 NIFTY FIN SERVICE 0.09 NIFTY FMCG 0.09 NIFTY IT 1.19 NIFTY MEDIA 0.1 NIFTY METAL NIFTY PHARMA 2.04 NIFTY PSU BANK NIFTY PVT BANK NIFTY REALTY 2.2

6 Weekly Newsletters Page 6 NEWS CORNER 1. Reliance Communications (RCom) rose 13 per cent to Rs on the National Stock Exchange (NSE) on Friday after the Supreme Court asked RCom to furnish a corporate guarantee of Rs 14 billion within two days to get the No Objection Certificate (NOC) from the government. The corporate guarantee will be issued by Reliance Realty Ltd, a wholly-owned subsidiary of RCom. 2. The Nifty Pharma index rose 2 per cent led by a rise in shares of Biocon and Dr. Reddy's Laboratories. The Nifty IT index gained 1.2 per cent led by Infosys and Tata Consultancy Services (TCS). 3. YES Bank ended 6.3 per cent higher at Rs after a TV report said that the private bank's promotor Rana Kapoor doesn t have any ownership in Morgan Credits or Yes Capital. 4. Shares of Vodafone Idea dipped 6% to Rs per share on the BSE after the rating agency CRISIL downgraded its rating on non-convertible debentures (NCD) of Rs 60 billion. 5. Shares of real estate companies are in focus, with Nifty Realty index gaining 2% on Friday, on hopes that liquidity may ease in the coming days after the Reserve Bank of India (RBI) on Thursday relaxed rules for non-banking financial companies (NBFCs). 6. Shares of Dr Reddy s Laboratories hit a 52-week high of Rs 2,700, up 2%, extending its previous day s 3% gain on the BSE. The stock surpassed its previous high of Rs 2,687 recorded on September 28 in intra-day trade. 7. Shares of United Spirits (USL) hit a five-month high of Rs 675, up 6% on BSE in an otherwise range-bound market, on the expectations of higher volume growth in the current quarter. The stock was trading at its highest level since June 28, 2018.

7 Weekly Newsletters Page 7 STOCK OUTLOOK GLENMARK FUT :- Stock found support at lower levels and rose to close around its resistance. The stock is expected to give positive breakout. Stock performance VWAP Traded Volume Traded Value (lacs) Market Lot 1000 Weekly High Weekly Low Rating Matrix by Researcher Rating SELL R1/R2 690/715 S1/S2 625/585 LEVEL Stock in ban period NIL.

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