WEEKLY EQUITY NEWSLETTER

Transcription

1 P 07/01/2019 WEEKLY EQUITY NEWSLETTER

2 MARKET WRAP Indian shares traded flat on Friday after two straight sessions of sharp falls with gains in financials such as Housing Development Finance Corp and HDFC Bank offsetting losses in IT stocks. Indian markets have not fallen to a large extent today as we are awaiting fresh local cues and FII fund flow behavior. Foreign institutional and portfolio investors had offloaded equities worth a net $171 million this week as of Thursday. The broader NSE Nifty was up 0.52 percent at 10, while the benchmark BSE Sensex was 0.51 percent higher at 35, Both indexes have shed about 1.5 percent so far this week. MARKETPERFORMANCE NIFTYGAINERS COMPANY NAME CURRENT PREV. CLOSE(RS) CHANG.(RS) CHAG.(%) BHARTI INFRATEL % YES BANK % SUN PHARMA % BHARTI AIRTEL % ASIAN PAINTS % NIFTYLOSERS COMPANY NAME CURRENT PREV. CLOSE(RS) CHANG.(RS) CHAG.(%) EICHER MOTORS % M&M % HINDALCO % TATA STEEL % TECH MAHINDRA %

3 VOLUME TOPPERS COMPANY NAME CURRENT PREV. CLOSE(RS) CHANG.(%) Volume in ( 000s) YES BANK LTD ,914,917 STATE BANK OF INDIA ,514,041 OIL & NATURAL GAS ,395,898 ICICI BANK LTD ,896,026 VEDANTA LTD ,883,382 WORLD INDICES INDICES COUNTRY DATE LAST P.CLOSE NET CHANGE CHANGE % HONG KONG Hang Seng 4-Jan JAKARTA Indonesia 4-Jan KLSE Malaysia 4-Jan NASDAQ US 4-Jan NIKKEI 225 Japan 4-Jan SEOUL South Korea 4-Jan STRAITS TIMES Singapore 4-Jan FTSE 100 UK 4-Jan DOW JONES US 4-Jan INDIAN EQUITY MARKET INDICES Last Prev Value CHANGE % CHANGE NIFTY 10, , BANK NIFTY 27, ,

4 NIFTY OUTLOOK TREND:- CONSOLIDATE RESISTANCE: ,11080 SUPPORT: , STRATEGY:- BUY ON DIPS

5 BANK NIFTY OUTLOOK TREND:- CONSOLIDATE RESISTANCE: ,28145 SUPPORT: ,26245 STRATEGY:- BUY ON DIPS

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