WEEK KLY EQUIT TY REPORT th May, 2018 7 th
INDIAN MARKET AS ON FRIDAY 04/05/2018 Index Current Value Prev. Week Closing % Change Nifty 50 10618.25 10695.30-0.72% Sensex 34915.38 34981.70-0.18%
WORLD INDICES US, EUROPEAN & ASIAN MARKETS ZONE INDEX RATE % CHANGE SGX NIFTY 10690.00 +0.22% ASIAN NIKKEI 225 22458.83-0.22% SHANGHAI 3091.03-0.32% HANG SENG 29926.50-1.29% AMERICAN DOW JONES 24262.51 +1.39% NASDAQ 7209.62 +1.68% EUROPEAN FTSE 7567.14 CAC 5516.05 DAX 12819.60 +0.85% +0.26% +1.01%
TOP GAINERS OF THE WEEK Company Name Current Value Prev. Close AXISBANK 520.30 493.75 KOTAKBANK 1233.45 1185.70 SBIN 241.95 233.20 HDFC 1910.35 1850.45 HDFCBANK 1988.50 1930.25 % change 5.38 4.03 3.75 3.24 3.02 TOP LOSERS OF THE WEEK Company Name Current Value Prev. Close HCLTECH 929.85 1077.30 COALINDIA 271.30 290.80 EICHER 29208.40 31205.20 UPL 703.65 750.25 IBULHSGFIN 1249.25 1310.45 % change 13.69 6.71 6.40 6.21 4.67
TOP NEWS OF THE WEEK Seek higher bids for Jaypee Infratech: IIFC tells co-lender IDBI GST: GoM to meet stakeholders today to discuss return filing process Modi govt plans new Delhi-Mumbai express highway at cost of Rs 1 lakh crore: Nitin Gadkari Global markets post weekly loss despite robust US jobs data; Europe closes higher Railways to build walls along high-speed corridors, generate revenue through ads Infosys CEO Salil Parekh to receive annual performance-linked equity grant worth Rs 13 crore JSW Energy almost doubles capex plan for EV arm to Rs 6,500 crore Auto industry begins new fiscal year with robust saless numbers in April PGCIL inks pact with power ministry for Rs 25,000 crore capex ONGC sets $2.64 billion capex for drilling oil, gas wells in 2018/19 Binani Cement creditors laud NCLT order allowing fresh UltraTech bid India rejects U.S. request on price caps on medical devices: Sources
DATA OF THE WEEK Data Infraout Output YoY MAR Foreign Exchange Reserve 28-Apr Actual 4.1% $420.37B Previous 5.4% $423.58B UPCOMING DATA Data Previous Forecast Industrial Production YoY MAR Inflation Rate YoY APR Manufacturing Production YoY MAR 7.1% 4.28% 8.7% 6% 4.5% 6.9%
ADVICE ON NIFTY Trend: Consolidation Recommendation: Buy on dip @ 10640 Targets: 10773 10934
STOCK OF THE WEEK Symbol: FEDERALBNK (The Federal Bank Ltd) Trend: Bullish Recommendation: Buy between 100.50 100.70 Targets : 105.65 113.55
PREV. SUGGESTION Date Scrip Reco. Rate Tgt 19-Feb-18 RECLTD FUT Sell 145.00 137.75 26-Feb-18 KOTAKBANKK Buy 1065 1109 5-Mar-18 CIPLA FUT Sell 593 570.50 12-Mar-18 NIFTY Sell 10215 9960 12-Mar-18 BEML FUT Sell 1130 990 26-Mar-18 PCJ FUT Sell 335 318.25 16-Apr-18 NIFTY Buy 10475 10597 16-Apr-18 HEXAWAREE Buy 415 437.85 23-Apr-18 NIFTY Buy 10575 10707 % Change -5.00% +4.13% -3.79% -2.49% -14.14% -5.00% +1.16% +5.50% +1.25%
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