weekly market report 06-02-2017 to 10-02-2017

2
Format No: RH/ETE/WR Revision No: 0 Date: 2 July 2012 For Week Ended Market Overview This week, the index started trading with a gap up and continued in a narrow range on Monday and concluded marginally positive. For the rest of the week, the nifty index traded in a narrow range of around 107 points for the complete week. During the week, the IT sector showed some good positive movements and has shown a complete outperformance amongst the NSE indices with gains of 3.79 percent on weekly basis Resistance for Nifty – 8411/8150 Support for Nifty - 8610/8425 Capital Market Round-up Index 6-Feb 10-Feb % Change Sensex 28,439 28,334 -0.37% Nifty 8,801 8,794 -0.09% BSE Midcap 13,431 13,468 0.28% BSE Small cap 13,540 13,601 0.45% Major Market Indicators Index 6-Feb 10-Feb % Change Re / $ 67.06 66.76 -0.45% Crude INR 3,555 3,596 1.15% Gold INR 22,000 22,000 0.00% Sectoral Market Indices BSE Index 6-Feb 10-Feb % Change Bankex 23,354 23,175 -0.77% Capital goods 15,215 15,483 1.76% Health Care 15,449 15,138 -2.02% Information Technology 9,702 10,070 3.79% Metal 11,854 11,695 -1.34% Oil & Gas 13,201 13,095 -0.80% Power 2,202 2,222 0.89% Global Market update Index 6-Feb 10-Feb % Change Dow Jones 20,052 20,269 1.08% Nikkei 18,977 19,379 2.12% Hang Seng 23,348 23,575 0.97% FTSE 7,172 7,259 1.21% For the Week Ended 06-02-17 to 10-02-17 Market Commentary Past Week, Sensex dropped down by 0.37% and Nifty was down by 0.09%. Rupee appreciated 0.45% to 66.76USD. Top gainer of the week is Tata Consultancy. (7.74%) and top loser is Bank of Baroda. (-8.56%) Economic News Tax-wary PE funds look to recast investment arms. Read More FDI in manufacturing sector up 82 per cent in Apr-Nov period: Nirmala Sitharaman . Read More Exporters disappointed as RBI keeps repo rate unchanged. Read More Industry News What to expect from SBI’s Q3 results. Read More The NSE IPO is our immediate priority: CEO Vikram Limaye. Read More NDTV net loss widens due to impact of demonetisation. Read More

Upload: right-horizons

Post on 21-Feb-2017

15 views

Category:

Economy & Finance


3 download

TRANSCRIPT

Page 1: Weekly market report   06-02-2017 to 10-02-2017

Format No: RH/ETE/WR Revision No: 0

Date: 2 July 2012

For Week Ended

Market Overview

This week, the index started trading with a gap up and continued in a narrow range on Monday and concluded marginally positive. For the rest of the week, the nifty index traded in a narrow range of around 107 points for the complete week. During the week, the IT sector showed some good positive movements and has shown a complete outperformance amongst the NSE indices with gains of 3.79 percent on weekly basis Resistance for Nifty – 8411/8150 Support for Nifty - 8610/8425

Capital Market Round-up

Index 6-Feb 10-Feb % Change

Sensex 28,439 28,334 -0.37%

Nifty 8,801 8,794 -0.09%

BSE Midcap 13,431 13,468 0.28%

BSE Small cap 13,540 13,601 0.45%

Major Market Indicators

Index 6-Feb 10-Feb % Change

Re / $ 67.06 66.76 -0.45%

Crude INR 3,555 3,596 1.15%

Gold INR 22,000 22,000 0.00%

Sectoral Market Indices

BSE Index 6-Feb 10-Feb % Change

Bankex 23,354 23,175 -0.77%

Capital goods 15,215 15,483 1.76%

Health Care 15,449 15,138 -2.02%

Information Technology

9,702 10,070 3.79%

Metal 11,854 11,695 -1.34%

Oil & Gas 13,201 13,095 -0.80%

Power 2,202 2,222 0.89%

Global Market update

Index 6-Feb 10-Feb % Change

Dow Jones 20,052 20,269 1.08%

Nikkei 18,977 19,379 2.12%

Hang Seng 23,348 23,575 0.97%

FTSE 7,172 7,259 1.21%

For the Week Ended 06-02-17 to 10-02-17

Market Commentary

Past Week, Sensex dropped down by 0.37% and Nifty was down by 0.09%. Rupee appreciated 0.45% to 66.76USD.

Top gainer of the week is Tata Consultancy. (7.74%) and top loser is Bank of Baroda. (-8.56%)

Economic News

Tax-wary PE funds look to recast investment arms. Read More

FDI in manufacturing sector up 82 per cent in Apr-Nov period: Nirmala Sitharaman . Read More

Exporters disappointed as RBI keeps repo rate unchanged. Read More

Industry News

What to expect from SBI’s Q3 results. Read More

The NSE IPO is our immediate priority: CEO

Vikram Limaye. Read More

NDTV net loss widens due to impact of

demonetisation. Read More

Page 2: Weekly market report   06-02-2017 to 10-02-2017

Format No: RH/ETE/WR Revision No: 0

Date: 2 July 2012

Media Coverage

Coverage: Business Today.in 8th Feb, 2017

Topic: Budget 2017: How it impacts your finances

Read More

Learning Centre

Capital Flows: Capital flows refer to the movement of money to investment, trade or business

production, including the flow of capital within corporations in the form of investment capital, capital

spending on operations and research and development (R&D). On a larger scale, a government

directs capital flows from tax receipts into programs and operations and through trade with other

nations and currencies. Individual investors direct savings and investment capital into securities, such

as stocks, bonds and mutual funds. Source: Investopedia

New Product Information

UTI Dual Advantage Fixed Term Fund Series IV-IV (1997 Days) - Direct Plan

NFO Opens on: Feb 09, 2017; NFO Closes on: Feb 23, 2017

Fund Class: Hybrid: Debt-oriented Conservative; Investment Plan: Growth, Dividend

Fund Manager : Sunil Patil, V Srivatsa

Min Investment: Rs. 5,000; Type: Close ended

Riskometer: Moderately High; Benchmark: Crisil MIP Blended

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.