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