Weekly Market snapshots: Market posts Sixth weekly straight gains

stock investment Share Markets scaled fresh all time highs in the week ended day on Friday, 12 January 2018, led by financials and energy stocks, since investors expected the monthly inflation data for clues on the central bank`s monetary policy. The BSE Sensex rose 88.90 points to close at new high of 34,592.39 while the Nifty-50 jumped up 30.05 points to record 10,681.25.

This was the 6th weekly straight gain for the domestic benchmarks. During the week, the Sensex gained 438.54 pts, or 1.28%, whereas the Nifty-50 rose 122.40 pts, or 1.15%. The Nifty50 surpassed its previous record closing of 10,651.20 hit on Thursday.

Optimistic trade in global market and hopes of revival in the first half domestic corporate earnings from is upholding the healthy sentiment.

Domestic institutional investors have bought equities to the tune of Rs 7.70 billion, while FPIs sold shares worth Rs 6.24 billion on net basis on Thursday, as per data.

Shares of TCS slipped 0.56% after the Company on Thursday reported a 3.6% fall in net profit for the Q3 at Rs 6,531 crore. The other IT major Infosys Ltd posted a 38.3% growth in consolidated net profit to Rs 5,129 crore for the Oct – Dec quarter of 2017-18.

In the Sensex pack, ICICI Bank emerged as the top performer with a rise of 2.63%, followed by Maruti Suzuki at 1.27%. Other major gainers included ONGC, Reliance, Dr Reddy’s Laboratories, HDFC Ltd, Larsen and Toubro, IndusInd Bank, Tata Motors and Mahindra and Mahindra, rising by up to 1.26%.

The rise in sector-wise, the oil and gas rose 0.69%, banking sector 0.50%, capital goods 0.48%, metal sector 0.45%, auto 0.28%,, infrastructure 0.14% and IT 0.03%.

Weekly Review of Stock, for the week ended 22 December, 2017

share market weekly reports The Stock Market rallied in the week ended Friday, 22 Dec 2017, on the back of BJP winning effect in Gujarat and HP together with strong global markets, boosted the indices to register new life-high levels. The BSE Sensex and the Nifty 50 index closed at record highs.

The Sensex opened the week at 33,364 and made a peak of 33,964 & a low of 32,595 closing the week at 33, 940. Thus it closed with the weekly gain of 478 points on the other hand, the Nifty opened the week at 10,263 & made a peak of 10,501, reached the bottom of 10,074 and closed the week at 10,493. Thus the Nifty closed with the weekly gain of 160 points.

Key Stock movements during the Week: Moving on the key stocks, ICICI Bank spurted 4.27% at Rs 316.40. The bank’s subsidiary ICICI Securities has filed a DRHP with Sebi for an IPO of up to 6.44 cr equity shares.

HDFC Bank was up 0.23% at Rs 1,877.35 after banks said for raising of funds up to Rs 24,000 crore, while IndusInd Bank dropped 1.85% at Rs 1,648.85 on bank’s amalgamation of Bharat Financial Inclusion.

Wipro rose 3.9% at Rs 301.10 on its announcement of partnership with Headspin. Stocks of Bharti Airtel rose 2.33% at Rs 531.05 on its entering into a pact with Millicom Cellular, while Hero MotoCorp surged 7.72% at Rs 3,772.20.

Dr Reddy’s fell 1.64% at Rs 2,333.05. Coal India was down 1.86% at Rs 266.  The HDFC was down 0.84% at Rs 1,708.35 on its approval of raising funds by issuing equity shares of Rs 13000 crore.

Weekly Stock Watch: Market gains on upbeat global cues; Nifty records biggest weekly gain

stocks weekly reports Indian shares jumped for a second consecutive session on Friday amid expectations the ruling BJP would win state elections in Gujarat beginning this weekend. The BSE Sensex ended 0.91% higher at 33,250.30. The index posted its biggest weekly gain since early November, climbing 1.27% this week. The wider NSE Nifty closed up 0.97% at 10,265.65, rising 1.42% this week, its biggest since late October.

Nifty made good weekly recovery and gained nearly 1.5%, providing some respite to the market players. Nifty Auto Index also traded with positive bias and settled after gaining 1.5%. Nifty Auto Index also traded with positive bias and settled after gaining one and half percent.

Mahindra and Mahindra, Ashok Leyland, Bajaj Auto and Maruti Suzuki are seeing for fresh buying.
Bank stocks rose after RBI kept policy rates steady after monetary policy review on Wednesday, 6 Dec 2017. HDFC Bank rose 1.74%, SBI rose 0.19% and Axis Bank edged higher by 1.66%.

As the Best Weekly performance, FMCG index rose 2.5%), Auto Sector rose 0.6%, Information Technology stocks advanced higher by 0.5%, Energy stocks up 0.3% and Infrastructure sector edged higher by 0.2%.

The Worst Weekly Performers include Pharma index down by 1.5%, Metal index down by 0.9%, Realty down 0.7% and Media edged lower by 0.2%.

Share Bazar Update- Markets witness terrible fall in 10 months

share bazar bhav

The Rupee fell to 65.16 against the US dollar that too it’s lowest since March, before regaining over its preceding day’s close of 64.79. The yield on the Ten-year govt bond in intraday trade rose to 6.69%, the highest since May, before closing at 6.67%.

Meantime, the US dollar strength on the US Federal Reserve’s plan tends to shrink its balance sheet. North Korea’s new hydro bomb menace and S&P’s downgrade of China also spoiled investor sentiment towards emerging markets.

FPIs pulled out Rs 1242 crore from domestic stocks on Friday, while domestic investors buying was comparatively muted at Rs 520 crore. The India Volatility Index surged 10%.

On the week ended Friday, there were four falling stocks for each one advancing. The BSE Midcap index declined close to 3%. Real estate, Metals and realty were the worst performing sectors. Among Sensex stocks, Tata Steel plummeted about 5%, after base metal prices chopped down due to China downgrade. SBI and ICICI Bank fell about 2% each.

Weekly Reports -Stock Overview for the week ended Sept.1, 2017

stock weekly reports

The benchmark indices BSE Sensex and the Nifty 50 index clocked impressive gains in the week ended Friday, 1 Sept 2017 on positive global cues. Except sharp losses on Tuesday, 29 August 2017, the two key indices registered modest gains in 4 trading days of the week.

Through the week, a stellar auto sales and cheering August manufacturing data supported investors put behind the unsatisfactory GDP numbers. The benchmark Sensex went up 162 points to end at 31,892.23 as a three-week high, whereas the Nifty closed short of 10,000. Broad market depicted strength. The BSE Mid-Cap index rose 2.84%. The BSE Small-Cap index advanced 3.09%.

Throughout the week following stocks captured attention:

  • Software major Infosys rose 0.83% at Rs 920.10.
    Wipro advanced 2.49% at Rs 296.80.
    Dr Reddy’s surged 6.2% at Rs 2,217.35.
    Lupin rose 0.18% at Rs 993.50.
    Maruti Suzuki India rose 2.77% at Rs 7,812.70.
    Bajaj Auto jumped 6.74% at Rs 2,918.65.
    Reliance Industries rose 2.68% at Rs 1,609.35.
    L&T rose 0.74% at Rs 1,139.70.

Market week ahead: A slew of companies will be announcing their April-June 2017 quarterly results next week, which include Skipper & Tamilnadu Petro products, Digjam and Indian Hume Pipe, Vaibhav Global and Honda Siel Power Products, Hotel Leela venture & UFO Moviez India.