Weekly market report 14-03-2016 to 18-03-2016
2
Format No: RH/ETE/WR Revision No: 0 Date: 2 July 2012 For Week Ended CEO’s Desk Market for the week opened on a slightly upside note on account of positive global cues. However, for the week market witnessed volatility, but on Friday on account of strong rally market closed above 7600 mark. For the week Nifty ended with a gain of ~1.26%. Resistance for Nifty – 7627/7691 Support for Nifty – 7508/7246 24,804.28 24,952.74 7,538.75 7,604.35 BSE Midcap 10,302.62 10,300.37 Capital Market Round-up Index 14-Mar 18-Mar Sensex BSE Small cap 10,320.56 10,308.76 % Change 0.60% 0.87% -0.02% -0.11% Nifty 18-Mar Re / $ -0.88% 31,062.40 31,218.10 Market Indicators Index 14-Mar 66.99 66.40 % Change 5.14% 0.50% Crude INR 2,490.69 2,618.82 Gold INR 18-Mar Major Market Indices Index 14-Mar % Change Bankex 17,386.43 2.68% 17,851.58 CG 12,294.44 1.46% HC 16,023.97 -4.71% 12,474.09 15,268.94 IT 10,830.10 3.21% Metal 7,327.04 1.45% 11,177.50 7,433.25 Oil & Gas 8,787.10 2.76% Power 1,707.89 0.48% 9,029.32 1,716.06 Nikkei 17,233.75 Hang Seng 20,435.34 Global Market update Index 14-Mar Dow Jones 17,229.13 20,671.63 2.17% -2.95% 1.16% % Change 17,602.30 16,724.81 18-Mar For the Week Ended 14-03-16 to 18-03-16 Market Commentary Past Week, Sensex moved up by 0.60% and Nifty by 0.87%. Rupee appreciated by 0.88%. Top gainers of the week is Ambuja Cements Ltd. (15.11%). And Top loser of the week is Lupin Ltd. (- 15.69%) Economy News Government to borrow 3.55 trilion rupees via bonds in April-September. Read More FDI up 29% post Make in India initiative: Nirmala Sitharaman. Read More Decline in consumer and wholesale inflation fuels hopes of rate cut by RBI. Read More Industry News Magicbricks acquires analytics portal Properji.com. Read More RBI tweaks guidelines for revival of MSMEs. Read More Maker of Nutrigain in talks for PE funding. Read More
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Transcript of Weekly market report 14-03-2016 to 18-03-2016
Format No: RH/ETE/WR Revision No: 0
Date: 2 July 2012
For Week Ended
CEO’s Desk
Market for the week opened on a slightly upside note on account of positive global cues. However, for the week market witnessed volatility, but on Friday on account of strong rally market closed above 7600 mark. For the week Nifty ended with a gain of ~1.26%. Resistance for Nifty – 7627/7691 Support for Nifty – 7508/7246
24,804.28 24,952.74
7,538.75 7,604.35
BSE Midcap 10,302.62 10,300.37
Capital Market Round-up
Index 14-Mar 18-Mar
Sensex
BSE Small cap 10,320.56 10,308.76
% Change
0.60%
0.87%
-0.02%
-0.11%
Nifty
18-Mar
Re / $ -0.88%
31,062.40 31,218.10
Market Indicators
Index 14-Mar
66.99 66.40
% Change
5.14%
0.50%
Crude INR 2,490.69 2,618.82
Gold INR
18-Mar
Major Market Indices
Index 14-Mar % Change
Bankex 17,386.43 2.68%17,851.58
CG 12,294.44 1.46%
HC 16,023.97 -4.71%
12,474.09
15,268.94
IT 10,830.10 3.21%
Metal 7,327.04 1.45%
11,177.50
7,433.25
Oil & Gas 8,787.10 2.76%
Power 1,707.89 0.48%
9,029.32
1,716.06
Nikkei 17,233.75
Hang Seng 20,435.34
Global Market update
Index 14-Mar
Dow Jones 17,229.13
20,671.63
2.17%
-2.95%
1.16%
% Change
17,602.30
16,724.81
18-Mar
For the Week Ended 14-03-16 to 18-03-16
Market Commentary
Past Week, Sensex moved up by 0.60% and Nifty by 0.87%. Rupee appreciated by 0.88%.
Top gainers of the week is Ambuja Cements Ltd. (15.11%). And Top loser of the week is Lupin Ltd. (-15.69%)
Economy News
Government to borrow 3.55 trilion rupees via bonds in April-September. Read More
FDI up 29% post Make in India initiative: Nirmala Sitharaman. Read More
Decline in consumer and wholesale inflation fuels hopes of rate cut by RBI. Read More
Industry News
Magicbricks acquires analytics portal Properji.com. Read More
RBI tweaks guidelines for revival of MSMEs. Read More
Maker of Nutrigain in talks for PE funding. Read More
Format No: RH/ETE/WR Revision No: 0
Date: 2 July 2012
Media Coverage
Coverage: Rediff- 18 March, 2016
Topic: Financial planning tips for your child's education. Read More
Learning Centre
Tax Relief
Tax relief is intended to reduce the tax liability of an individual or business entity. Often, the tax relief
is targeted at providing aid for a certain event or cause. For example, hurricane victims may be
allotted some form of tax relief when a hard-hit area is declared a disaster area. Tax relief is also
available periodically to support environmental causes, as seen with tax credits for the purchase of
energy-efficient appliances or the installation of energy-efficient windows.
Source: Investopedia
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Mr. Dattatreya B K Head of Research [email protected]
Mr. Timir Palan Sr. Financial Analyst [email protected]
Ms. Nibha Valsan Busines Analyst [email protected]
Right Horizons Research Team
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