Weekly market report 25-01-2016 to 29-01-2016
2
Format No: RH/ETE/WR Revision No: 0 Date: 2 July 2012 For Week Ended CEO’s Desk Though trading for the week began on a slightly higher note on account of the positive global cues, but a sell- off in the markets erased the gains. Consecutive trading sessions too experienced a subdued momentum despite of derivatives expiry – being the last Thursday of the month. However, the final trading session witnessed a massive comeback of the bullish momentum with the markets closing above the resistance level of 7544. Resistance for Nifty – 7717/7877 Support for Nifty - 7417/7345 24,485.95 24,340.06 7,436.15 7,563.55 BSE Midcap 10,207.41 10,207.76 Capital Market Round-up Index 25-Jan 29-Jan Sensex BSE Small cap 10,697.71 10,747.32 % Change -0.60% 1.71% 0.00% 0.46% Nifty 29-Jan Re / $ 0.44% 28,087.70 28,379.70 Market Indicators Index 25-Jan 67.51 67.81 % Change 11.30% 1.04% Crude INR 2,048.25 2,279.77 Gold INR 29-Jan Major Market Indices Index 25-Jan % Change Bankex 17,662.39 -0.33% 17,603.89 CG 12,394.78 -0.22% HC 15,695.55 3.88% 12,368.05 16,304.98 IT 10,902.01 2.41% Metal 6,766.95 1.88% 11,165.01 6,894.01 Oil & Gas 9,051.59 2.28% Power 1,772.47 3.72% 9,258.06 1,838.42 Nikkei 17,110.91 Hang Seng 19,340.19 Global Market update Index 25-Jan Dow Jones 15,885.22 19,683.11 3.66% 2.38% 1.77% % Change 16,466.30 17,518.30 29-Jan For the Week Ended 25-1-16 to 29-1-15 Market Commentary Past Week, Sensex moved down by 0.60% and Nifty moved up by 1.71%. Rupee depreciated by 0.44%. Economy News I-T Department resolves over 100 transfer pricing cases of US companies. Read More Government to get Rs 726 crore via second tranche of gold bond scheme. Read More RBI seeks Rs 26,000 crore more for capital infusion by 2018. Read More Industry News Email Microsoft’s stepping stone for growth in cloud. Read More Xerox to split into two, give Icahn three board seats. Read More ONGC Videsh losing out chance to gobble cheap assets due to crude oil collapse. Read More
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Transcript of Weekly market report 25-01-2016 to 29-01-2016
Format No: RH/ETE/WR Revision No: 0
Date: 2 July 2012
For Week Ended
CEO’s Desk
Though trading for the week began on a slightly higher note on account of the positive global cues, but a sell-off in the markets erased the gains. Consecutive trading sessions too experienced a subdued momentum despite of derivatives expiry – being the last Thursday of the month. However, the final trading session witnessed a massive comeback of the bullish momentum with the markets closing above the resistance level of 7544. Resistance for Nifty – 7717/7877 Support for Nifty - 7417/7345
24,485.95 24,340.06
7,436.15 7,563.55
BSE Midcap 10,207.41 10,207.76
Capital Market Round-up
Index 25-Jan 29-Jan
Sensex
BSE Small cap 10,697.71 10,747.32
% Change
-0.60%
1.71%
0.00%
0.46%
Nifty
29-Jan
Re / $ 0.44%
28,087.70 28,379.70
Market Indicators
Index 25-Jan
67.51 67.81
% Change
11.30%
1.04%
Crude INR 2,048.25 2,279.77
Gold INR
29-Jan
Major Market Indices
Index 25-Jan % Change
Bankex 17,662.39 -0.33%17,603.89
CG 12,394.78 -0.22%
HC 15,695.55 3.88%
12,368.05
16,304.98
IT 10,902.01 2.41%
Metal 6,766.95 1.88%
11,165.01
6,894.01
Oil & Gas 9,051.59 2.28%
Power 1,772.47 3.72%
9,258.06
1,838.42
Nikkei 17,110.91
Hang Seng 19,340.19
Global Market update
Index 25-Jan
Dow Jones 15,885.22
19,683.11
3.66%
2.38%
1.77%
% Change
16,466.30
17,518.30
29-Jan
For the Week Ended 25-1-16 to 29-1-15
Market Commentary
Past Week, Sensex moved down by 0.60% and Nifty moved up by 1.71%. Rupee depreciated by 0.44%.
Economy News
I-T Department resolves over 100 transfer pricing cases of US companies. Read More
Government to get Rs 726 crore via second tranche of gold bond scheme. Read More
RBI seeks Rs 26,000 crore more for capital infusion by 2018. Read More
Industry News
Email Microsoft’s stepping stone for growth in cloud. Read More
Xerox to split into two, give Icahn three board seats. Read More
ONGC Videsh losing out chance to gobble cheap assets due to crude oil collapse. Read More
Format No: RH/ETE/WR Revision No: 0
Date: 2 July 2012
Media Coverage
Coverage: The Financial Express (Online) 25 Jan, 2016
Topic: Investment advice for start-ups. Read More
Coverage: Business World 27 Jan, 2016
Topic: Be an Early Bird. Read More
Learning Centre
Relative Strength Index – RSI
A technical momentum indicator that compares the magnitude of recent gains to recent losses in an
attempt to determine overbought and oversold conditions of an asset. It is calculated using the
following formula:
RSI = 100 - 100/(1 + RS*)
*Where RS = Average of x days' up closes / Average of x days' down closes.
Source: Investopedia
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
You can also reach us at [email protected]
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