Equity Report Outlook|24 carat financial services | 5th October 2017

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Equity tips:-

NIFTY:-

 

                                     Nifty, Sensex end in negative territory

  •  Major benchmark indices, Niy and Sensex closed lower by 26 points or 0.26% at 9,888 level and 79 points or 0.25% at 31,592 level.
  • There were 933 advances, 706 declines and 325 unchanged stocks on NSE indicang posive breadth floang in the market. India VIX ended lower by 1.52% at 11.62 level.
  • In the broader markets, BSE Mid-cap index closed at 15,691 level, up by 77 points, while BSE Small-cap index closed at 16,449 level, up by 128 points. Bank Niy ended at 24,058 level, down by 55 points or 0.23%.
  • Selling acvity was seen in sectors including IT, FMCG, Telecom and Auto, while all the other sectoral indices on BSE closed in the posive territory. Niy Media index was the top gaining index ending at 3012 level, up by 0.60%. Niy Financial Services index ended lower by 0.44% at 9956 level.
  • Punjab Naonal Bank was the top gainer in the Bank Niy index atRs 132.70 per share up 2.12%. IDFC Bank and IDFC Bank were also among the top gainers on the index ending higher by 1%.

Index View-:

    NIFTY:-

9888.70 -26.20 (-0.26%)
Oct 5-Close



nifty tips
  • In Thursday’s trading session Benchmark Indices Niy opened on a flat note and traded with sideways movement. Through the day, the Niy Index traded in a narrow range on the flash side, apart from some posive movements in the early part of the day. However, the market soon gave up its gains and connued to see sideways day of trade. Fresh selling in the last hour of trade dragged Indices lower and led to the market ending on a subdued note. Niy Index snapped its four-day gaining streak to close below 9900-mark. Niy closed lower by 26 points or 0.26% at 9,888 level.

  • Technically Niy index is trading below its trend line and its 21 days & 50 days moving averages, Niy Index also could not hold on it importaon levels of 9900 on daily chart.  

  • Hence we are stay on our bearish move in niy & In next trading session down side movement can be seen in the index and it can test down side levels of 9840-9820. Niy index is facing strong resistance at 9960.Traders are advised to make short posions in Niy around 9900-9990 for down side levels of 9850-9820 while 9960 would act as a strong

BANKNIFTY:-    

24058.05 -55.25 (-0.23%)
 Oct 6 - Close

 nifty bank tips
  • In Thursday’s trading session Bank Niy opened on a flat note and traded in a narrow range on the flash side, apart from some posive movements in the early part of the day. Bank Niy Index ended at 24,058 level, down by 55 points or 0.23%. Punjab Naonal Bank was the top gainer in the Bank Niy index at Rs 132.70 per share up 2.12%. IDFC Bank were also among the top gainers on the index ending higher by 1%.

  •  Technically Bank Niy index is trading below its major resistance levels of 24250 and its 21 days & 50 days moving averages on daily chart.

  •  Hence we are stay on our bearish move in Bank Niy Index & in next trading session it can test down side levels of 23900-23800 if it breaches its major support levels of 24000 on lower side. Bank Niy Index is facing major resistance at 24250.


Buzzing Stocks:-

Closing Bell:- 

  • Closing Bell:Gainers: Aurobindo (+2.5%), Ambuja, NTPC (+2%). Losers: Tech Mahindra, Infratel (-3%).
  • SBI puts 24 accounts with outstanding loan of Rs 3554 Cr up for sale to ARCs/NBFCs/FIs/Banks, as per media reports.
  •  Niy Realty Index up 1%. DLF, HDIL (+3%), Unitech, Presge (+1.5%).
  •  Maru Suzuki Sept producon up 3.3% at 1.51 Lk units vs 1.46 Lk units (YoY). Stock ends marginally down.
  • Gravita India stock jumps 13.5% on rise in lead price.
  • Shoppers Stop stock shines 2.5% on acquision of HyperCity by Future Retail.
  • Natco Pharma markeng partner Mylan launches generic Glaramer Acetate in the US market. Stock gains 3%.
  •  Glenmark stock up 2% as UK regulator renews manufacturing licence at Baddi unit.

Gainers/Loser:-

  Top Gainers -Nifty 500 :-

Top Losers-Nifty 500 :-

If you want to more information regarding the Stock tips,commodity tips, nifty tips missed call  @ 9069102223 or fill form http://24cfin.com/free-trial

 

Location: India

Comments

  1. aarna singhApril 12, 2018 at 4:21 PM

    Daily and monthly reports give the overview of market. Also traders should be aware of different trading aspects and various calculations which can help them to understand the market. In order to minimize the complexity of trading traders can take services from stock market advisory

    ReplyDelete
  2. Indira Securities December 31, 2019 at 12:43 PM

    We see that the earnings growth is likely to be more in the mid-teens for the Nifty50 index. Considering the growth slowdown, market leaders with healthy balance sheets and good free cash flow generation at the broader market level are better positioned to grow faster than the industry and the economy.
    Stock Broker

    ReplyDelete

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