Nifty to open gap down at 9348, fall of 4 points

 Dynamic Levels’ Market Outlook:

Market to correct on tension between US & North Korea, Nifty hurdle at 9400

Indian Market Outlook: Yesterday, Nifty opened at 9336, made a life time high of 9367 and closed at 9352 after making a low of 9301. Today, nine F&O listed companies will announce its Q4 result – Biocon, Shriram Transport Finance, TVS Motor, Ujjivan Financial, Tata Elxsi, Reliance Capital, Kotak Mahindra Bank, Maruti Suzuki and Indiabulls Real Estate.

Bank Nifty also made an all time high of 22276 and closed at 22243, yesterday.

Small Cap Index witnessed some sort of profit booking last day. It opened at 7516 made an all time high of 7531, from there it made a low of 7327 and closed at 7388.

Nifty to open gap down by 4 points at 9348 against yesterdays close of 9344.25 as per SGX.

 

https://www.marketmagnify.com/freetrial.phpor give a Missed call @7879881122.

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Nifty can gain 30 points at opening

Nifty can gain 30 points at opening

Trading of SGX Nifty futures on the Singapore stock exchange indicates that the Nifty could gain 30 points at the opening bell, says Maximus Securities.

Maximus Securities’ Daily Report:

 

F&O Outlook:

Nifty PCR-OI has increased to 1.36 from 1.13. The rise in the ratio may be due to increase in PE of 9200 and decrease in CE of 9200. PE of 9100 and CE of 9200 are the highest number of contracts traded.

 

Opening for the Day:

Trading of SGX Nifty futures on the Singapore stock exchange indicates that the Nifty could gain 30 points at the opening bell.

 

https://www.marketmagnify.com/freetrial.php or give a Missed call @7879881122.

HDFC Bank defies a challenging environment

HDFC-Bank_15HDFC Bank’s core income growth as well as loan book expansion rivals that of fast-growing small banks, with net interest income growing 20.29% on the back of a loan book growth of 19.4%. Photo: Pradeep Gaur/Mint.

 

HDFC Bank Ltd hit all the right notes with investors as it reported a bounce back in its profit growth, stable asset quality and expansion in net interest margin for the fourth quarter of 2016-17.

 

Visit https://www.marketmagnify.com/freetrial.php or give just a Missed call @7879881122.

 

India’s most valuable private sector lender reported a net profit of Rs3,990.1 crore for the March quarter, an 18.3% increase from the previous year, compared with the tepid 15% rise in the December quarter. The fact that most of its metrics have rebounded from their dip in the December quarter shows that it has left the effects of demonetization firmly behind.

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