Daily Equity Report Update By Market Magnify

MARKET HIGHLIGHTS

Nifty ended at 10221.80 DOWN 104.75 and Sensex at 33832.94 DOWN 316.41 points

Indian November factory growth fastest since late 2016 currency shock

Govt approves launch of Rs 9,000 crore National Nutrition Mission

PFC mobilises USD 400 mn through maiden green bond

Edelweiss launches AIF focused on IPO-bound companies

Dr Reddy’s gets first cycle nod for psoriasis treatment cream

Escorts tractor sales in November rise 6.5% to 5,119 units

NIFTY DAILY

nifty

BANK NIFTY DAILY

bank nif

MARKET PERFORMANCE

NIFTY GAINERS                                                                                         

COMPANY NAME CURRENT PREV. CLOSE(RS) CHANG.(RS) CHAG.(%)
AMBUJACEM 264.15 262.50 1.65 0.63
KOTAKBANK 1006.00 1000.30 5.70 0.57
INFRATEL 385.00 383.70 1.30 0.34
NTPC 181.50 181.15 0.35 0.19
MARUTI 8615.00 8599.10 15.90 0.18

NIFTY LOSERS          

COMPANY NAME CURRENT PREV. CLOSE(RS) CHANG.(RS) CHAG.(%)
TECHM 469.55 489.25 -19.70 -4.03
IBULHSGFIN 1160.00 1205.85 -45.85 -3.80
ADANIPORTS 385.00 398.00 -13.00 -3.27
VEDL 285.90 295.45 -9.55 -3.23
GAIL 454.00 468.40 -14.40 -3.07

NSE STATS                 

ADVANCES 08
DECLINES 42
UNCHANGED 00

FII TRADING ACTIVITY (NSE & BSE) In Crores

CATEGORY DATE BUY VALUE SELL VALUE NET VALUE
FII/FPI 01-DEC-17 4564.7 4258.59 306.11                 

DII TRADING ACTIVITY (NSE & BSE) In Crores  

CATEGORY DATE BUY VALUE SELL VALUE NET VALUE
DII 01-DEC-17 2335.29 2159.1 176.19

For more information visit our site www.marketmagnify.com  or missed call 7879881122.

MARKET TREND UPDATE

NIFTY SPOT LEVELS
SUPP 1: 10190
SUPP 2: 9990
RES 1: 10440
RES 2: 10650

BANK NIFTY FUTURE LEVELS
SUPP 1: 25210
SUPP 2: 23560
RES 1: 26060
RES 2: 26430

WORLD MARKET ALERT
HANG SENG 118
NIKKEI -1
SHANGHAI 0
DOWJONES 331
NASDAQ 49
SGX NIFTY -1

INTERNATIONAL MARKET UPDATE
GOLD $ 1277.70
SILVER $ 16.46
COPPER $ 307.10
CRUDE $ 57.57
INR 64.46

Stock Market Commentary

Equity benchmark indices open on negative note tracking Asian market on last day of the month and continue its down trend throughout the day as we said Nifty future is moving in a channel and breakout on either side will attract directional movement. India reported a fiscal deficit of Rs 5.25 lakh crore for April-October, or 96.1 % of the budgeted target for the current fiscal year that ends in March 2018.The deficit was 79.3 % of the full-year target during the same period a year ago, which causes indices to fall in last hour of the day.

Reality is the only sector which ended with a gain of 1.12% rest of the indices closed in red in which PSU banks fell the most by 2.31% followed by private bank by 1.81%.

Gail, Bosch and Idea were the top gainers, while UPL, Hindalco and SBI lost the most.

Tomorrow market will depend on national and international data as investors for GDP data for july-sept quarter, government well unveil midterm review of the foreign trade policy today and also outcome of OPEC meetings will impact tomorrow market.

We like to advise traders and investors to remain caution as Nifty future had breakdown its channel support level and be stock specific and to do proper study before investing and looking at this uncertainty, we advise traders to remain light and follow strict stop losses for existing positions

RESISTANCE & SUPPORT LEVELS -:

Support of Nifty future is placed at 10190 and 10050.

Resistance of Nifty future is placed at 10350 and 10440.

Support of Bank Nifty future is placed at 25230 and 25090.

Resistance of Bank Nifty future is placed at 25660 and 26010.

For more information visit our site www.marketmagnify.com  or missed call 7879881122.

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