Stock Market Daily Equity Market Report By MarketMagnify

MARKET HIGHLIGHTS

  1. Nifty ended 10442.20 UP 6.65 and Sensex 33812.26 DOWN 0.49 points
  2. GDP growth in India to accelerate over coming year: HSBC
  3. Roads ministry manages to construct only 5,000 km in 8 months vs target of        15,000 km    in FY18
  4. Punjab National Bank to offload entire stake in Principal PNB AMC JV
  5. Bajaj Auto sales up 30% in December at 2,92,547 units
  6. Ruias may pay Rs 3,500 crore of overdue interest, penalty to retain Essar Steel
  7. ITC, JK Paper and others line up to acquire Sirpur Paper Mills

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Daily Equity Report As on 1st-Jan.-2018

MARKET HIGHLIGHTS

 

  1.   Nifty ended 10435.55 DOWN 95.15 and Sensex 33812.75 DOWN 244.08 points
  2.   Retail inflation for industrial workers up at 3.97% in November
  3.   India looks to provide access to electricity to all in 2018
  4.   SAIL’s plan to buy distressed steel firms may face headwinds
  5.   IndusInd Bank raises $500 mn from overseas lenders
  6.   Mahindra sales up 8% to 39,200 units in December
  7.   Vivimed Labs gets additional $7.5 mn funding from OrbiMed Asia

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Daily Equity Report As on 29-Dec.-2017

MARKET HIGHLIGHTS

  • Nifty ended 10530.70 UP 52.80 and Sensex 34056.83 UP 208.80 points
  • India’s April-November fiscal deficit hits 112% of full-year target.
  • Govt approves 5.4 lakh more urban houses under central scheme.
  • Shriram Transport Finance raises Rs 400 cr by issuing bonds.
  • Mylan-Biocon’s breast cancer biosimilar gets ANVISA nod
  • Aarti Industries signs Rs 10,000 crore multi-year supply deal
  • IL&FS Transportation arm re-finances Rs 883 cr debt via NCDs

» Read more

Market Magnify:- Daily Equity Report As on 28-Dec.-2017

MARKET HIGHLIGHTS

  •   Nifty ended 10477.90 DOWN 12.85 and Sensex 33848.03 DOWN 63.78 points.
  •   Cotton export pegged at 67 lakh bales in current marketing year.
  •   Indian bond yields jump after govt announces additional borrowing .
  •   Expect 5% volume growth in FY18 & 15% for FY19: Star Cement.
  •   L&T’s construction arm wins Rs 1,600-cr job order.
  •   Expect loan growth to remain at 30-35%: AU Small Finance.
  •   Promoter entities transact Rs 2,479-cr shares in Bajaj cos.

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Daily Equity Report As on 27-Dec.-2017

MARKET HIGHLIGHTS

Nifty ended 10490.75 DOWN 40.75 and Sensex 33911.81 DOWN 98.80 points
Govt may con.

Health insurance outlook for 2018 looks optimistic.

sider bringing back fixed term employment .

 Maruti partners Delhi govt for automated driving test centres.

Aurobindo gets USFDA nod for Fondaparinux Sodium injection.

L&T’s construction arm wins orders worth Rs 1,125 cr .

Looking to raise funds from domestic & overseas market via QIP: Canara Bank.

» Read more

Daily Equity Report As on 26-Dec.-2017

MARKET HIGHLIGHTS

  Nifty ended 10531.50 UP 38.50 and Sensex 34010.61 UP 70.31 points
  India to leapfrog UK and France in 2018, Britain’s Cebr predicts
  Centre plans incentives of Rs 10,000 cr for municipalities & states
  Larsen & Toubro bags orders worth Rs 3,355 crore
  Hiring activity sees 16% growth in November: Naukri.com
  Dr.Reddy’s launches anti-cancer injection in US market
  Expect borrowing cost to rise by 12-15 bps for FY18: PNB Housing Finance

WEEKLY EQUITY REPORT UPDATE BY MarketMagnify

WEEKLY NEWSLETTER EQUITY

The market was in BULLISH TREND during the week. The Sensex was UP 477.33 points while the Nifty was UP 1.55 % during the week. Nifty future was in the range of 10060-10515

The Dow Jones fell 28.23 points, or 0.11 percent, to 24,754.06, the S&P 500 lost 1.23 points, or 0.05 percent, to 2,683.34 and the Nasdaq Composite dropped 5.40 points, or 0.08 percent, to 6,959.96. Wall Street’s major indexes dipped on Friday in low trading volume before the holiday weekend as several blue-chipstocks slipped, including Nike.Nike Inc shares fell 2.3 percent after the company forecast muted growth in current-quarter revenue, reflecting its struggles in the North American market.UnitedHealth Group Inc was down 0.8 percent after the health insurer agreed to buy Chilean healthcare company Banmedica SA for USD 2.8 billion. Investors are winding down ahead of Christmas on Monday, when the market will be closed. Wildly volatile bitcoin plunged below USD 12,000, losing around a third of its market value in five days, before rebounding to above USD 14,000. Companies that have been riding the bitcoin wave were hit hard by the cryptocurrency’s slump.

For the week, the Sensex was UP 477.33 points while the Nifty was UP 1.55 % during the week. » Read more

Daily Equity Report As on 22-Dec.-2017

MARKET HIGHLIGHTS

Nifty ended 10493.00 UP 52.70 and Sensex 33940.30 UP 184.02 points.

Expect India to growth at 6.7% in FY18, 7.4% in FY19: IMF’s Maurice Obstfeld.

RBI warns of elevated NPA risks;pvt banks dud loan spike 41%.

Expect to become debt free after selling 100% stake in Mumbai power biz: Rel Infra.

Board has decided to apply for trading licences: NHPC.

Edelweiss aims 200-250% growth in AUM by FY’19.

TCS bags record $2.25 billion outsourcing contract with TV ratings firm Nielsen. » Read more

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