Weekly Equity Report 22th-JAN-2018
- The market was BULLISH during the week. The Sensex was UP 919.19 points while the Nifty was UP 2.00 % during the week. Nifty was in the range of 10665-10919
- The Dow Jones Industrial Average was up 53.91 points, or 0.21 percent, to close at 26,071.72, the S&P 500 gained 12.27 points, or 0.44 percent, to 2,810.3 and the Nasdaq Composite added 40.33 points, or 0.55 percent, to 7,336.38.
Wall Street rose on Friday, led by gains in consumer stocks, even as a possible government shutdown loomed.
The S&P 500 and the Nasdaq hit record closing highs, while the Dow ended the day higher after trading in a narrow range.
For the week, the Dow rose 1.04 percent, the S&P 500 added 0.86 percent and the Nasdaq gained 1.04 percent.Nine of the 11 major S&P sectors were higher, led by a 1.1 percent gain in the consumer staples index and a 0.9 percent rise in consumer discretionary stocks.A disappointing full-year profit forecast from IBM pushed its shares down 4.0 percent, the biggest single-day loss since July.
The US Senate was racing to avert a shutdown ahead of a midnight deadline on the spending measure amid lingering disagreements between Democrats and Republicans. Negotiations continued on Friday after Senate Democratic leader Chuck Schumer met with President Donald Trump at the White House to address the impasse.
- For the week, the Sensex was UP 919.19 points while the Nifty was UP 2.00 % during the week.
NEWS AFFECTING INDIAN MARKETS
- Digital infra to increase threefold in 5 years: Telecom Secretary
- Swiss Prez to discuss trade pacts with PM Modi in Davos
- Govt allows import of non-standard steel via two more ports
- Government eyes 20 million foreign tourists by 2020, to double forex earnings
NSE WEEKLY GAINERS
|COMPANY NAME||DAY’S CLOSING PRICE (RS.)||PREVCLOSE||5 DAYS AGO (RS.)||5 DAYS RETURN (%)|
|INDEX||PREV CLOSE||CURRENT CLOSE||NET CHANGE||% CHANGE|
|DOW JONES INDUS. AVG||26,071.72||53.91||0.21||19-JAN-2018|
S&P NIFTY WEEKLY
BANK NIFTY WEEKLY
More Profit Miss Call This No 7879881122 And Earn Money In Share Market to click here www.marketmagnify.com/freetrial.php.