Weekly Review of Stock, for the week ended 22 December, 2017

Weekly Review of Stock, for the week ended 22 December, 2017:

The Stock Market Tips rallied in the week ended Friday,22 Dec, on the back of BJP winning effect in Gujarat and HP together with strong global markets The Sensex opened the week at 33,364 and made a peak of 33,964 & a low of 32,595 closing the week at 33, 940. Thus it closed with the weekly gain of 478 points on the other hand, the Nifty opened the week at 10,263 & made a peak of 10,501, reached the bottom of 10,074 and closed the week at 10,493. Thus the Nifty closed with the weekly gain of 160 points. 

Key Stock movements during the Week: Moving on the key stocks, ICICI Bank spurted 4.27% at Rs 316.40. The bank’s subsidiary ICICI Securities has filed a DRHP with Sebi for an IPO of up to 6.44 cr equity shares. 

HDFC Bank was up 0.23% at Rs 1,877.35 after banks said for raising of funds up to Rs 24,000 crore, while IndusInd Bank dropped 1.85% at Rs 1,648.85 on bank’s amalgamation of Bharat Financial Inclusion. 

Wipro rose 3.9% at Rs 301.10 on its announcement of partnership with Headspin. Stocks of Bharti Airtel rose 2.33% at Rs 531.05 on its entering into a pact with Millicom Cellular, while Hero MotoCorp surged 7.72% at Rs 3,772.20. 

Dr Reddy’s fell 1.64% at Rs 2,333.05. Coal India was down 1.86% at Rs 266. The HDFC was down 0.84% at Rs 1,708.35 on its approval of raising funds by issuing equity shares of Rs 13000 crore.

Stock Market weekly review,Top advisory company in India

Stock Market weekly review,Top advisory company in India: Sensex, Nifty posted modest losses in the week ended 8 Sept 2017, as rising geopolitical worries between the US & North Korea diminished sentiments.

In the weekend, BSE Sensex closed higher by 25 points, or 0.07%, to 31,688, while the Nifty 50 edged up by 5 points, or 0.05%, to 9,935.

In the past week beginning from August 31, 2017 to September 07, 2017, market was volatile. Weak GDP data, geopolitical worries are some of the key factors that affected the movements of the Indian indices. Sensex ended 68 pts lower, while Nifty managed to close positively, up 12 pts from the last week.

Increasing foreign investors selling due to premium valuation, lackadaisical earnings season and geopolitical worries kept the dictations for the market. Concerns on the North Korea front persisted, however, the good part was inflows by DIIs (Domestic institutional investors) and vigor in the rupee, which offset the downside.

Lack of clarity on the impact of GST in corporate earnings of the companies added to cautiousness. However, for the coming week, the market would keenly watch for the development in global markets. The key data points to be on the lookout are IIP, CPI and WPI.

Weekly Reports -Stock Overview for the week ended Sept.1, 2017

Weekly Reports -Stock Overview for the week ended Sept.1, 2017:

The benchmark indices BSE Sensex and the Nifty 50 index clocked impressive gains in the week ended Friday, 1 Sept 2017 on positive global cues. Except sharp losses on Tuesday, 29 August 2017, the two key indices registered modest gains in 4 trading days of the week.

Through the week, a stellar auto sales and cheering August manufacturing data supported investors put behind the unsatisfactory GDP numbers. The benchmark Sensex went up 162 points to end at 31,892.23 as a three-week high, whereas the Nifty closed short of 10,000. Broad market depicted strength. The BSE Mid-Cap index rose 2.84%. The BSE Small-Cap index advanced 3.09%.

Throughout the week following stocks captured attention:

• Software major Infosys rose 0.83% at Rs 920.10.
• Wipro advanced 2.49% at Rs 296.80.
• Dr Reddy’s surged 6.2% at Rs 2,217.35.
• Lupin rose 0.18% at Rs 993.50.
• Maruti Suzuki India rose 2.77% at Rs 7,812.70.
• Bajaj Auto jumped 6.74% at Rs 2,918.65.
• Reliance Industries rose 2.68% at Rs 1,609.35.
• L&T rose 0.74% at Rs 1,139.70.