Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Google
Web www.equitybulls.com
Market Commentary

| More

Nifty climbs 1.44% - Anita Gandhi, Whole Time Director at Arihant Capital Markets

Posted On: 2018-04-13 23:55:41

"For the week, Nifty climbed 1.44 percent and closed below 10,500 levels. The benchmark NIFTY gained over 3% in the last seven trading sessions with third weekly gain and on the valuation front NIFTY is trading at price-to-earnings multiple of 26x.

On global front: Reduced geopolitical tension between US and Russia and cool down of Trade war fear between China and US boosted the market sentiment but concern over crude price still there in the market.

March quarter earnings are expected to provide further support to the market going ahead.

On the macro front, WPI inflation and Trade balance data for March will be announced on April 16. CPI data for rural and farm labourers for March will be announced on April 20. Crude, refinery output and Mobile subscribers' data for March will be announced on April 20-27.

US Retail Sales and US Core Retail Sales data will be announced on Monday, April 16. China GDP, Chinese Industrial Production, Chinese Retail Sales, Japanese Industrial Production, UK Unemployment Rate, US Building Permits, US Housing Starts and US Industrial Production data will be announced on Tuesday, April 17. Japanese Trade Balance, UK CPI, UK PPI, European CPI and US Crude Oil Inventories data will be announced on Wednesday, April 18. European Current Account, UK Retail Sales, US Philly Fed Manufacturing Index and US Unemployment Claims data will be announced on Thursday, April 19. IMF Meetings and European Consumer Confidence data will be announced on Friday, April 20.

Major companies which will announce Jan-Mar quarter earnings this week include CRISIL, Muthoot Capital, Tata Sponge, ACC, HDFC Life, Mindtree, IndusInd Bank, TCS, CDSL, HDFC Bank".


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

NRI deposits highest since FY14 - Acuité Ratings

Seems a breather due to underperformance of few heavyweights: Angel Broking

Market will crucially watch for Manufacturing PMI, Infrastructure output's numbers & ICICI bank's result : Epic Research

All eyes on 10200 now:Angel Broking

Market Strategies for Tuesday, October 16, 2018 from Share India Securities Ltd

Quarterly number of crucial companies may have a larger impact on specific factors : Epic Research

It's a bear momentum - Market crash - Epic Research

Thursday morning wiped off Rs 4 lakh crore of investor wealth within 5 minutes

Expect further bounce back in midcap universe: Angel Broking

No respect for 200 day SMA as well: Angel Broking

SBI Ecowrap - Excise cut most welcome, states are already cutting in tandem: Short term steps by RBI now a must for currency market stability

RBI's Policy decision will be crucial for coming week market : Epic Research

Expectation from RBI Monetary Policy - Karan Mehrishi, Lead Economist at Acuité Ratings and Research

Nifty to continue its downtrend for lower targets of 10600 - 10700 : Epic Research

Market View - Mr. Abhijeet Dey - BNP Paribas Mutual Fund

Nifty needs to close past 11340 to show some corrective upside

All eyes will be on crude oil movement and INR in the coming week : Epic Research

After a decline, appearance of Hammer pattern indicates a trend reversal

Nifty recovered some ground, Metal universe poised for strong move: Angel Broking

Nifty will consolidate next week before any fresh breakout on either side defining the short term trend : Epic Research

Bullish Hammer activated, further recovery on cards: Angel Broking

Oversold levels may allow for further bounce towards 11500-11540

Smart tail-end recovery looks encouraging, 'Metal' to continue outperformance: Angel Broking

Nifty has formed big red candle stick pattern on daily chart - Equity99

Still just a profit booking and not a trend reversal: Angel Broking

Market will look for IIP and Inflation data in Mid September : Epic Research

The index is likely to enter into a corrective trend - Market Strategy Aug 31, 2018 - Share India Securities Ltd

No obstacle seen before 11900, do watch out for 'Metal' space: Angel Broking

Further liberalization can help double rural income faster in India - Rajiv Ranjan Singh

Weekly Market Outlook - Rahul Sharma, Senior Research Analyst, Equity99

Floods to have a significant impact on the Kerala economy - Acuité Ratings & Research

Nifty expects to range between 11430 - 11600 for coming week market : Epic Research

Large caps and blue chips leading momentum for coming week market : Epic Research

Nifty has a strong support for 11295-11235 for coming week - Equity99

Keep using declines, further legs to unfold: Angel Broking

Economy Update: Monetary Policy - Kotak

Nifty eying 11400 - 11500, keep participating without any hesitation: Angel Broking

RBI policy leading the coming week market : Epic Research

Nifty enters uncharted territory, still long way to go: Angel Broking

Hitting record highs is merely a formality now: Angel Broking

Heavyweights results will drive market for next week : Epic Research

Market gearing up for new highs: Angel Broking

Midcap index is in process of bottoming out: Angel Broking

Expect choppy moves in index, better to continue with stock centric approach: Angel Broking

Crude price and its impact will drive coming week market - Epic Research

Benchmarks once again stuck in a range: Angel Broking

Metals, real estate and fertilizers to perform well in July series : Epic Research

Majority of longs have been lightened - The Rollover Report: Angel Broking

Markets in a corridor of uncertainty: Angel Broking

10650 - Probably a trend deciding level: Angel Broking







Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2018