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

| More

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

Posted On: 2018-08-05 22:03:33

Mr. Sumit Bilgaiyan, Co–Founder and Director, Equity99

The market has reversed Thursday's losses and Nifty reclaims 11,350 marks. Both the indices Sensex & Nifty post biggest one-day gains in more than a month! Sensex increased 391 points to end above the 37,500 mark led by financials which contribute over 50% to Nifty gains. HDFC, ICICI Bank was top gainers while Kotak Mahindra Bank was up 2% on Rs. 500 crs share issuance. While in midcaps Bharat Forge and Ramkrishna Forgings hits an all-time high on back of class-8 truck sales. On 4th August 2018 Thyrocare's board of directors will meet to consider a buyback. On 6th August 2018, much awaited and massively subscribed IPO HDFC Asset Management Company Limited will list on the same day Adani Ports will also declare its quarterly numbers.

While Gateway Distriparks, JBM Auto, and Omaxe will have boar meets to discuss on fundraising on Saturday and on the same day PNB's board meet will consider capital infusion of Rs. 2816 crore by Government of India for preferential allotment of equity shares of Bank. On 7TH August M&M will declare its numbers while Trident, Shree Pushkar Chemicals and Prism Johnson will have board meets to consider fundraising. On 8th August, Cipla, Lupin, BPCL and HPCL will declare its results while Sadbhav Infra and RCF will have board meets to consider fundraising on the same day. Eicher Motors will declare its results on 9th August while U.S. and Japan will hold their first bilateral trade talks. HINDALCO, SBI and GAIL will declare their respective numbers on 10th August and Government of India will declare June month's IIP numbers. Nifty has a strong support for 11295-11235 for coming week while hurdle is at 11450 marks.


Source: Equity Bulls

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





Other Headlines:

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

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

All's well that ends well: Angel Broking

OPEC meet and trade war fear will keep the markets jittery : Epic Research

10700 - 10650 remains to be a crucial support: Angel Broking

Boredom continues as index gyrates in a slender range: Angel Broking

US-Sino trade war hits risky assets hard: Angel Broking

North Korea and the US finally smoke the pipes of peace: Angel Broking

IIP gets closer to 5% mark for April: Angel Broking

Stronger hands writing Index Puts - Angel Broking

Index continues its lethargic move: Angel Broking

Nifty reluctant to remain below 10558: Angel Broking

Market Quote by Anita Gandhi, Whole Time Director at Arihant Capital Markets

Market Quote by Gaurav Jain, Director, Hem Securities

Karnataka Election and Q4 Result is trigger for coming week market - Epic Research

Some hopes built ahead of Karnataka elections: Angel Broking

Market outlook - Sanjeev Zarbade, Vice-president-PCG Research at Kotak Securities

10690 earns respect from traders: Angel Broking

Some life seen in PSU banks: Angel Broking

DBS Economics & Strategy: This Week: Firm growth, hawkish undertones

Market outlook by Teena Virmani, Vice President - Research at Kotak Securities Ltd.

Q4 result will drive market in coming week : Epic research

Action pack week coming up next - Rahul Sharma, Senior Research Analyst at Equity99

10800 remain to be a sturdy wall: Angel Broking

Week gone by - Market Quote - Anita Gandhi, Whole Time Director at Arihant Capital Markets.

Week gone by - Market Quote - Gaurav Jain, Director, Hem Securities

Long Rollovers hints extension of ongoing move: Angel Broking

Reliance is widely expected to post an increase in Q4 - Epic Research

Nifty reclaims 10700, courtesy to Reliance and banking counters: Angel Broking

Market outlook - Sanjeev Zarbade, Vice-president - PCG Research, Kotak Securities

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

Expiry factor pushed index beyond 10600: Angel Broking

DBS Macro strategy: INR volatility weighs on carry appetite

Market View - April 25, 2018 - Mr. Abhijeet Dey, Senior Fund Manager-Equities, BNP Paribas Mutual Fund

Market View - BNP Paribas Mutual Fund - April 23, 2018





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

disclaimer copyright © 2005 - 2018