#weeklygain

[usnewsper-business]

Market Outlook: Nifty 50 Set for Weekly Gain with IT and Pharma Stocks Boosting Domestic Demand #Delhivery #domesticdemand #ITstocks #JSWInfra #Nifty50 #NiftyBank #NiftyMidcap100 #pharmastocks #ShriramTransportFinance #SJVN #weeklygain

[elite-investment-advisory-blog]

Quick Weekly Wrap, Elite Market Watch on Stocks

Markets witnessed high volatility on Friday amid profit booking highly emerged in the media, metals and IT stocks. The Sensex gained 0.37 percent to end the week at 38,164.61 and the NSE Nifty 50 advanced 0.26 percent, to close at 11,456.90. Strong FPI inflows in the market boosted sentiment through the week. However, gains were wiped out for the day by profit booking on last trading session of Friday. As per media reports, Fitch Ratings cut India's economic growth forecast for the next FY starting April 1, to 6.8percnet from its previous estimate of 7 percent, looking to the on weaker than expected force in the economy. The rating agency has also reduced growth forecasts for FY2020 to 7% from 7.3% and for FY2021 7.1% from 7.3%, that also weighed on investors sentiment. Top gainers on the Nifty50 on weekly basis include PowerGrd Corpn (up 5.81%), Kotak Mahindra bank (up 5.30%), Infosys) up 4.90%), Hindalco (up 4.16%) and Indian Oil Corp (up3.94) On the other hand, major Nifty losers for the week are NTPC (down12.37%), Maruti Suzhki (down 7.53%), Hero Moto Corp (down 5.39%), Eicher Motors (down 5.19%) and Coal India (down4.63%). Get Nifty Future Tips , Commodity tips, Stock future tips by Best Stock Advisory Service in India. Read the full article

[usnewsper-business]

Market Outlook: Nifty 50 Set for Weekly Gain with IT and Pharma Stocks Boosting Domestic Demand #Delhivery #domesticdemand #ITstocks #JSWInfra #Nifty50 #NiftyBank #NiftyMidcap100 #pharmastocks #ShriramTransportFinance #SJVN #weeklygain

[elite-investment-advisory-blog]

WEEKLY EQUITY REPORT 29 Dec 2018

At the close of market hours, the Sensex was up 269.44 points or 0.75% at 36076.72, while the Nifty was higher by 80.10 points or 0.74% at 10859.90. the market breadth was narrow as 1546 shares advanced, against a decline of 1049 shares, while 163 shares were unchanged. sun pharma, Vedanta, and Titan were the top gainers, while Coal India, TCS, and Bharti Infratel lost the most. The market started off January series on a strong note with the nifty50 closing above 10,850 levels amid thin trade, extending gains for a third consecutive session on Friday. the positive lead from wall street and rally in banking & financials stocks lifted investor sentiment the index formed bullish candle on the daily charts and 'hammer' kind of pattern on the weekly scale. it closed a percent higher during the week. Weekly Gainers Stocks Closing Change %Change HPCL 255.90 11.45 4.68% ADANIPORTS 387.40 12.25 3.27% ZEEL 474.45 12.50 2.71% BAJFINANCE 2634.30 43.40 1.67% Weekly Lossers Stocks Closing Change %Change HEROMOTOCO 3122.60 -238.75 -7.10% IOC 138.20 -9.65 -6.53% BAJAJAUTO 2717.50 -169.70 -5.88% ASIANPAINT 1366.00 -59.80 -4.19% WEEKLY STOCK RECOMMENDATION BUY MUTHOOTFIN ABOVE 505 TARGETS 507, 514, 521 STOPLOSS 491 BUY ASTRAL ABOVE 1170 TARGETS 1185, 1200, 1215 STOPLOSS 1140 BUY LTI ABOVE 1740 TARGETS 1760, 1780, 1800 STOPLOSS 1700 BUY OIL BELOW 178.50 TARGETS 180.5, 182.5, 184.50 STOPLOSS 174.5 BUY SAKUMA ABOVE 34.10 TARGETS 34.60, 35.1, 35.60 STOPLOSS 33.10 Read the full article