Morning Release of 01 Feb, 2018. |
Outlook
Market remained sideways to downwards ahead of Budget 2018. Nifty with a change of -0.20% closed at the levels of 11,027. Nifty charts show uncertainty ahead of the budget, Markets are expected to open with high volatility. The upside resistance will be 11,105-11,220 and support of 10,920-10,868.
Indian shares fell for a second consecutive session on Wednesday, as investors stayed cautious a day before the government unveils its annual budget, but indices still posted their best month since October amid signs of earnings recovery.
The broader NSE index fell 0.20% to 11,027.70, but gained 4.72% for the month, posting its second consecutive monthly gain. The benchmark BSE index closed down 0.19% at 35,965.02, but ended the month 5.60% higher.
The broader NSE index fell 0.20% to 11,027.70, but gained 4.72% for the month, posting its second consecutive monthly gain. The benchmark BSE index closed down 0.19% at 35,965.02, but ended the month 5.60% higher.
Top Gainers
Company Name |
Close (in INR.) |
% Change |
INFRATEL |
352.00 |
2.19% |
KOTAKBANK |
1,109.00 |
1.93% |
TECHM |
611.00 |
1.34% |
Top Losers
Company Name |
Close (in INR.) |
% Change |
DRREDDY |
2,224.00 |
-3.56% |
TATASTEEL |
706.60 |
-3.36% |
UPL |
751.40 |
-2.51% |
52 week High & Low
Company Name |
Close (in INR.) |
High or Low? |
21STCENMGM |
40.20 |
HIGH |
AMBER |
1,299.00 |
HIGH |
APOLLO |
326.55 |
LOW |
BHUSANSTL |
47.80 |
LOW |
Indices
Indices |
Last Trade |
% Change |
NIFTY |
11,027.70 |
-0.20% |
NIFTY IT |
12,986.40 |
-0.93% |
NIFTY PHARMA |
9,384.75 |
-1.87% |
NIFTY FMCG |
27,127.30 |
-1.40% |
NIFTY REALTY |
344.70 |
-0.03% |
BANK NIFTY |
27,379.45 |
+0.40% |
INDIA VIX |
15.92 |
-2.95% |
FII/DII Activity as on 31 Jan, 2018
FII/DII |
Net Change (in Cr.) |
FII |
-136.63 |
DII |
+1,294.66 |
Corporate Events
- State-run Hindustan Copper reported a 12% jump in profit at INR. 18.92 Cr. for the third quarter ended on December 31, 2017.
- Karur Vysya Bank's net profit declined by over 38% to INR. 71.49 Cr. for the quarter ending December due to a rise provisions for bad loans.
- Mahindra Holidays and Resorts India (MHRIL) reported 11% decline in its standalone profit after tax during quarter ended December 31, at INR. 31.70 Cr.
- JSW Steel reported an over two-fold rise in its consolidated net profit at INR. 1,774 Cr. for the quarter to December 2017.
Results Corner
No results declared.