Morning Release of 28 Mar, 2018. |
Outlook
Nifty opened with a gap up at the levels of 10188 and managed to touch the first resistance level of 10208. With Bank NIFTY weekly expiry due in a day, market remained choppy and ended with a change of +0.53% at the levels of 10184. Nifty is expected to open in the green zone with an immediate resistance of 10247-10280 and support of 10147-10090.
Indian shares closed higher for a second straight session on Tuesday, with lenders such as State Bank of India (SBI) among leading gainers, as a surprise cut in the government’s borrowing programme for the next fiscal year lifted sentiment.
The broader NSE Nifty closed 0.53% higher at 10184.15, while the benchmark BSE Sensex ended up 0.33% at 33174.39. The Nifty PSU bank index climbed 3%, with SBI closing 2.80% higher.
The broader NSE Nifty closed 0.53% higher at 10184.15, while the benchmark BSE Sensex ended up 0.33% at 33174.39. The Nifty PSU bank index climbed 3%, with SBI closing 2.80% higher.
Top Gainers
Company Name |
Close (in INR.) |
% Change |
IOC |
174.60 |
4.43% |
IBULHSGFIN |
1252.00 |
3.94% |
HINDPETRO |
345.20 |
3.57% |
Top Losers
Company Name |
Close (in INR.) |
% Change |
INFRATEL |
337.00 |
-2.02% |
BHARTIARTL |
413.05 |
-2.00% |
BAJAJ-AUTO |
2804.80 |
-1.54% |
52 week High & Low
Company Name |
Close (in INR.) |
High or Low? |
BANDHANBNK |
499.00 |
HIGH |
BHARATFIN |
1099.90 |
HIGH |
ABGSHIP |
7.60 |
LOW |
ADHUNIK |
3.50 |
LOW |
Indices
Indices |
Last Trade |
% Change |
NIFTY |
10184.15 |
+0.53% |
NIFTY IT |
12518.20 |
+0.45% |
NIFTY PHARMA |
8452.50 |
+0.74% |
NIFTY FMCG |
26300.15 |
+0.50% |
NIFTY REALTY |
297.25 |
+0.29% |
BANK NIFTY |
24434.15 |
+0.78% |
INDIA VIX |
15.55 |
+2.34% |
FII/DII Activity as on 27 Mar, 2018
FII/DII |
Net Change (in Cr.) |
FII |
+1063.12 |
DII |
+2172.91 |
Corporate Events & Results Corner
- Commercial vehicle maker, Ashok Leyland will increase prices of its entire product portfolio by a minimum of 2% from next month to partially offset the impact of rising input costs.
- L&T Construction bags INR. 4353 Cr. orders in T&D business.
- Lupin gets USFDA nod for generic psoriasis drug.
- Larsen & Toubro wins INR. 747 Cr. contract from NPCIL.
- Capital First to raise INR. 1500 Cr. via bonds.
- Glenmark gets USFDA nod for psoriasis spray.
- Kalpataru Power Transmission bags orders worth INR. 901 Cr.
