Morning Release of 05 Apr, 2018.

Outlook

Nifty after forming higher highs, showed a profit booking session and touched the lows of 10111. The session ended in the red zone with a change of -1.14% at the levels of 10128. Technically, Nifty is expected to remain bearish with an immediate support of 10085-10039 and resistance of 10177-10188.

Indian shares erased earlier gains to end lower on Wednesday on renewed fears of a global trade war after China retaliated against U.S. tariffs by imposing additional duties on $50 billion of U.S. goods.

The broader NSE Nifty was down 1.14% at 10128.40, while the benchmark BSE Sensex was 1.05% lower at 33019.07.

Top Gainers

Company Name	Close (in INR.)	% Change
TATAMOTORS	354.80	3.41%
EICHERMOT	28900.00	3.25%
HINDUNILVR	1358.00	0.71%

Top Losers

Company Name	Close​ (in INR.)	% Change
UPL	734.00	-4.13%
VEDL	271.90	-3.99%
TATASTEEL	559.10	-3.55%

52 week High & Low

Company Name	Close​ (in INR.)	High or Low?
BAJAJELEC	664.00	HIGH
BHARATFIN	1125.00	HIGH
AMTEKAUTO	19.90	LOW
BRFL	38.05	LOW

Indices

Indices	Last Trade	% Change
NIFTY	10128.40	-1.14%
NIFTY IT	12490.85	-0.99%
NIFTY PHARMA	8569.50	-1.10%
NIFTY FMCG	26448.05	-0.22%
NIFTY REALTY	294.00	-1.31%
BANK NIFTY	24129.50	-1.55%
INDIA VIX	16.34	+7.60%

FII/DII Activity as on 04 Apr, 2018 

FII/DII	Net Change (in Cr.)
FII	+335.18
DII	​​-152.55

Corporate Events​ & ​Results Corner

• Private sector lender, IndusInd Bank has received RBI's approval to buy the securities services arm of IL&FS.
  
• Digital infrastructure provider, Tata Communications will deploy 5000 smart gas metres for natural gas distribution company, Mahanagar Gas Limited in Mumbai.
  
• HC directs Cognizant to pay 15% of INR. 2800 Cr. DDT demand.