Morning Release of 06 Apr, 2018.

Outlook

Gap up opening and dovish monetary policy dragged the market and helped to breach the 10300 level. The session wrapped up with a change of +1.94% at the levels of 10325.15. Nifty charts are showing a big bull candle indicating a sideways to positive move with an immediate resistance of 10369-10391 and support of 10280-10250.

Indian shares rose on Thursday, tracking global equity markets that recovered after fears of a Sino-U.S. trade war eased, with metal stocks, such as, Hindalco Industries Ltd. and banks, such as, ICICI Bank Ltd. among top gainers.

The Nifty Metal index climbed as much as 4%. Hindalco led gains on the NSE index, rising as much as 6.20%, and was set to snap four sessions of losses. Vedanta Ltd. gained over 5%, while Tata Steel Ltd. was up as much as 3.80%.

Top Gainers

Company Name	Close (in INR.)	% Change
HINDALCO	213.90	6.52%
VEDL	289.55	5.56%
SBIN	260.80	5.46%

Top Losers

Company Name	Close​ (in INR.)	% Change
CIPLA	560.00	-1.72%
BHARTIARTL	394.00	-0.27%

52 week High & Low

Company Name	Close​ (in INR.)	High or Low?
APOLLOTYRE	295.35	HIGH
BANDHANBANK	514.90	HIGH
BLUECHIP	0.05	LOW
BRFL	37.50	LOW

Indices

Indices	Last Trade	% Change
NIFTY	10325.15	+1.94%
NIFTY IT	12682.55	+1.53%
NIFTY PHARMA	8655.65	+1.01%
NIFTY FMCG	26676.45	+0.86%
NIFTY REALTY	301.70	+2.62%
BANK NIFTY	24759.80	+2.61%
INDIA VIX	14.79	-9.44%

FII/DII Activity as on 05 Apr, 2018 

FII/DII	Net Change (in Cr.)
FII	-108.02
DII	+615.28

Corporate Events​ & ​Results Corner

• Broadcasting and cable TV service provider, Den Networks plans to expand its internet services to 100 cities across India this year.
  
• Ashoka Buildcon has bagged INR. 760 Cr. worth projects from DVVNL for electrification work in Uttar Pradesh.
  
• Supreme Court has lifted a ban on sale of RCOM assets.