Morning Release of 04 June, 2018.

Outlook

Nifty June series opened at the levels of 10765, but showed negative and closed with a change of -0.37% at the levels of 10696. Nifty is expected sideways to bearish with an immediate support of 10650-10638 and a support of 10738-10750.

Indian shares ended lower on Friday, weighed down by losses in financials stocks, such as, HDFC Bank Ltd., while gains in auto stocks including Maruti Suzuki Ltd. and Bajaj Auto Ltd. capped losses.

The broader NSE Nifty closed 0.37% lower at 10696.20, while the benchmark BSE Sensex was down 0.27% at 35227.26. However, both the indices ended the week 0.90% higher. HDFC Bank, the top drag on the indexes, lost 1.40%.

Top Gainers

Company Name	Close (in INR.)	% Change
BAJAJ-AUTO	2895.00	5.26%
MARUTI	8798.00​	3.05​%
BHARTIARTL	384.00	2.78%

Top Losers

Company Name	Close​ (in INR.)	% Change
BAJAJFINSV	5855.00	-3.10%
ONGC	172.80	-2.87%
EICHERMOT	29900.00	-2.86%

52 week High & Low

Company Name	Close​ (in INR.)	High or Low?
ASTRAL	1058.00	HIGH
DABUR	392.30	HIGH
ADANIPOWER	18.55	LOW
ABAN	135.05	LOW

Indices

Indices	Last Trade	% Change
NIFTY	10696.20	-0.37%
NIFTY IT	13558.55	-0.79%
NIFTY PHARMA	8213.20	-0.09%
NIFTY FMCG	28611.40	-0.70%
NIFTY REALTY	291.25	-1.25%
BANK NIFTY	26692.80	-0.98%
INDIA VIX	13.57	+2.63%

FII/DII Activity as on 01 Jun, 2018 

FII/DII	Net Change (in Cr.)
FII	-202.80
DII	+337.97

Corporate Events​ & ​Results Corner

• Tata Chemicals has completed the sale of its Haldia fertiliser unit in West Bengal and the trading business to Netherlands-based Indorama Holdings BV for INR. 872.84 Cr.
  
• Whirlpool India is set to expand the cooking and built-in appliance portfolio. The board of Whirlpool India on June 2 approved a proposal to enter into a strategic joint venture with Elica, and acquire 49% equity in Elica PB India.
  
• Ford India reported 11.42% rise in total sales at 26188 units in May against 23503 units in the same month last year.