Right Horizons – Weekly Market Report [02-10-2017 to 07-10-2017 ]

Right Horizons – Weekly Market Report [02-10-2017 to 07-10-2017 ]

Equity Market Update: Indian equities reversed the negative trend seen in the past two weeks. S&P BSE Sensex and Nifty 50 rose about 2% each. The market was mainly driven by a rally in the shares of metal and oil & gas firms, and as investors took comfort from the RBI’s projection of acceleration in growth in the second half of fiscal 2017-18.   Debt Market Update : Government bond prices ended down in the week as sentiment took a hit as reports of the government considering a stimulus package…

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Right Horizons – Weekly Market Report [11-09-2017 to 15-09-2017 ]

Right Horizons – Weekly Market Report [11-09-2017 to 15-09-2017 ]

Equity Market Update: Indian equities bounced back strongly after the previous week’s losses. S&P BSE Sensex and Nifty 50 gained 1.9% and 1.5%, respectively. The market was boosted earlier by broad-based buying amid receding concerns over the impact of hurricane Irma.   Debt Market Update : Government bond prices weakened during the week mostly owing to domestic cues. Yield of the 10-year benchmark 6.79% 2027 paper settled at 6.60% on September 15 as against 6.54% on September 8. Prices remained range bound at the start of the week as market…

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Right Horizons – Weekly Market Report [04-09-2017 to 09-09-2017 ]

Right Horizons – Weekly Market Report [04-09-2017 to 09-09-2017 ]

Equity Market Update: Indian equities bounced back strongly after the previous week’s losses. S&P BSE Sensex and Nifty 50 gained 1.9% and 1.5%, respectively. The market was boosted earlier by broad-based buying amid receding concerns over the impact of hurricane Irma.   Debt Market Update : Government bond prices weakened during the week mostly owing to domestic cues. Yield of the 10-year benchmark 6.79% 2027 paper settled at 6.60% on September 15 as against 6.54% on September 8. Prices remained range bound at the start of the week as market…

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Right Horizons – Weekly Market Report [28-08-2017 to 01-09-2017 ]

Right Horizons – Weekly Market Report [28-08-2017 to 01-09-2017 ]

Indian Equity—Weekly update: Indian equity indices ended in the green for the third consecutive week. S&P BSE Sensex and Nifty 50 rose about 1% and 1.2%, respectively. Sentiments were primarily boosted after weaker-than-expected domestic economic growth data raised hopes that the Reserve Bank of India (RBI) would cut interest rates at its next policy meeting in October.     Indian Debt—Weekly update: Government bond prices ended higher. Yield of the 10-year benchmark 6.79% 2027 paper settled at 6.48% on September 1 as against 6.54% yield on August 24. Bonds rose…

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Right Horizons – Weekly Market Report [21-08-2017 to 25-08-2017 ]

Right Horizons – Weekly Market Report [21-08-2017 to 25-08-2017 ]

Indian Equity—Weekly update: Indian equity indices carried on with the past week’s positive trend. S&P BSE Sensex and Nifty 50 rose about 0.2% each. Buying interest in shares of healthcare, banking and metal counters supported the market. S&P BSE Healthcare, S&P BSE Bankex and S&P BSE Metal were the topmost sectorial gainers – up around 2.2%, 1% and 1%, respectively.   Indian Debt—Weekly update: Government bond prices weakened, with the yield on the 10-year benchmark 6.79% 2027 paper settling at 6.54% on August 24, compared with 6.51% on August 18….

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Right Horizons – Weekly Market Report [14-08-2017 to 18-08-2017 ]

Right Horizons – Weekly Market Report [14-08-2017 to 18-08-2017 ]

Indian Equity—Weekly update: Indian equity indices recovered the previous week’s sharp losses. S&P BSE Sensex and Nifty 50 rose 1% and 1.3%, respectively. The market was mainly boosted by bargain buying amid easing worries over tensions between the US and North Korea.   Indian Debt—Weekly update: Government bond prices ended down, but off intraweek lows. Yield of the 10-year 6.79% 2027 paper settled at 6.51% on August 18 as against 6.50% on August 11. Prices weakened in the first session of the week after government data indicated a rise in…

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Right Horizons – Weekly Market Report [ 07-08-2017 to 11-08-2017 ]

Right Horizons – Weekly Market Report [ 07-08-2017 to 11-08-2017 ]

Indian Equity—Weekly update: Key benchmark indices registered strong losses on weak global cues amid escalating tensions between the US and North Korea. The S&P BSE Sensex fell 317.14 points or 1.01% to settle at 31,213.59. The Nifty 50 index declined 109.45 points or 1.11% to settle at 9,710.80. The S&P BSE Mid-Cap index fell 0.2%. The S&P BSE Small-Cap index lost 0.04% Resistance for Nifty:- 9710.30                                          Support for Nifty:-9608.15 Indian…

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Right Horizons – Weekly Market Report [ 31-07-2017 to 04-08-2017 ]

Right Horizons – Weekly Market Report [ 31-07-2017 to 04-08-2017 ]

Indian Equity—Weekly update: The S&P BSE Sensex settled almost unchanged for the week ended Friday, 4 August 2017 while the Nifty 50 index clocked modest gains. Both the Sensex and the Nifty registered record closing highs on Tuesday, 1 August 2017. The Sensex rose 15.53 points or 0.04% to settle at 32,325.41. The Nifty advanced 51.90 points or 0.51% to settle at 10,066.40. The S&P BSE Mid-Cap index rose 0.7%, outperforming the Sensex. The RBI said that on the basis of an assessment of the current and evolving macroeconomic situation,…

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Right Horizons – Weekly Market Report [ 24-07-2017 to 28-07-2017 ]

Right Horizons – Weekly Market Report [ 24-07-2017 to 28-07-2017 ]

Indian Equity—Weekly update: The Nifty breached the psychologically important 10,000-mark for the first time. Both the Sensex, and the Nifty, attained record high levels. The Sensex rose 280.99 points or 0.65% to settle at 32,309.88. The Nifty 50 index advanced 99.25 points or 0.78% to settle at 10,014.50. Broader market trailed large caps. The S&P BSE Mid-Cap index jumped 0.95%. The S&P BSE Small-Cap index rose 0.49%. Resistance for Nifty:- 10026.25                                  Support for Nifty:-…

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Right Horizons – Weekly Market Report [ 10-07-2017 to 14-07-2017 ]

Right Horizons – Weekly Market Report [ 10-07-2017 to 14-07-2017 ]

Indian Equity — Weekly update: Key benchmark indices hit a record high with the BSE Sensex conquering the psychologically significant 32,000-level as a drop in June retail inflation data sparked hopes of a rate cut by the Reserve Bank of India. During the week, the Sensex surged 660.12 points or 1.60 % to settle at 32,020.75. The Nifty 50 index advanced 220.55 points or 1.72 % to settle at 9,886.35. Resistance for Nifty:- 9698.85                                …

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