Friday 8 February 2019

WEEKLY CONCISE


This was a week of huge volatility. Nifty started a journey of the week with 10814 and land up with 10943.6  marginal gain of 0.46%. Few of the sectors which played a crucial role in Positive bias are the Services Sector, IT, Pharma, Gold, Banks. Most of the other Sectors were in Red. 

 NIFTY stocks which report the good profit for the week are Zee, Bharati Infratel, Tech Mahindra, Bajaj Auto on good No.s, Titan Eicher, Hero Motocorp, Kotak Bank, UPL Etc. 

Stocks Fall on the last day in the last 30 minutes on the expectation of Inflation and tepid Growth. Sell off tanks Smal n Mid-caps very badly. 

Inflows in Equity Mutual Funds are consistently declined on the 3rd straight months by around 6.8% compared to the last month flow including ELSS category of around 6158 Cr. Liquid Fund inflow has increased in good shape. 

 Most of the PMS in has been whipping and almost big names like Basant Maheshwari, Quantum, Motilal Oswal, Enam, Alchemy, Karma, Aequitas, Equity Intelligence, Aditya Birla Money are down by 10 % to 6%in single Month. 

So many companies like HEG, COAL INDIA, ONGC buy backing shares from the open market. 

Tata Motors Write off non-cash worth 27000.00 cr and that makes a TATA MOTORS down by 17%. 

Bharat Petroleum reports a surprise profit. Pnb Reported the same surprise to the street. 

SBI MF added few stocks like Tata Power, Sbi, Axis Bank, ITC Reliance Industries in their portfolio. 

Overall the week was mixed. 




2 comments:

  1. Good initiative... slight improvement in Grammar will make it brilliant commentary

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