Equity Daily
Equity Daily
Equity Daily
MARKET SUMMARY
THE 30-SHARE BSE WAS DOWN 183.75 POINTS AT 28155.56 AND THE 50-SHARE NSE NIFTY
FELL 67.60 POINTS TO 8724.70. FOREIGN INSTITUTIONAL INVESTORS PARED THEIR EQUITY
HOLDINGS IN FRONTLINE INDIAN COMPANIES DURING THE DECEMBER QUARTER, WITH
MARKET WATCHERS BLAMING THE TREND ON DEMONETISATION. AGGREGATE STAKE OF FIIS
IN THE 50 COMPANIES IN THE NIFTY INDEX FELL BY 70 BASIS POINTS TO 29.1 PERCENT
DURING THE DECEMBER QUARTER, FROM 29.8 PERCENT IN THE PRECEDING QUARTER. THIS
IS THE LOWEST HOLDING BY FIIS IN NIFTY COMPANIES SINCE THE JUNE QUARTER OF 2015.
MARKET UPDATE
BUY ESCORTS ABOVE 416 TARGETS 420, 424, 428 STOPLOSS 408
:
BUY GRUH ABOVE 387 TARGETS 391, 395, 399 STOPLOSS 379
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SECTORIAL INDICES
4
3
% CHANGE
2
1
0
-1
-2
-3
-4
-5 % CHANGE
INDEX
FII/DII ACTIVITY
CURRENCY UPDATE
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