Friday, August 28, 2015
WEEKLY EQUITY REPORT-24 Aug To 29 Aug 2015
INDIAN BENCHMARKS dropped sharply on weak global cues. The market logged declines in four out of five trading sessions in the week just gone by. The barometer index, the S&P BSE Sensex, fell below the psychological 28,000 mark.
The INDIAN BENCHMARKS Sensex tumbled 701.24 points or 2.50% to settle at 27,366.07 in the week ended 21 August 2015. The 50-unit CNX Nifty lost 218.60 points or 2.57% to settle at 8,299.95.
GLOBAL MARKET CHASE
ASIAN STOCKS fell early on Friday, following Wall Street, as fears took hold of a China-led deceleration in global growth.
U.S. STOCKS futures poised for a lower opening at the Wall Street on Friday.
EUROPEAN STOCKS fell to a seven-month low on Friday, tracking a drop in Asian equity markets after a survey showed Chinese factory activity contracted at its fastest pace since 2009.
Benchmark Treasury yields dipped to 2.04% with Australian bonds tracking the overnight gain in US debt. Asian stock markets retreated...
In the broader market, the BSE Midcap index was trading 108 points higher at 15,587 levels, while the BSE Smallcap index was trading at 15,...
INDIAN BENCHMARKS: SENSEX DOWN 51 POINTS, NIFTY 50 AT 8918 The market snapped two-day winning streak as profit booking drove equit...
The Indian market is likely to swing to global macro data and June quarter earnings of few public sector companies next week. Mond...