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The market closed the last day of financial year 2017-18 on a weak note Wednesday<br>after gains seen in previous two consecutive sessions, tracking global weakness. All<br>sectoral indices ended in the red barring IT. The Nifty below 10,150 levels on the day<br>of expiry of March futures & options contracts. We expect the Indian equities to<br>remain range bound in the coming sessions.
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Technical & Derivative Report 2nd April 2018 www.rudrainvestment.com
Daily Trading Bites NIFTY SNAPSHOT INDEX NIFTY 50 BANKNIFTY OPEN 10135 24300 HIGH 10158 24375 LOW 10106 24226 CLOSE 10142 24262 ADVANCE/DECLINE RATIO OPEN INTEREST AND VOLUME INDEX NIFTY INDEX NIFTY OI CURRENT 12910950 PREVIOUS 15440550 % CHANGE 0.84 ADVANCE 20 11 30 NIFTY VOLUME 124422 172547 0.72 BANKNIFTY OI 927200 86559 1383320 117632 0.67 0.73 UNCHANGED 0 BANKNIFTY VOLUME www.rudrainvestment.com
NIFTY GAINERS NIFTY LOSERS SYMBOL CMP % CHANGE SYMBOL CMP % CHANGE BHARTIARTL 397.85 3.71 WIPRO 283.40 3.41 TATASTEEL 570.65 3.28 BOSCHLTD 18200.00 2.90 VEDL 279.05 2.77 GAIL 330.00 2.82 ADANIPORTS 356.00 2.60 TECHM 637.10 2.49 RELIANCE 881.60 2.02 HEROMOTOCO 3534.00 2.00 www.rudrainvestment.com
FII ACTIVITIES ( RS. IN CRORE) Market News: L&T construction bags Rs 43.53 bn orders in transmission & distribution biz Tejas Networks bags Rs 336 cr deal from BSNL for BharatNet RIL’s subsidiary sells assets in Eagle Ford shale for USD 100 million (over Rs 650 crores) Lupin receives FDA approval for generic Clobex® Spray, 0.05% Kalpataru Power Transmission Ltd receives new orders of Rs. 901 crores FII GROSS PURCHASE GROSS SALES NET PURCHASE/ SALES 28-Mar-2018 27-Mar-2018 26-Mar-2018 10134.19 6108.80 4134.51 11324.74 5045.68 4875.66 1190.55 1063.12 741.19 DII ACTIVITIES ( RS. IN CRORE) DII GROSS PURCHASE GROSS SALES NET PURCHASE/ SALES 28-Mar-2018 9501.71 7541.04 1960.67 27-Mar-2018 5501.34 3328.63 2172.91 26-Mar-2018 6444.07 4426.12 2017.95 www.rudrainvestment.com
NIFTY WRAP CHART NIFTY Outlook The market closed the last day of financial year 2017-18 on a weak note Wednesday after gains seen in previous two consecutive sessions, tracking global weakness. All sectoral indices ended in the red barring IT. The Nifty below 10,150 levels on the day of expiry of March futures & options contracts. We expect the Indian equities to remain range bound in the coming sessions. www.rudrainvestment.com
Fortis Healthcare to demerge hospital division into Manipal Hospitals Fortis Healthcare’s hospital division will be hived off and merged with Manipal Hospitals apart from which it will sell a majority stake in its SRL Diagnostics unit to the same group. The transaction will lead to the listing of Manipal Hospitals as the largest hospital services provider in the country by revenue. The Fortis Healthcare board approved the transaction on Tuesday. Each Fortis Healthcare shareholder will get shares in Manipal Hospitals in the ratio of 10.83 for every 100 held. In the second part of the transaction,Manipal Hospital will buy a 50.9% stake in SRL Diagnostics from Fortis Healthcare and other private equity investors at a total equity valuation of Rs 3,600crore. This includes Manipal Hospitals buying a 20% stake from Fortis Healthcare and an additional 30.9% stake from private equity investors. www.rudrainvestment.com
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