Dear Reader,
We are now on Telegram! Get our latest views on stock markets and more, instantly. Join our Telegram channel here & LIKE OUR FACEBOOK PAGE.
Nifty & Sensex closed in DEEP RED for the Second day of the Financial Year, the Sensex closes at 27590 points; Nifty ends below 8,100.
Most Bank stocks suffered strong losses on April 3 after global brokerage Moody’s Investors Service changed the outlook for the banking system to negative from stable, underscoring the negative impact due to disruptions caused by the outbreak of COVID-19.
ICICIBank , AXIS Bank & IndusInd Bank were the top loser in the Nifty50.
India VIX falls 8.4% and ends at 55.
All sectoral indices on NSE closed in the RED except Pharma & FMCG.
Sun pharma claims to be the topmost gainer today and closes 376 , 9.5%up from the previous close.
The Indian rupee was edging lower on Friday and remains above 76 amid growing fears of a coronavirus inspired economic slowdown in India and globally.
In F&O Segment,EQUITAS, JINDALSTEL, NIITTECH, CHOLAFIN, MFSL, RBLBANK, SRTRANSFIN, BANDHANBNK, SRTRANSFIN tanks more than 10 percent.
Please See our Dashboard report below:
Nifty Trend:
| NIFTY 50 | Open | High | Low | Close |
| 3-Apr-20 | 8356.55 | 8356.55 | 8055.8 | 8083.8 |
BankNifty Trend
| NIFTY BANK | Open | High | Low | Close |
| 3-Apr-20 | 18325.05 | 18326.1 | 17143.2 | 17249.3 |
VIX Trend:
| INDIA VIX | Open | High | Low | Close |
| 3-Apr-20 | 60.05 | 60.59 | 54.9 | 55.02 |
Gold-Rate Trend:
| Gold Rate | 1 Gram | 1 Sovereign | Change in 1 Gram | Yesterday’s Rate |
| 3-Apr-20 | 3996 | 31968 | 23 | 3973 |
Sectorwise Change :
Read more here for detailed report on SECTORS – Indian Stock Market.
New 52Week Lows :
New 52Week Lows in Nifty50 Stocks : JSWSTEEL, EICHERMOT, MARUTI, SHREECEM
HH-LL Trade Setup:
The above levels are arrived based on Simplest Trading Strategy that works.
DAY HIGHLIGHTS :
- Fitch Cuts India GDP Growth Forecast To 30-Year Low Of 2% For FY21
- SINGAPORE totally shutdown for one month after 7th – APRIL Onwards.
- FPI holding limits for all listed stocks raised to sectoral caps
- Cipla Completes Phase-3 Clinical Study Of A Billion-Dollar Asthma Generic
- SEBI Bars Aptech, Managing Director From Securities Market On GDR Manipulation
- Trump Eyes Global Oil Output Cut of 10 Million Barrels a Day & Brent crude rises above $32 on hopes of oil output deal.
- SEBI Bars Aptech, Managing Director From Securities Market On GDR Manipulation.
- The intensity in the selling was massive, at levels not witnessed in the last 10 years
Please follow us for daily reports.
Check out the New Small Savings Interest rate Dashboard – Latest Interest rates & Historical Graph is available.