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 Green, the later surges 1,028 points; Nifty ends FY19-20 near 8,600.
Sensex was up 1,028.17 points or 3.62% at 29468.49, and the Nifty was up 316.65 points or 3.82% at 8597.75.
India VIX falls 10%. All sectoral indices on NSE closed in the green.
BPCL surges 13.5% and ends at 312 , claims to be the topmost gainer in Nifty today.
Indian Rupee Extends Losses After Moody’s Downgrades GDP and trading at 75.28 against the US dollar.
In F&O Segment, IndusIND Bank & Yes Bank tanks more than 10%.
Market mood upgraded from Extreme fear to Fear Zone.
Shares of IndusInd Bank plunged 15 per cent following a recent conference call.The bank in a conference call indicated that 10-11 per cent of its deposits (nearly Rs 22,000 crore) have seen outflows since December quarter.
BSE Midcap and Smallcap indices rose 2.5 percent and 3 percent respectively.
Please See our Dashboard report below
Nifty Trend
| NIFTY 50 | Open | High | Low | Close |
| 31-Mar-20 | 8529.35 | 8678.3 | 8358 | 8597.75 |
BankNifty Trend
| NIFTY BANK | Open | High | Low | Close |
| 31-Mar-20 | 19307.65 | 19466.3 | 18792.4 | 19144 |
VIX Trend
| INDIA VIX | Open | High | Low | Close |
| 31-Mar-20 | 71.89 | 71.89 | 63.61 | 64.49 |
Gold-Rate Trend
| Gold Rate | 1 Gram | 1 Sovereign | Change in 1 Gram | Yesterday’s Rate |
| 31-Mar-20 | 3960 | 31680 | 8 | 3952 |
Sectorwise Change :
Read more here for detailed report on SECTORS – Indian Stock Market.
New 52Week Lows :
New 52Week Lows in Nifty50 Stocks : Bajaj Finance & Eicher Motors
Nifty 52Week High:
HUL
HH-LL Trade Setup:
The above levels are arrived based on Simplest Trading Strategy that works.
DAY HIGHLIGHTS :
- Morgan Stanley expect banks to reduce deposit/lending rates. The lower rates, with slower growth, will impact margins over the next few quarters
- Metal stocks shine after rise in China factory activity
- Cyient has received clearance for its Mysore facility to run its MedTech manufacturing lines to support the production of medical equipment that is critical in the fight against COVID-19.
- Modified rail coaches to provide 3.2 lakh isolation beds: Railways
- Arcelor to develop 3D printed ventilator prototype.
- No extension of financial year, clarifies government
Please follow us for daily reports.
