Market Action - This Week (27-July-20 to 31-July-20)
According to the monthly performances, among the Major sectors, IT has made a growth of 21.40%, where stocks like Infosys, Mphasis, Wipro, HCLTECH, etc are amongst the top performers. Pharma has also made an increment of 16.69%, where one can rely on stocks like Divis Lab, Alkem Laboratories, Aurobindo Pharma, etc. Chemical Sector has shown a growth of 8.86% where Deepak Nitrite, Alkyl Amines, etc are amongst the best buys.
Nifty opened at 11221 in the current week made a weekly high of 11341 and closed at 11073. Cash Market Benchmark Index Small Cap opened at 5023 in the current week and went upto 5081. Major players of the market, FII & PRO combinedly hold a net position of (-)65257 contracts as per yesterday’s Open Interest data. Nifty and Bank Nifty Trend indicate “Buy Bias” as on 31st July 2020. The market trend might switch to Sell-Bias or Buy swiftly.
The details of Nifty Open Interest are available on our app Value Stocks and website www.valuestocks.in.
Weekly performances of the markets worldwide are as follows, the US Index, S&P 500 opened at 3270 and closed at 3271. Hong Kong Benchmark Index, Hang Seng opened at 2474, went upto 25230 and closed at 24595. The Japan Benchmark Index, Nikkei opened at 22267, made a weekly high of 22836 and closed at 21710.
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Sector Performance as on 31st July
Small Cap Gainers as on 31st July
Small Cap Losers as on 31st July
Large Cap Gainers & Losers as on 31st July
Mid Cap Gainers & Losers as on 31st July
Research Team - Tel: 8336087004, write to us at firstname.lastname@example.org to give feedback.
1. The investment advice or guidance provided by way of recommendations, reports or other ways are solely the personal views of the research team. Users are advised to use the data for the purpose of information and rely on their own judgment while making investment decision
2. Past performance is not the guarantee of future performance.