Post closing Report of Financial Market's 07/04/2021

 



MARKETS                                                                             .       

INDICES

COUNTRY

OPEN

HIGH

LOW

CLOSE

Nifty 50

INDIA

14716.45

14879.80

14649.85

14683.50

Bank nifty

INDIA

32529.70

33191.70

32141.55

32501.35

Sensex

INDIA

49277.09

49900.13

49093.31

49661.76

Nifty mid 100

INDIA

24096.05

24385.60

24037.80

24333.30

Nifty small 100

INDIA

9301.55

8426.90

8298.10

8414.35

SGX nifty

SINGAPORE

14907.00

 

 

 

Shanghai comp.

CHINA

3483.42

3483.42

3453.19

3479.63

KOSPI

KOREA

3137.25

3138.71

3122.09

3136.87

Nikkei 225

JAPAN

29675.88

29675.88

29516.442

29626.62

 

INDIA VIX (Volatility index) =20.24%

COMMODITY AND  CURRENCY INDEX                                                                        .  

CRUDE OIL PRICE / BAREEL 

RANGE US $ 62.10-63.20

DOLLER  $ 1 US = IN Rs.

RANGE  73.20-74.30 Rs

 

 

IMPORTANT ACTIVITIES                                                                 .       

 Today foreign institutional investors brought for Rs.227.42 Cr and Domestic institutional investors brought for Rs.381.08 Cr investments these financial actions made the market very Bullish.

 

The government of India has decided to give PLI scheme for AC and LED producing companies to promote the export of these products this has helped companies like Wipro, Voltas, and Blue Star, etc. 

Kamdhenu Ispath  is about to demerge their paint business which will be good for their business so we have to keep eye on the demerger the procedure of this company. 


Yesterday RBI meeting was held. RBI has set a goal of 10 % GDP growth in 2021 and the inflation-control target is between 2 %-6%. RBI has continued their financial help of 51560 Cr for Covid Emergency.

RBI will buy worth of Rs .1 Lakh Cr Securities of the Indian government in 2021-2022. in the first quarter, they have planned to Buy Rs.25000 Cr worth of government securities 

The government has decided to give PLI scheme for the solar panel as well so we have to keep our eyes on solar energy-related companies like TATA Power, GUJARAT Power, etc. IDFC FIRST BANK has declared growth in their Deposits and Revenue this has helped this particular stock to end in green  

 

IPO (intial Public offrings )  NEWS                                                                   

AB Capital is about to launch its IPO for Mutual Fund which is having a Valuation of 20000 to 25000 Cr. The official date is not yet declared

IPO Forthcoming Issues 

Company name

Price band

Issue size

Issue type

Open-close Date

listing

Macrotech Developers

483-486

2500 Cr

Book building

07 Apr -09 April

BSE,NSE

 

Today Barbecue nation stock got listed with a much-discounted price of 480-492 but after listing, it has hit the upper circuit so it helped investors.

IPO listings

Company name

Listing date

LTP

HIGH/LOW

List price

Barbecue Nation

07/04/2021

705.35

705-645

489-492

 

                                                           

 

THANK YOU.

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