Post closing Report of Financial Market's



MARKETS                                                                             .       

INDICES

COUNTRY

OPEN

HIGH

LOW

CLOSE

Nifty 50

INDIA

14747.35

14855.45

14601.70

14631.10

Bank nifty

INDIA

33112.40

33455.25

32663.40

32781.80

Sensex

INDIA

49360.89

49569.42

48698.08

48782.36

Nifty mid 100

INDIA

24109.70

24410.50

24032.70

24195.90

Nifty small 100

INDIA

8544.70

8645.10

8524.80

8565.10

 

INDIA VIX (Volatility index) =23.03

COMMODITY AND  CURRENCY INDEX                                                                        .  

CRUDE OIL PRICE / BAREEL 

4712

GOLD / 1 GM

46677

SILVER / KG

67823

 

DOLLER  $ 1 US = IN Rs.

74.05

EUR INR

89.32

GBP INR

102.61

JPY INR

0.68

AUD INR

57.43


IMPORTANT ACTIVITIES    (News)

                                                 .                                                                    


  

Today foreign institutional investors have sold 3465.07 Cr investment and Domestic institutional investors have brought for 1419.31 Cr, not even half of FII figures. we have seen 263 points market correction in nifty and HDFC and ICICI both have contributed more than 50 % of the market fall today. this is maybe due to sudden profit booking in the market we huge figure but still India Vix is comparatively stable so that we can able to assume this is a small market correction.


Despite FII were selling huge county DII pumping in huge capital which is gathered from mutual funds, India still have 6 -8 % of people invested in mutual funds opposite to that in countries like USA 60-70 % fund were get invested in mutual funds so there is still a huge market gap that can be get filled in next year and according to me this pumping of funds into the market will definitely help the market to sustain at their important level. the current situation is not good in India amid of covid 19 but companies were declaring good results are causing hopes in the india finicial market .


This surge in covid cases will definitely affect on sales numbers of companies so we have to be careful when they will declare Q1 results for 2021. due to trade relations
affected between China and India, all-metal indexes were up, but gold prices fell slightly.

 

Reliance industries will declare results today, but they were not out yet as The IndusInd bank came out with very good results as 190% rise to 876 cr and net interest income raised by 9 % to 3231.9 Cr. Now the whole world is helping India to fight the covid 19 pandemics. Samir sectarian appointed as new CEO of TCS as V Ramakrishnan retires. M&M will take the remaining stocks in MERU to take 100 % control.


Reliance industries have declared a 47.5% rise in sales to 3508 Cr. DR.REDDY’S share price raised by 2 % due to Albendazole tablet launch in the USA. TATA communication fell by 3% due to week Q4 numbers.



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