Friday, February 7, 2020

STOCK FUTURE WEEKLY SUMMARY

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"  THIS WEEK TOTAL 10 CALLS GIVEN IN THAT  ONLY 2 CALL IN LOSS OTHER 8 CALLS BOOKED WITH  NET PROFIT OF 43741 TRADING WITH 2 LOTS ONLY "
On Friday, the last trading day of the week, the stock market came to a halt for four days. Today the market beginning with a fall &  closed also on downtrend. The Sensex closed at 41141 down 0.40 % At the same time, the Nifty has managed to close at the level of 12086  with a weakness of  0.42 % . On the other hand, IT, metal, pharma, media and FMCG indices managed to close on the green mark .In this week Sensex has seen the worst start to a calendar year, as a slowdown in the economy, outbreak of the coronavirus in China, subdued corporate earnings and disappointment from the Budget weighed on sentiments on the Street. the first 30 sessions of the year, Sensex was up merely 0.12%t in this year, which was the second worst in last five years, next to the 5.74 % drop seen in 2016. BhartiAirtel has been the runaway gainer in 2020 till now, jumping 20 % after the company raised funds to pay its massive statutory dues. Concerns over its rival Vodafone Idea’s sustainability has also helped the stock as it stands as major beneficiary if the Voda Idea collapses.Among other gainers in the pack are HUL UP 12%, UltraTech Cement 10 %, Bajaj Finance 10 % &  Nestle India 10 %.while, ONGC has down 17 %,. IndusInd Bank  down 12 % & ITC  down10 % have been among the big losers year to date.
LOSERS-ITC,TCS,ZEEL,INFOSYS,CIPLA,HEROMOTOCO
GAINERS-JSW,TITAN,VEDL HINDALCO,ICICIBNK,HDFC

UPCOMING RESULTS-GAIL,MRF,HINDALCO,BHEL, NATIONALUM


2 comments:

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