FIIs Vs DIIs, Midcaps Takes & Eats The Cake

Apr 07, 2017 | 03:00 PM IST

Share Market This Week:

Market didn't leave any space for those investors who were waiting for the so called right time to enter in the market. Sensex and Nifty are tasting their highs and still looking much stronger as FIIs (Foreign Institutional Investors) are still occupying spaces in Indian market and DIIs (Domestic Institutional Investors) are on net seller side. The dominating run of the midcaps is still on. RBI policy was significantly stable as expected but the rise in reverse repo was really dynamic as banks will welcome the only change in FY17 first policy.

Stock Market Movers And Shakers:

NBFC’s are looking much stronger than earlier as price volume action of the stocks getting stronger and delivery based trading is picking the volume. Banks are consolidating at current levels as FY end quarter used to be flat for the banks. But with the government reforms, infra, Agri stocks, fertilizer stocks, autos are moving strong. Anti dumping on metals have boosted metal stocks. Steel trending high. Commodity space is much stable and stronger as of now.

Key Market Drivers:

Edelweiss Financial Services was too strong to find any resistance in the rally. Stock is touching its highs on daily basis irrespective of the market. Jamna Auto has recovered significantly. Talwalkar's Better Value Fitness have grabbed the attention of the investors by acquiring 50% stake in Force fitness. The stock rallied significantly in last week and still the run is on.

Events To Watch:

US air strike launched on Syrian airfield after horrific chemical attack. Global Worries are on. Now is the time to wait and watch the action that Russia would take on this attack. It looks like Mr. Trump has changed his stance on Syria after becoming President. Earlier he was frequently advising Mr. Obama to stay away from Syria as it may hurt the relations and business. But this was a U-turn.

Indian market would not be directly affected by this issue but there could be a sentimental impact on the stock market. This is the time to safe guard our investments.

Stocks To Watch:

Talwalkar's Better Value Fitness Ltd is on up side while Infosys is on down side.

 

ABOUT AUTHOR

Niveza Editorial Desk : We are a team of stock market nerds trying to stay ahead of the herd. We spend our grey cells everyday to pave a smooth road for our clients in the shaky world of stock market. While...
FULL BIO

LEAVE A COMMENT

RECOMMENDED READING

Sensex Loses Over 200 Points, Nifty Closes Below 10,250

Share Market News – 12 December 2017 The market opened on a negative note and continued to trade in negative due to selling pressure was seen on the upper level. During the afternoon session, selling pressure was seen. In
Read More>>

Market Bullish, Make Hay While The Sun Shines

Market This Week Market started on a negative note this week due to the panic caused by the Monetary policy. However, the RBI Governor kept rates unchanged and there weren’t
Read More>>

Free Research Report - Srikalahasthi Pipes Ltd

Srikalahasthi Pipes Ltd has a power generation capacity of 14.5MW, comprising of 12MW waste heat recovery of coke oven plant and 2.5MW captive power plant, which runs on blast gas furnace. Around 75% of the power requirement is internally met,
Read More>>

Earn Higher Profits With Intelligent Financial Planning

Money needs planning. If not planned well, money evaporates into the thin air without a trace. Have you ever wondered how rich people manage their high life and high expense? How do they afford to drive swanky cars, enjoy foreign vacations and yet
Read More>>

Stop! Read Before You Invest In These Trending Stock Market Tips

Various popular stock market news portals and TV channels discuss trending stocks and provide free tips but without in-depth research. We create well-researched equity analysis on these trending stock tips in a single place so you don't waste your
Read More>>