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Format No: RH/ETE/WR Revision No: 0
Date: 2 July 2012
For Week Ended
CEO’s Desk
Though market for the week started on a soft note, but later Nifty rallied and ended on a strong bullish bias. Overall for the week Nifty traded positively and closed at 7861, though Friday’s closing was negative but for the week market ended with a gain of 1.28%. for the week indices traded on a positive note, but sectors like Metals, energy, infrastructure and Banking were the major gainers. Resistance level for Nifty – 8056/8162 Support level for Nifty - 7717/7547
25,735.90 25,838.71
7,834.45 7,861.05
BSE Midcap 10,988.74 11,018.17
Capital Market Round-up
Index 21-Dec 24-Dec
Sensex
BSE Small cap 11,625.95 11,730.59
% Change
0.40%
0.34%
0.27%
0.90%
Nifty
24-Dec
Re / $ -0.48%
26,897.00 26,866.10
Market Indicators
Index 21-Dec
66.14 65.82
% Change
9.14%
-0.11%
Crude INR 2,297.70 2,507.74
Gold INR
24-Dec
Major Market Indices
Index 21-Dec % Change
Bankex 19,204.20 0.01%19,206.66
CG 14,081.12 1.15%
HC 16,436.51 1.76%
14,242.90
16,725.66
IT 11,050.92 -0.27%
Metal 7,289.15 1.61%
11,020.82
7,406.16
Oil & Gas 9,298.16 1.67%
Power 1,817.79 3.03%
9,453.77
1,872.83
Nikkei 18,916.02
Hang Seng 21,791.68
Global Market update
Index 21-Dec
Dow Jones 17,251.82
22,138.13
1.74%
-0.67%
1.59%
% Change
17,552.17
18,789.69
24-Dec
For the Week Ended 21-12-15 to 25-12-15
Market Commentary
Past Week, Sensex moved up by 0.40% and Nifty climbed up by 0.34%. Rupee appreciated by 0.48%.
Economy News
Corporate debt funds rise 3.2% during April-November. Read More
Number of highly leveraged companies jumps to 15.3% from 13.6%: RBI. Read More
RBI may revise gold bonds’ pricing mechanism to boost demand. Read More
Industry News
Indian Oil, Oil India signs MoU with Rosneft for Siberian oilfield. Read More
India pharma investors think small as US compliance woes hit heavyweights. Read More
Prestige Estates buys out Red Fort stake in two projects for Rs601 crore. Read More
Format No: RH/ETE/WR Revision No: 0
Date: 2 July 2012
Media Coverage
Coverage: The Financial Express (Online) 25 Dec, 2015
Topic: Investment options for 2016, which one to go for? Read More
Learning Centre
Tax Arbitrage
The practice of profiting from differences between the way transactions are treated for tax purposes.
The complexity of tax codes often allows for many incentives which drive individuals to restructure
their transactions in the most advantageous way in order to pay the least amount of tax. Some forms
of tax arbitrage are legal while others are illegal.
Source: Investopedia
Mr. Dattatreya B K Head of Research [email protected]
Mr. Timir Palan Sr. Financial Analyst [email protected]
Ms. Nibha Valsan Busines Analyst [email protected]
Right Horizons Research Team
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