INDIAN EQUITY WEEKLY MARKET REPORT ON 21 DEC 2015 TO 26 DEC 2015

DALAL STREET face 

INDIAN BENCHMARK book sharp rally on Mint Street on positive global cues. The Sensex rose 1.90% while the Nifty rose 1.99% for the week ended December 18, 2015. 

GLOBAL MARKET chase 

ASIAN STOCKS fell on Friday in a session that turned volatile after the Bank of Japan announced it would maintain its massive stimulus programme's base money target while expanding the types of assets it purchases. 

U.S. STOCKS index futures poised for a lower opening at the Wall Street on Friday. EUROPEAN STOCKS fell on Friday, retreating from a one-week high reached in the previous session as supermarket group Casino lost more ground following a negative research note.

Week ahead 

In the coming week, Macroeconomic data, trend in global markets, investment by foreign portfolio investors (FPIs), the movement of rupee against the dollar and crude oil price movement will dictate trend on the bourses in the holiday shortened week ahead. India's stock markets will remain closed on Friday, December 25, 2015, on account of Christmas. 

Adani Ports and Special Economic Zone (APSEZ) and Asian Paints will replace Vedanta and Hindalco Industries from the 30-share S&P BSE Sensex with effect from Monday, December 21, 2015. On the political front, developments in winter session of the parliament will be closely watched. The winter session of the parliament concludes on Wednesday, December 23, 2015. Investors' focus is on whether the Goods and Services Tax (GST) constitutional amendment bill will be passed in the Rajya Sabha. The constitutional amendment bill for the implementation of GST, which subsumes all indirect taxes to create a unified market across the country, has been cleared by the Lok Sabha and is awaiting legislative passage in the Rajya Sabha. A constitutional amendment bill requires a majority of two thirds in the house for its passage. The BJP-led NDA has a comfortable majority in Lok Sabha, but lags in numbers in the Rajya Sabha. 

 

4 Common Active Trading Strategies

Get real time advice for Intraday Trading Tips , Share Market Tips  , Intraday Equity Tips , Stock Trading tips , Free Intraday Tips , Best Accurate Stock Tips , NSE Stock market Tips and all Maket Updates .