Weekend Stock Report, Top Stock Picks For The Week Ahead
January 4, 2019
indices recovered their two-day losing streak in a highly volatile trade in the
week-end, led by shares in banking and financial services.
BSE Sensex rose 181 points to 35,695.10 and the NSE Nifty50 Index climbed or 55
points to 10,727.35. For the most part
of the session, the indices were extremely volatile as the Nifty50 Index
fluctuated continually between gains and losses.
Infratel, Yes Bank, Vedanta and Tata Motors were among major gainers while HCL
Tech, Tech Mahindra and Infosys were top losers on the NSE.
the Nifty IT Index which declined 1.23 percent, all the sectoral gauges ended
higher led by the Nifty PSU Bank Index’s 2.32 percent gain.
in shares of IT companies led the Nifty IT index’s drop today, amid rise in
Indian rupee against USd. Tata Elxsi, MindTree, HCL Technologies, NII Tech, Tech
Mahindra, Infosys and TCS from the Nifty IT index were down in different extents
on the NSE.
PSU Bank rose 2.32% led by Syndicate Bank, PNB, Union Bank and OBC. Nifty Metal
also rose 1.40 percent led by Jindal Steel, Vedanta and JSW Steel.