Weekly Stock Market Report and Next Week Analysis

Stocks were higher in the mid week but dropped down at the end. In the final hour Sensex dropped 98 points to 25301 and Nifty slided 33 points to 7749. Large losses were seen in realty and healthcare Stocks. Asian Markets finished higher with Hong Kong as a leading region. Hang Seng is up by 0.80% while China's Shanghai Composite is up by 0.66% and Japan's Nikkei is up by 0.54%. European market too were higher this week. Indian currency Rupee was trading at 67.44 against the US$ at the closing of the market. All the sectors traded red except S&P FMCG stocks which was up by 14.65. On the last day of week Gold drift down by 106 rupees to 29,691 rupees while Silver, Natural Gas and Crude Oil ended positive by 0.03%, 0.29% and 0.06% respectively. According to the experts prices of gold will be increasing. China is the first country making the highest investment in Gold. Agriculture minister is thinking of having the solution for getting out from the increased prices of pulses and other commodities. This week SEBI imposed a rule on Pnotes of making the KYC compulsory for the investors investing in PNotes. IDBI Bank looses 1736 crore rupees in its fourth quarter.


According to the market analysts, in the coming week the financial markets will be focusing firmly upon whether the US dollar will gain more or will hover around. The other data will be dependent on it.

SEBI Imposed Rule on P-Notes

On Thursday, SEBI made some strict rules for the investors investing in P-Notes. SEBI has made it compulsory to follow the rules of Anti Money Laundering. Now the investors investing in P-Notes have to give KYC. With this decision a stress will be seen on the short term market. However according to the experts this will be beneficial for the long term market.

A general question arrives in our mind is that actually What P-Notes are? To avoid that state here is the answer for the same. P-Notes means Participatory Notes which are the financial instrument for the foreign investors or Hedge Funds to invest in Indian securities. Dividend and the Capital Gain is given to underlying P-notes investor. Before, the person investing in p-notes was unknown for others, but from now he has to register himself in SEBI for further investing.

The outcome of this rule will be negative for the short term basis but will bring a positive impact for long term market. Negative impact can be the extrude of investors from p-notes investing. However this rule will bring into notice about blackmoney, money coming from underworld and fraud peoples. In India this is the first time strict rules made for the foreign investors. With the source of p-notes 2.23 lakh crore rupees were invested in the Capital Market in March this year.

Boom in Sensex-Morning Session Updates

On Monday business in Indian stock market was seen at higher pace. A healthy business is seen in all the sectors of the market. In initial half an hour Sensex zoomed over 300 points and reached to 25550 and thereafter nifty business above 7800 and now it's on 7828 points. NTPC, Bajaj Auto, HDFC twins and ITC are top gainers in Sensex.  Indian currency got increased with 3 paise in text with dollar. On Wednesday it was closed on 66.55. Forex experts says that Indian rupee can work in the range of 66.40-66.75. There was a downfall of 1.25 percent in Titan. Bank nifty was seen at very good state with increment of more than 0.58 percent. According to the experts there will be boom in diamond and gold sales on Akshaya-Tritiya. SEBI has expanded probe to Mallaya firms.

A site on market this week

Leading Stock exchange NSE said that it’s going to introduce a new scheme of weekly options contracts on Bank Nifty index from May 27. They have received an approval for the same from SEBI. These contracts will be made available for trading in future and options segment, this service will come in to effect from march 27.Sources says that Tata Steel may sell its UK assets to Excalibur Steel. Tata Steel UK employees may get offered 10 percent stake from Excalibur Steel. By the end of the week Tata Steel closed at Rs 329.45 which was down by 0.77%. In banking sector, private banks like HDFC Bank were reported with good earnings in their fourth quarter and other banks were having mixed and match numbers.Being cheaper ATF this year, the stocks of Aviation companies are continuing to move upwards regularly. The stocks of Jet Airways, Indigo and Spice jet have made a great jump of 300% this year. The fertilizer firm MCFL (Mangalore Chemicals and Fertilizers Limited) reported a net loss of about 5.78 crore in its fourth quarter. To promote Make In India, government has decreased the import duty on mobile accessories to 29 percent. For brands like Apple, it would be a tough competition as it is importing Ready-To -Sell products in India. According to the industry, smartphone companies will take their order back of increasing the prices of their products.  At the end of the week Sensex and Nifty were ended comparatively down. The Sensex closed at 25228.50 points this week and was down by 0.13%. And nifty stayed up at 7733.45 points having a tiny downfall of 0.03%.