Market Report

Stock markets opened with lackluster trading on Friday but gathered pace towards closing hours and
wound up the day in the positive zone. The BSE S&P Sensex opened at 38,692, dipped to a low of 38,555
and then zoomed to 38,819. It finally settled at 38,767. At the National Stock Exchange, the NSE Nifty 50
closed 47 points up at 11,643 with all sectoral indices in the green. Sensex jumps 160 pts, Nifty settles at
11,643; FMCG, banking stocks rally
69.160.22

Index Close Change % Change

NIFTY 11643.45 46.75 .40
SENSEX 38767.11 160.00 .41
USDINR 69.16 0 .22 .31

The rupee appreciated by .22 paise to 69.16 against the US dollar Friday owing to increased demand for
the greenback from importers and banks. At the Interbank Foreign Exchange, the rupee opened on a weak
note at 69.04 then fell further to 69.16 against the US dollar, showing a decline of 12 paise over its previous
closing. The local unit, however, pared some losses and was quoted at 69.18 against the American currency
at 0941 hrs.

Commodities:
Commodity CMP Change %
Gold 31870 0.79
Silver 37215 0.37
Copper 451.6 2.16
Crude 4453 1.44

Global Markets

Europe: Asian Markets: American Markets:

FTSE 0.26% Nikkei 0.73% DJI 1.03%
CAC 0.31% SSE 0.04% NASDAQ 0.44%
DAX 0.54% Hang Seng 0.24%

 US stock market advance paused on Thursday as investors awaited first quarter earnings reports
of JPMorgan and Wells Fargo due today.
 European stocks extended gains on Thursday as investor sentiment was buoyed by ECB officials'
talk of more support for euro-zone economy. Both the EUR/USD and GBP/USD turned lower but are
currently higher.
 Asian stock indices are mixed today despite surprisingly strong Chinese export data. Nikkei
however ended 0.7% higher at 21870.56 with yen continuing its slide against the dollar. Chinese
markets are lower: the Shanghai Composite Index is down 0.04%
Top Gainers
Stock CMP Change%
GAIL 356.75 4.10
ITC 305.75 3.15
Maruti Suzuki 7342.85 2.16
CIPLA 554.85 1.84
ZEE Enter 418.15 1.76
Eicher Motors 21361.15 1.73
Adani Ports 385.65 1.63
AXIX Bank 764.35 1.60

Top Losers
Stock CMP Change %
Indiabulls 830.10 1.86
IOC 155.35 1.65
Bajaj finance 3008.80 1.28
Bharti Airtel 341.95 1.27
Larsen 1360.90 1.24

Sector Wise Analysis

Major News

 Maruti Suzuki India (MSI) Friday said its compact car Celerio sold 1,03,734 units in 2018-19,
joining the club of company's models with sales of more than one lakh units in a year.
 Banks are facing fresh challenges in mobilising deposits as their non-bank rivals are attracting
savers with higher returns on bonds.
 The Serious Fraud Investigation Office (SFIO) arrested former IL&FS Financial Services (IFIN) MD
& CEO, Ramesh Bawa in the case. This is the second arrest made by the investigation arm of the
Ministry of Corporate Affairs (MCA)
 Mukesh Ambani-led Reliance Retail is betting big on business-to-business (B2B) ecommerce with
a digital wholesale marketplace along the lines of China’s Alibaba for products such as
smartphones, televisions, garments, spices and soap, according to people aware of the plan.
 India's oil imports from Iran in February plunged by over 60 percent from a year ago to about
260,000 barrels per day (bpd) as New Delhi cuts imports under a sanctions waiver deal with
Washington, data compiled by Reuters showed.
 Patanjali Ayurved’s proposed acquisition of Ruchi SoyaNSE 4.32 % has reached the final stages
with the Committee of Creditors (CoC) meeting on Tuesday to clear the proposed deal, two
officials directly aware of the developments said.
 Consumers looking to buy Dettol antiseptic (brown) liquid and its rival brand Savlon found large
packs of the products missing from most brick-and-mortar stores and online marketplaces as an
expected regulatory clampdown has interrupted supplies.
 India's Mangalore Refinery and Petrochemicals Ltd plans to shut a 60,000 barrels per day (bpd)
crude unit and some secondary units for maintenance from mid-April for about a month
 The dedicated bankruptcy court has stayed its earlier order to allow the withdrawal of corporate
insolvency process of Sterling SEZ & Infrastructure, a firm owned by brothers Nitin and Chetan
Sandesara, believed to be abroad and running away from Indian law.