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Ants & Bees

Investments, LLP
Saturday, 04th September 2021
New High Again, Profit Booking Seems Around the Corner
Nifty 200 Top Weekly Gainers Nifty 200 Top Weekly Losers
Stocks CMP (₹) Change (%) Stocks CMP (₹) Change (%)
Vodafone Idea 7 21% Bank of India 59 -12%
Exide Ind 190 20% AU SFB 1,170 -9%
Prestige Estate 423 20% Endurance Tech 1,612 -5%
Havells India 1,430 16% New India Assur 161 -5%
Adani Power 103 15% Varroc Engineering 281 -4%

THE INDICES
Indian Indices US Indices Precious Metals Currency Energy Yield
Brent 10-Years
Dow Gold Silver
Date Nifty Sensex NASDAQ USD/INR Crude Bond
Jones (₹/10gm) (₹/kg)
($/bbl) Yield
03-09-2021 17,324 58,130 35,369 15,364 47,505 65,160 73.00 72.61 6.16
27-08-2021 16,705 56,125 35,456 15,130 47,556 63,751 73.50 72.70 6.25
Change 3.70% 3.57% -0.24% 1.55% -0.11% 2.21% -0.68% -0.12% -0.10

PSU Fin Private


Realty Metal Pharma FMCG Auto Bank Media IT
Bank Services Bank
10.8% 4.1% 3.9% 3.8% 3.6% 3.5% 3.4% 3.4% 3.2% 2.9% 1.7%

The Indian indices made record highs one after another in the week and closed at their all -
time highs on Friday. The market rejoiced over Fed commentary and global market
support. The market started this week strongly, took a breather in the middle and bou nced
back again at the end. On the weekly basis, the Nifty 50 and Sensex clocked 3.70% and
3.57% gains in their all-time high journey. On the sectoral front, all the indices ended in
black while the Nifty Realty outperformed with double -digit gains. The IT sector came
last with a 1.69% rise, due to a correction in the dollar value and profit booking after a
sudden jump. The auto industry witnessed a chip shortage pressure which showed in their
August sales numbers. The PV sales were not encouraging but, the commercial vehicle
sales were robust as the transporter increasing their fleet as the business activity resumed
in the country, and they can pass on the fuel price hike to the clients.

Top News Are:


• India accounted for 20.1% GDP growth in Q1 FY22. The numbers were better than
the market expectations of 20%. The August month's GST collection at ₹1.12 lakh
crores remained above the ₹1 trillion marks.

• The FIIs and DIIs turned their position inverse as FIIs bought net ₹6,868 crores in
equity cash, while the DIIs sold ₹1,421 crores worth of investment.

• The Indian Rupee appreciated nearly 0.68% against the USD as the dollar index
corrected 0.56% in the week after the Fed's commentary.

The volatility index INDIAVIX surged 8.5% in the week amid the buying pressure in
the market. The street showed an upbeat move in the week and continued the
momentum till the end of the week. The technical charts are showing strength and
indicating continued upside, however, the recent sharp rise can also lead to prof it
booking in the coming week. On the derivative front, the maximum Call open interest
was recorded at 18,000 followed by 17,300 whereas the maximum Put open interest was
recorded at 17,200 followed by 17,000 for the upcoming week.

Corporate Office: 1 Ants & Bees


H-1405, Mahalaxmi CHS, Worli, Mumbai 400030
Branch Office: Investments, LLP
3rd Floor, Mansoori Plaza, 109 Metro Pillar, Shyam Nagar, Jaipur 302019 info@anbwealth.com
+91-9602949230 +91-9166011305
Ants & Bees
Investments, LLP
THE GLOBAL MARKETS
The markets around the world ended in green except the Dow
from the US and FTSE from the UK which declined 0.24% and
0.14%. The Nasdaq and S&P 500 on the other side, made record
highs sequentially. The Nasdaq clocked 1.55% gains, while the
Nikkei came first with 5.38% growth in the index.

Top News Are:


• The jobless claims in the week came pandemic low at 340k,
lower than the market expectation of 345k. However, the
Friday job report was not encouraging as the US reported
lower than expected job additions, which led to a 74 points
correction in Dow Jones while the S&P 500 ended slightly
negative.

• The market is floating on the positive news, however the rate hike fear, early bond
tapering program and rising Delta virus variant cases increased the risk.

Stocks to watch out for in the next week


• BLUEDART CMP ₹6,320.00
• MCX CMP ₹1,598.15

Last week’s stocks performance


• MCDOWELL-N +7.42%
• AUROPHARMA +6.43%

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Have a nice and safe weekend…

Regards,
Ants & Bees Investments

Corporate Office: 2 Ants & Bees


H-1405, Mahalaxmi CHS, Worli, Mumbai 400030
Branch Office: Investments, LLP
3rd Floor, Mansoori Plaza, 109 Metro Pillar, Shyam Nagar, Jaipur 302019 info@anbwealth.com
+91-9602949230 +91-9166011305

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