Nifty Outlook for 11 - 15 March

Nifty shuts above 11k, extends rally to 3rd consecutive week

For the week, Energy index surged by 3.3%, Infra index shot up by 3.2%, Bank Nifty gained by 2.6%, Private Bank index rose by 2.6%.

Markets extended their winning streak to third consecutive week as Nifty closed above the 11000 mark for the first time since September 2018. All the focus was once again on the broader space as the midcap and smallcap sector continued to outshine the benchmark indices. 
 
Sector wise, Energy index surged by 3.3%, Infra index shot up by 3.2%, Bank Nifty gained by 2.6%, Private Bank index rose by 2.6%, Realty index gained by 2.6%, Midcap 100 index was up by 2.5%, Auto index gained by 2%, FMCG index was up by 1.6%, Metal index was up by a percent, Pharma index edged higher by half a percent, 
 
On the other hand, Media index was the top loser during the week losing 3.2% followed by the IT index which fell by 2.7%.
 
Coming week promises to be full of action, as February consumer price inflation and the Jan IIP data will be released on March 12, while Feb WPI inflation data is scheduled to be released on March 14, followed by the trade balance data on March 15, 2019.

Disclaimer:

By accessing this app or any of its associate/group sites, you have read, understood and agree to be legally bound by the terms of the following disclaimer and user agreement: Stock trading is inherently risky and you agree to assume complete and full responsibility for the outcomes of all trading decisions that you make, including but not limited to loss of capital. none of the stock trading calls made by this app should be construed as an offer to buy or sell securities, nor advice to do so. All comments and posts made in this app are for information purposes only and under no circumstances should be used for actual trading. Under no circumstances should any persona this app make trading decisions based solely on the information discussed herein. I am not a qualified financial advisor and you should not construe any information discussed herein to constitute investment advice. It is informational in nature. You should consult a qualified broker or other financial advisors prior to making any actual investment or trading decisions. You agree not to make actual stock trades based on comments on the site, nor on any techniques.