WEEKLY EQUITY REVIEW: NIFTY WITNESSED A SLIGHT GAIN IN THIS WEEK AHEAD OF THE OUTCOME OF UNION BUDGET 2019

Last week, Nifty fifty registered a gain of 0.55%.During this Week , Nifty fifty stayed volatile and closed with slight positive notes by witnessed a gain of 0.18%. Nifty Fifty ended with positive notes on Monday thanks to the ease of the trade tensions between the US and China. Nifty closed with slight positive notes on Tuesday due to amid optimism ahead of Union Budget later this week. Nifty Fifty ended with flat positive notes on Wednesday as investors looked ahead to the Union Budget for further cues. Market traded with positive notes on Thursday as investors remained on the sidelines ahead of Union Budget. Nifty closed on a negative note on Friday, as market participants turned cautious post the outcome of Union Budget 2019 amid globally weakened markets. FMCG, Bank Indexes were the weekly gainers with a gain of 1.45%, 1.19% respectively whereas Metal , IT, Pharma, Energy, Auto, Realty, Media Indexes were the weekly losers with a loss of 4.30%, 2.42%, 1.72%, 1.42%, 1.00%, 0.95%, 0.65% respectively.

TOP STOCKS IN NEWS:

Dish TV surged 13.10% this week after a media report indicated that Airtel and private equity firm are likely to buy promoters' 57.99 percent stake in the company.

IndusInd Bank shares rallied 7.54 percent in this week after Japanese brokerage Nomura said it expects the stock to return 26 percent on growth in Bharat Financial Inclusion.

YES Bank share price has declined 18.94% in this week after global rating agencies such as UBS India and Moody's Investors Service downgraded the bank's ratings.

Godrej Properties slumped 7.49% this week amid market talk some investors, who got allotment in the company’s share sale exclusively to institutional investors last week, sold their holdings.