WEEKLY EQUITY REVIEW: MARKET STAYED VOLATILE THIS WEEK

Nifty Fifty stayed volatile this week and ended with a gain of 1.13% over last Friday’s close. Market ended with negative notes on Monday due to weakness in global markets amid mixed earnings numbers for March quarter. Positive cues from global market has pushed the market on Tuesday. Equity market ended with negative notes on Wednesday owing to selling pressure seen in the Indian market. Market stayed positive on Thursday due to stable cues and recovered most of the losses seen in the week. Market ended with positive notes on Friday because of solid gains in Media, FMCG, Auto sectors. Sectorial Indexes like FMCG, Bank, Realty, Energy Indexes were in the gainer side with a gain of 2.05%, 1.41%, 0.54%, 0.29% respectively whereas Auto, IT, Media, Metal, Pharma Indexes were in the losers side with a loss of 0.09%, 0.67%, 1.69%, 2.27%, 5.54% respectively.

TOP STOCKS IN NEWS:

Tata global Beverages surged 18.81% in this week as Tata Global Beverages Ltd is acquiring all the branded food businesses from Tata Chemicals Ltd in an all-stock transaction.

Kotak Bank has reported a weekly gain of 5.16% because of the Bank reported a healthy operational performance with PPP at Rs 2,282 crore, up 13.1% YoY, on back of healthy NII growth & strong core fee income.

YES Bank slipped 18.43% in this week after India Ratings has downgraded the company's long-term ratings.

DISH TV witnessed a loss of 15.31% in this week as the Delhi High Court instructed the DTH operators from migrating any more Long Duration Pack (LDP) customers to the new tariff regime.

IDFC First bank has reported a weekly loss of 15.02% after the bank reported a loss of Rs 218.03 crore for the quarter ended March 2019