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If you are able to know how to invest in the stock market then you can always get good profits from the market. You have to get in hold of a good website where you can get to find many useful information of the market. If you fail to find the right time to invest in the market then you might have to lose all your money. You cannot just invest your money in the stocks and lose it. You need to know that it takes quite a long time to understand the market well. You also need to know about the working and functioning of the different concepts of the market so that you can clear all your doubts in the market. 

If you fail to understand the market then you would be solely responsible for all your losses that you incur in the market. In case you feel that you have understood the market well then you can surely reap profits from your invested cash in the stocks. So try to gather as much knowledge as possible by reading books on stock market or even watching the business news. In thus way you can know the market scenario and the right time to invest in the market. You should get to know the proper timing when to invest.

Do not be impatient

You might have seen people who lose their money investing in the stocks. One of the main reasons why they fail in the market is that they do not have enough patience when they invest in the market. You need to have good patience when it comes to investing in the market so that you remain on a much safer side. You should also not try to get influenced by your ignorant friends to invest in the market. They do not have any good knowledge of the market and they try to invest blindly. In such cases you have to lose your money investing in the wrong stocks. So the more research you make in the market, the more knowledge you can gain in the market. You have to get to know about the past performances of the different stocks in the market so that you can get the one that would help you in getting some good profits from the market. You can also get to know about the online stock trading where buying and selling of stocks is done all online. This type of trading is very popular because it helps in saving a lot of your time and money. 

Plan your decisions accordingly

You have to make your decisions very carefully and you should also try to determine which types of investments would be profitable for you. You have to know the advantages of both long term and short term investments. If you are ready to invest in the short term investment then you can go for day trading. But you should know that there are some investors who feel this type of trading to be very risky. So you should know all the important information of day trading. You would be glad to find that you have invested in the right stocks. You might lose some of your money in the market but this should not let you feel down. You should try to have good confidence on yourself and try to know what went wrong in the previous stocks that you incurred losses in the market.

Visit genuine websites

You have to make sure that you try to visit genuine websites so that you do not fall prey to websites that might try to rob off your money. You can have a look at the comments or feed backs of the different visitors so that you can know which would be the best website. You should try to put your best foot forward in order to reap the ultimate benefits from the market.

Thus you have to know the proper timing when to invest. If you are able to get the right time to invest then you would not have to worry about anything regarding your investments in the market.

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Events to watch this week

• Trump agenda tougher sell after Comey firing

• Macron cruises to French presidency

• South Korea elects new president

• Volatility touches multi-decade lows

• IMF expected to rejoin Greek bailout

The Week ahead:

• China reports retail sales and industrial production data on Monday, 15 May

• US industrial production is released on Tuesday, 16 May

• Japan releases its Q1 gross domestic product figures on Wednesday, 17 May

• The United Kingdom releases its April retail sales report on Thursday, 18 May

For the week,Global equities were little changed on the week amid presidential elections in France and South Korea and fresh political turbulence in Washington. The yield on the US 10-year Treasury note, at 2.34%, saw scant net change on the week. West Texas Intermediate crude oil firmed modestly, to $47.50 a barrel from last week’s $45.50.

NIFTY- 9,400.90
CRUDE OIL-Rs 3,062 barrel
GOLD-Rs 28,015 gram
Rs/$-Rs 64.31

MARKET ROUND UP 
Key equity benchmark indices registered strong gains in the week ended Friday, 12 May 2017. The barometer index, the S&P BSE Sensex and the Nifty 50 index scaled record highs on the back of domestic and global cues. 
The market sentiment was boosted by chief of the India Meteorological Department (IMD) reportedly commenting that India may likely receive higher monsoon rainfall than previously forecast. A good monsoon would positively impact rural incomes which in turn could give a boost to mass consumption sectors like FMCG, two-wheeler industry etc. A substantial part of the country derives income from agriculture and allied sectors. 
The Sensex rose 329.35 points or 1.1% to settle at 30,188.15. The Nifty 50 index advanced 115.60 points or 1.24% to settle at 9,400.90. 

The BSE Mid-Cap index rose 0.92%, under performing the Sensex. The BSE Small-Cap index advanced 1.12%, outperforming the Sensex. 

Macro Economic Front: 
On the Economic Front,the government will announce industrial production data for the month of March 2017 after market hours on Friday, 12 May 2017. The data on inflation based on consumer price index (CPI) or retail inflation for April 2017 will also be announced after market hours on that day.

The data on inflation based on wholesale price index (WPI) for April 2017 is also slated to release after market hours on Friday, 12 May 2017. India's trade data for the month of April 2017 is scheduled on Monday, 15 May 2017.

Major Action &Announcement:
Asian Paints declined 1.21%. The company's consolidated net profit rose 10.4% to Rs 462.22 crore on 8.9% rise in revenue from operations to Rs 4416.23 crore in Q4 March 2017 over Q4 March 2016. The result was announced after market hours on Thursday, 11 May 2017.

TCS advanced 1.86%. The company announced that it has opened its first Drones Research Lab in the US at its Seven Hills Park Innovation center located in Cincinnati, Ohio to address the rapidly expanding demand for unmanned aerial vehicles and business solutions across industries. The announcement was made after market hours on Friday, 5 May 2017.TCS announced that South Africa's Mercantile Bank successfully transformed its banking operations with TCS BaNCS Digital. The announcement was made during market hours on Wednesday, 10 May 2017.

Power Grid Corporation of India (PGCIL) was down 1.32%. The company said that Department of Telecommunications, Ministry of Communications, Government of India has granted unified license dated 2 May 2017 to the company with national long distance and internet service provider-category A service authorizations for providing telecom services. The license is valid for 20 years. The announcement was made during market hours on Tuesday, 9 May 2017. 

Lupin rose 0.29%. The company issued clarification to the media news after market hours on Tuesday, 9 May 2017. The company said that recently its Aurangabad facility underwent an inspection by the USFDA. The inspection was completed on 26 April 2017, subsequent to which, the USFDA issued Form 483 citing eight observations. The company is in the midst of putting together a response to address the observations. 

DrReddys Laboratories declined 0.66%. The company's consolidated net profit rose 175.37% to Rs 337.60 crore on 5.32% decline in net sales to Rs 3498.50 crore in Q4 March 2017 over Q4 March 2016. The result was announced during trading hours on Friday, 12 May 2017. 

Tata Motors was up 2.54%. Tata Motors Group global wholesales including Jaguar Land Rover (JLR) declined 4% to 73,691 units in April 2017 over April 2016. The announcement was made during market hours on Wednesday, 10 May 2017.

Global Front: 
In Overseas Markets,centrist candidate Emmanuel Macron won the French presidential election with about 66.1% of the votes, against 33.9% for rival Marine Le Pen. The victory on Sunday, 7 May 2017 for the 39-year-old Macrona staunch supporter of the European Union is likely to placate anxious global market investors, who have fretted for weeks that far-right candidate Le Pen would win and make good on promises to yank France out of the EU, potentially unsettling the eurozone and world markets.
The International Monetary Fund said Asia's economic outlook faces significant uncertainty and downside growth risks from any sudden tightening in global financial conditions or rise in protectionist trade policies. The IMF, which in April raised its 2017 Asia-Pacific growth forecast to 5.5% from its previous October forecast of 5.4%, said loose monetary and fiscal policies across most of the region would underpin domestic demand. India's growth is expected to rebound to 7.2% in the FY 2018 and 7.7% in FY 2019 after disruptions caused by demonetization, the IMF said.

Global Economic News:

Legislative calendar grows more challenging for Trump
President Donald Trump’s health care reform and tax cut agenda have faced significant legislative headwinds for some time, but those headwinds stiffened considerably after the president removed from office embattled Federal Bureau of Investigation director James Comey. Measures that require a 60-vote majority in the 100-seat United States Senate will be extremely difficult to enact given the charged political environment. Republicans, with 52 senators, hold a slim majority.

Macron outperforms expectations
Centrist Emmanuel Macron was expected to easily beat right-wing populist Marine Le Pen in the second round of the French presidential election, but his margin of victory proved to be even larger than expected. Macron received 66% of the vote to Le Pen’s 34%. He must now forge a governing majority in the National Assembly, with two-round parliamentary elections scheduled for 11 June and 18 June.

South Korea’s president aims for warmer North Korea relations
Newly-elected South Korean president Moon Jae-in took office on Wednesday and vowed to resolve the security crisis on the Korean peninsula as soon as possible, including by traveling to Pyongyang, under the right conditions. On the economic front, Moon is expected to push for the reform of South Korea’s conglomerate system, as well as to seek higher corporate taxes.

Greek bailout may secure IMF backing
Concerns over the sustainability of Greek debt have caused in the International Monetary Fund to bypass the past several rounds of funding for the indebted Euro zone member. But the IMF looks likely to rejoin the bailout in the weeks ahead, and continues to push European authorities to grant Greece debt relief. An agreement is expected at a meeting of Euro group finance ministers on 22 May.

US consumer perks up
US retail sales expanded at the fastest rate in three months in April, while prior months’ data were revised higher. Strong labor markets and modestly rising wages are supporting consumption. Consumer prices in the US remain subdued, rising 0.2% in April after falling 0.3% in March. Core CPI rose 0.1% in April, and was up 1.9% versus a year ago.

Bank of England leaves policy untouched, lowers outlook
The Bank of England left interest rates unchanged at their rate-setting meeting on Thursday but the Monetary Policy Committee slightly downgraded its economic growth forecast for 2017 to 1.9% from an earlier 2% outlook. Governor Mark Carney allowed in a press conference that the BOE “has not modeled” for a disorderly Brexit process. Carney also said that if the Brexit process goes smoothly, the Bank may need to hike interest rates faster than the market expects.

GLOBAL CORPORATE NEWS

VIX bounces from 24-year lows
Volatility, as measured by the Chicago Board Options Exchange Index (VIX), fell to its lowest level since 1993 this week amid unusually calm equity trading conditions. The VIX, at 10.6 on Friday morning 12 May, is running at roughly half of its twenty-year average, according to Reuters. Analysts are struggling to explain the unusually placid market environment, with one well-known pundit this week pinning the blame on social media. The VIX slipped as low as 9.7 on Monday 8 May.

As of 11 May, with 457 of the S&P 500 companies having reported, earnings are expected to increase 14.7% in Q1 versus a year ago. Excluding energy, earnings are expected to grow 10.4%. Revenues are expected to grow 7.3%, or 5.3%, excluding energy. The next-twelve-months P/E ratio is 17.8%, according to Thomson Reuters I/B/E/S.

NEW 52-WEEK HIGH BSE (A):

NEW 52-WEEK LOWS BSE (A):

MAJOR WEEKLY GAINERS IN BSE A CATEGORY(%):

MAJOR WEEKLY LOSERS IN BSE A CATEGORY:

Eyes will be set on the certain US economic data releases are: 
Monday (15May)
Housing Market Index
Tuesday (16 May)
Housing Starts 
Wednesday (17May)
MBA Mortgage Applications
Thursday (18May)
Jobless Claims
Friday (19May)
No Major Data

Fundamental Pick of the week:
Buy Majesco Ltd For Target Rs. 556.00 

STOCK IN FOCUS 
* Majesco’s stock rose by 2.4% yesterday, while the BSE Sensex was flat. While the company reported a disappointing 4QFY17, with revenue down 6.2% QoQ in USD terms, we believe underlying industry fundamentals and the key IBM partnership will enable Majesco to boost revenue growth in FY18E.

* Under-penetrated and significant market opportunity, highly rated products - Total addressable market for Majesco stands at ~US$ 25bn. Within this, the addressable market size for the US P&C market stands at US$ 9.25bn.
Majesco has also developed products for the L&A market; of the total estimated addressable market of US$25bn for Majesco, around US$15-16bn relates to the L&A market. We currently have a target price of Rs 556 on the stock.

TECHNICAL VIEW:

NIFTY began the session on lifetime- high tracking positive cues from Asian markets, but later index remained sideways during the day. Finally, after oscillating in 9,451-9,411 range, NIFTY closed the day at 9,422 mark with gain of 15 points.NSE Cash segment reported turnover of Rs25,387crore as compared to Rs24,298 crore earlier.Overall market breadth remained negative, where 672 stocks advanced against 986 declined stocks.Mixed trend was observed across all the sectoral indices during the day, where Media index emerged as a top gainer with the increase of 3.4% respectively. However, none of the sectoral indices reported loss of more than 0.5%

Bank Nifty made high of 22977 doing our target of 22940 and now holding 20700 we can move towards 23110.Bearish only below 22500. Hope traders are Enjoying this wonderful ride we are having in market. Dance till the music lasts. Bank Nifty finally closed below 22700 suggesting bulls are near the gann angle support holding the same we can again see an upmove towards 23000/23110.Bearish below 22500 for a move towards 22350/22100

Conclusion: 
Indian equity market following a breather in the last week regained its upward journey. With the statement from IMD that projected a normal monsoon provided the required impetus to push Nifty to pierce 9450 mark for the first time ever. Post a big rally, the market invariably faces a hurdle in the form of resistance at higher levels. This is a normal phenomenon in a bull market, which was very much in play during this week’s trade. In addition, Friday sell-off led by Banking stocks saw markets giving away some of the gains. Yes Bank, ICICI Bank and Axis Bank stocks declined sharply on wide divergence between reported NPA and RBI assessed NPA. Pharma stocks remained under pressure as earnings continue to disappoint with latest Glenmark results reporting a wide miss on estimates.

Interestingly, BankNifty under performed against the benchmark index, and was the main reason for slowdown in index action post the breakout session on Wednesday. Furthermore, records kept tumbling on indices even as the global market rally and an historical low VIX contributed towards the gains.

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Events to watch this week

• Payroll rebound boosts June Fed rate hike chances
• Macron poised to win French presidential election
• Brexit battle lines harden
• European growth picks up

The Week ahead:

• The French presidential election takes place on Sunday, 7 May
• China reports foreign exchange reserves on Sunday, 7 May
• China reports its trade balance on Monday, 8 May
• ECB president Mario Draghi addresses the Dutch parliament on Wednesday, 10 May
• The Bank of England meets to set interest rates on Thursday, 11 May
• The US reports retail sales and its Consumer Price Index on Friday, 12 May

For the week,Global equities extended their gains this week against a backdrop of improved economic growth, particularly in Europe. Slumping commodity prices may prove worrisome down the road, however, with the price of West Texas Intermediate crude falling to nearly a six-month low, ending the week near $45.50, down from $49.00 last Friday. The yield on the US 10-year Treasury note rose modestly, to 2.35%, up 4 basis points on the week. Volatility, as measured by the Chicago Board Options Exchange Volatility Index (VIX), held steady near 10.

NIFTY- 9,285.30
CRUDE OIL-Rs 2,970barrel
GOLD-Rs 28,070 gram
Rs/$-Rs 64.38

MARKET ROUND UP

Key indices settled with small losses as profit booking emerged after indices hit record highs in the recent past. The Sensex settled below the psychological 30,000 mark after regaining that mark during the week. The Nifty had hit record closing high on 4 May 2017.

Key indices had posted decent gains on 4 May 2017 that saw Nifty scaling record closing high on that day after witnessing listless trade in first two sessions of the week. However, drop on the final session of the week tracking weak global stocks caused indices to wrap the week with minor losses.

The market fell in two out of four sessions in truncated trading week. The market remained closed on Monday, 1 May 2017, on account of Maharashtra Day.

The Sensex declined 59.60 points or 0.19% to settle at 29,858.80. The Nifty 50 index skidded 18.75 points or 0.2% to settle at 9,285.30.

The BSE Mid-Cap index dropped 0.54%. The decline in the index was higher than the Sensex's drop in percentage terms. The BSE Small-Cap index shed 0.1%. The decline in the index was lower than the Sensex's fall in percentage terms.

Macro Economic Front:

On the Economic Front,data released by Markit Economics during market hours on 4 May 2017 showed that the rate of increase in Indian service sector activity weakened in April 2017. The headline seasonally adjusted Nikkei Services PMI Business Activity Index was down at 50.2 in April, from 51.5 in March.

Market Economics in a press release issued during market hours on 2 May 2017, said that manufacturing conditions in India improved for the fourth straight month in April. However, the headline Nikkei India Manufacturing Purchasing Managers' index (PMI) remained unchanged at 52.5 in April as in March.

Meanwhile, the combined index of eight core industries comprising nearly 38% of the weight of items included in the Index of Industrial Production (IIP) stood at 202.9 in March 2017, which was 5% higher compared to the index of March 2016. The data was released by the government on 1 May 2017.

Major Action &Announcement:

Tata Steel was down 3.53%. The company announced that Tata Steel UK has completed the sale of its speciality steels business to Liberty House Group for a total consideration of 100 million pounds. The announcement was made during market hours on 2 May 2017.

Housing finance major HDFC rose 0.61%. The company's net profit fell 21.58% to Rs 2044.20 crore on 7.7% decline in total income to Rs 8514.51 crore in Q4 March 2017 over Q4 March 2016. The result was announced during market hours on 4 May 2017.

ONGC dropped 1.56%. ONGC Videsh, a 100% subsidiary of ONGC announced that it has encountered exciting result in its well Mariposa-1 which is under drilling in CPO-5 block of Colombia. ONGC Videsh is the operator of the block and holds 70% participating interest and Amerisur Resources holds the remaining 30%. The announcement was made after market hours on 4 May 2017.

TCS gained 2.11%. The company said it has been selected by one of Europe's largest utilities companies Vattenfall-to provide IT services across multiple European operations including Swedan, Germany and the Netherlands. The announcement was made after market hours on 2 May 2017. The managed services agreement is a multi-year partnership in which TCS will be responsible for the development and maintenance of a large number of applications.

Wipro rose 0.88%. The company announced that it has joined Enterprise Ethereum Alliance (EEA) as a founding member. EEA is a collaboration of enterprises to promote, develop and implement enterprise grade Ethereum based blockchain applications across industries for specific business use cases. The announcement was made after market hours on 4 May 2017.

ICICI Bank surged 7.2%. The stock was the biggest gainer from the Sensex pack. The bank's net profit jumped 188.5% to Rs 2024.64 crore on 10.8% decline in total income to Rs 16585.76 crore in Q4 March 2017 over Q4 March 2016. The result was announced after market hours on 3 May 2017.

Hero MotoCorp gained 1.38%. The company's total two-wheeler sales declined 3.5% to 5.91 lakh units in April 2017 over April 2016. The two-wheeler industry witnessed heavy retail off-take towards the end of March 2017 in view of the transition from BS III to BS IV vehicles. The announcement was made on 1 May 2017.

Maruti Suzuki India rose 1.88%. The company's total sales rose 19.5% to 1.51 lakh units in April 2017 over April 2016. Domestic sales grew by 23.4% to 1.44 lakh units in April 2017 over April 2016. Exports declined 29.4% to 6,723 units in April 2017 over April 2016. The announcement was made on Monday, 1 May 2017.

Global Front:

In Overseas Markets,the US Federal Reserve on 3 May 2017, left monetary policy unchanged, as expected, and indicated it remains on track to deliver two more rate increases by year-end. The Fed said that it would not change its interest rate target this month. However, the Fed also stated that a recent economic slowdown was transitory, fuelling hopes among investors for future rate rises.

China's service sector expanded at the slowest pace in nearly a year, a private gauge showed on 4 May 2017, pointing to possible softness in the sector. The Caixin China services purchasing managers' index slipped to 51.5 in April--the lowest since May 2016--from 52.2 in March, Caixin Media Co. and research firm Markit said.

China's nationwide factory activity expanded at a slower pace in April, with a private gauge falling to a seven-month low. The Caixin China manufacturing purchasing managers' index dropped to 50.3 in April from 51.2 in March, indicating a slower expansion of activity, Caixin Media Co. and research firm market said on 2 May 2017.

Global Economic News:

Nonfarm payrolls rebound
Friday’s US employment report was fairly upbeat, with 211,000 added to payrolls in April versus a downward revised 79,000 in March. The unemployment rate fell to a 4.4%, a 10-year low, though average hourly earnings were restrained, rising a less-than-expected 2.5%. The report paves the way for likely rate hikes from the US Federal Reserve at its June meeting. The Fed earlier this week held rates steady but said weakness in the US economy in the first quarter was likely transitory.

Macron holds formidable lead ahead of Sunday’s vote
Thirty-nine-year-old centrist Emmanuel Macron, seeking elective office for the first time, looks poised to win the French presidency on Sunday. He leads right-wing populist Marine Le Pen by an average of 20 points in opinion polls. The same polls proved quite accurate in the election’s first round, and showed that Macron bested Le Pen in Wednesday’s head-to-head debate. If Macron wins, as expected, two-round parliamentary elections in June will be critical for his fledgling En Marche! party, which will have to cobble together a working majority to allow Macron to govern effectively.

UK–EU divide widens ahead of negotiations
Explosive media reports this week documenting a meeting on 26 April between Prime Minister Theresa May and European Commission president Jean-Claude Juncker show just how far apart the two sides are before Brexit negotiations begin in earnest. While the United Kingdom hopes to negotiate the terms of its divorce from the European Union and its future trade relations in parallel, the EU has made clear that exit terms must be well on their way to being ironed out before it will entertain trade talks. Also in dispute is how large a bill the UK will have to foot to exit the EU. Numbers as high as €100 billion were floated in the media this week. Prime Minster May will lead her party into elections on 8 June, so the public spat with the EU this week comes at a fortuitous time for her, as it plays well to the anti-EU faction of the UK electorate.

European economy kicks into gear
Economic growth in the Eurozone grew at an annualized pace of 1.8% in the first quarter of 2017, outstripping US growth, which was an anemic 0.7% annualized rate over the same period. Purchasing managers' indices reported this week suggest that European growth might be accelerating further.

Health care reform bill emerges from US House
After months of Republican infighting, a bill to repeal and replace Obamacare emerged from the US House of Representatives this week. The bill will likely face a stiff challenge in the Senate, where lawmakers will attempt to fashion a bill under the so-called reconciliation rule that won’t require 60 votes for consideration. A Senate vote on the measure is expected to be some months away.

GLOBAL CORPORATE NEWS

Largest-ever US municipal bankruptcy for Puerto Rico
Puerto Rico filed for a form of bankruptcy this week. The territory is weighed down by approximately $75 billion in debt, making the filing the largest in US history. Detroit’s $9 billion filing held the previous record. A decade-long recession, a shrinking population and a dramatically underfunded pension system forced the territory to seek protection from creditors.

As of 3 May, 357 of the 500 constituents of the S&P 500 Index have reported earnings for the first quarter. Earnings are expected to increase 14.2% from a year ago. Stripping out energy, earnings growth is 10%. Revenues for the quarter are expected to increase 7.2%. Ex energy, they are seen up 5.3%. The next-twelve-months earnings estimate for the S&P 500 is 17.7x.

NEW 52-WEEK HIGH BSE (A):

NEW 52-WEEK LOWS BSE (A):

MAJOR WEEKLY GAINERS IN BSE A CATEGORY(%):

MAJOR WEEKLY LOSERS IN BSE A CATEGORY:

Eyes will be set on the certain US economic data releases are:

Monday (08May)

Labor Market Conditions

Tuesday (09 may)

NFIB Small Bussiness

Wednesday (10May)

MBA Mortgage Applications

Thursday (11 May)

Jobless Claims& Fed Balance Sheet

Friday (12May)

Consumer Price Index

Fundamental Pick of the week:

Buy Hindustan Unilever Ltd For Target Rs.1,020.00

Derivative Ideas

* Hindustan Unilever Limited (HUL) is an Indian consumer goods company based in Mumbai, Maharashtra. It is owned by Anglo-Dutch company Unilever which owns a 67% controlling share in HUL as of March 2015 and is the holding company of HUL. HUL's products include foods, beverages, cleaning agents, personal care products and water purifiers.

* On the charts, it has marginally retraced from its 52-week high i.e. 954 and has formed a fresh buying pivot after consolidating in a narrow range.The chart looks upbeat from hereon and we believe that the prevailing momentum will continue ahead as well and expect of making a new record high soon.

TECHNICAL VIEW:

As expected Nifty consolidated and traded in a narrow range of 107 points throughout the week but hits new all time high by 10 points on the back of strong up-move in Banking stocks like ICICI Bank and PSU banks as the new ordinance to resolve the bad loans kept the sector in momentum. The result season was mixed with strong performance from ICICI Bank, HDFC, and Marico while muted results from Biocon, Bharat Finance, Dabur and JSW Energy.  Core sector output rose by 5% in March, recovering from the one-year low growth rate of 1% in February keeping the industrial segment in focus. Global markets also remained flat as FOMC kept the interest rates unchanged, hinting at hikes in the next meeting in June. Commodities continued to remain under pressure with dollar index trading at sub 100 levels.

 Nifty has ended flat down by 0.3% after hitting a new all time high at 9377 reversing the entire week gains on Friday to close at 9,285 levels.  There was sharp profit booking in high beta sectors and stocks during the week. Metals, Energy and Auto declined by 4.1%, 2.8% and 1.5% respectively, while IT and Bank Nifty gained by 1.4% and 1%, respectively for the week. CNX Midcaps and Small cap ended flat to negative after hitting an all time high. 

Conclusion:

We continue to believe markets would consolidate and also expect some correction to fill the gap level which was left near 9,225 levels. It could head for large correction if 9,000 gets broken on the downside as it is a very important level placed since the start of the up move from January 2017.  The option data also continues to suggest a strong support at 9000 with an OI of 50 lakhs shares in put options. On the upside 9400 has the highest OI of 55 lakhs shares in call options.  

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Nowadays you would find that people wish to get themselves involved in extra or part time activities that help them to earn some extra bucks apart from their business or office work. There are some sections of people who try to get involved in the shares and stocks. If you are too willing to invest in the stock market then you should know that you have to understand the different concepts that are associated with the market. There might be times when you would find that you have lost all your money even after getting the right type of research of the market. This is because stock market is full of risks and if you are someone who cannot handle risks in the market then you should not invest in the stock market. There might be times when you would get huge profits from the investment made in the stocks. So here you would be glad to have chosen the right stocks for you in the market. You have to make sure that unless you have all the knowledge of the market, you should not try to invest all your money in the market. So efforts should be taken in order to know how to go for winning your cash in the stock market. 

Can stock market be predicted?

Well you would find some people who try to make some prediction on the stock market. But you should know that one can never predict the stock market. There are some experts who try to make some guesses on the different stocks with the help of fundamental and technical analysis. But here too their prediction is not 100% correct. So you have to make sure that you do not try to make any prediction of the market. There are also some investors who try to have a look at the past performances of the different stocks. But you should know that the performances of the stocks always changes and so you cannot know whether the stock that have shown good performances in the past would continue to do the same today. Therefore the best thing that you can do in order to keep updates of all the latest information of the market is to watch the daily business news or read the daily newspaper. In this way you can keep good track of the market. Well you can also have a look at the stock charts or tables where you would come to know about the positions of the different stocks in the market.         You can also get good knowledge of the stocks by visiting different websites that gives updates on the market and its conditions.

Try to understand your investment goal

You should also try to know which type of stocks would be beneficial for you. There are both profitable and non profitable stocks that you can find in the market and so you need to know how to differentiate between these two types of stocks in the market. You have to decide whether to go for long term or short term investment in the market. If you feel that it would be more profitable for you to go for short term investment then you can go for day trading. But before you wish to go for this type of trading you should know the amount of risks that are involved. So you have to keep both your eyes open and look for the best profitable income by investing in the best stocks from the market.

Gain good confidence

Gaining good confidence from the market is very important in order to get the right type of stocks in the market. Even if you wish to go for online share trading then you should make sure that you have all the knowledge on how to buy or sell stocks and also how to select the best stocks for you from the market. If you happen to commit a small mistake then you would have to lose all your money. Thus you should always try to know how to go for winning your cash in the stock market. 

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Do you know that even a wrong attempt in choosing the non profitable stocks from the market might make you lose all your invested money in the market? Well, it is quite important to get the right type of stocks from the market by making the best research of the different stocks present in it. It is also important to make or decide all your investment in the stocks without any help from your friends as they might provide you information that is not right or outdated. So in this case you have to be very positive when you look forward to get the best type of stocks from the market. When you feel that the conditions of the stock market are not good then you should try to wait for a certain period of time and then invest in the share market accordingly. You should also be able to look at the past performances of the stocks so that you can have a good idea on the best stocks that you would be able to make the best income. If you are not ready to incur any loss or take any sort of risks then you should not try to invest in the market. This is because you need to know that the stock market is always full of risks and so there might be times when you find that you have got good amount of money and again in the course of time you would find that there was very heavy loss in your investment. Due to this unpredictability nature most of the people do not dare to invest in the stock market. Thus in order to make yourself more knowledgeable you need to get the proper information of the stocks and then try to invest in the stocks according to your requirement in the market.  Having the proper updates of the market can help you remain confident in the stocks and you would be able to get the best benefits out of it. You can also get to find stock charts that help you to look at the current positions of the different stocks. So in this case you should try to gather good knowledge on how to find the right stocks by researching the stock charts?

Try to research the stocks online

If you are not knowledgeable about the market then it would be quite difficult for you to get the best stocks from the market. You can also try to make a good insight into the market by knowing the past performances or history of the different stocks in the market. If you try to make any prediction then you would not be able to get hold of the stocks from the market. So in this case you have to know that unless you are quite clear of the stock market you would not be able to get the right type of profit. So in order to play safe in the stock market you need to find out whether you are willing to invest for your long term or short term. So you need to act accordingly in the market and make the right type of profits from the shares and stocks. Never try to make any mistakes in the market as it would ruin you financially and make you lose the entire amount of money that you have invested in the different stocks.

Put your best efforts in the market

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Events to watch this week

• Trump may nominate Yellen to second term

• Geopolitical tensions rise

• Four candidates in French presidential mix

• Fed chair: Economy healthy now

• Canadian central bank head warns on house prices

The Week ahead:

• China reports GDP, retail sales and industrial production on Monday, 17 April

• The United States releases industrial production data on Tuesday, 18 April

• The eurozone releases its consumer price index on Wednesday, 19 April

• The Fed’s Beige Book is published on Wednesday, 19 April

• The United Kingdom reports retail sales data on Friday, 21 April

• US existing home sales data are released on Friday, 21 April

For the week,Global equities dipped this week with the intensification of geopolitical jitters over rising tensions on the Korean peninsula and the possibility of a stronger US commitment to oust Syria’s Russian-backed leader Bashar al-Assad. A safe-haven bid pushed the yield on the US 10-year Treasury note down to its lowest point of the year at 2.25%. Oil prices continued their rebound, with West Texas Intermediate crude rising to $53.25 from $52 a week ago. Volatility, as measured by the Chicago Board Options Exchange Volatility index, jumped to 16 from 12.8 last week.

NIFTY- 9,150.80
CRUDE OIL-Rs 3,423 barrel
GOLD-Rs 28,418 gram
Rs/$-Rs 64.41

MARKET ROUND UP 
Indian equity markets registered modest losses in the week ended Thursday, 13 April 2017, weighed by weak global cues. The barometer index, the S&P BSE Sensex lost 245.16 points or 0.82% to settle at 29,461.45. The Nifty 50 index fell 47.50 points or 0.51% to settle at 9,150.80. 

The BSE Mid-Cap index rose 0.82%. The BSE Small-Cap index advanced 1.36%. Both these indices outperformed the Sensex. 
Domestic bourses remain shut on Friday, 14 April 2017, on account of Dr. Baba SahebAmbedkarJayanti and Good Friday. 
Sentiment in global markets remained subdued during the week as investors were cautious amid geopolitical tensions in Syria and North Korea. US Secretary of State Rex Tillerson met with the Russian counterpart Sergei Lavrov to discuss the civil war in Syria and nuclear capabilities of North Korea. In recent days, the trading mood has been dented by heightened geopolitical tensions. 

Key benchmark indices suffered modest losses on Wednesday, 12 April 2017, amid volatile session of trade ahead of the release of key domestic economic data later in the day. The Sensex fell 144.87 points or 0.49% to settle at 29,643.48, its lowest closing level since 10 April 2017.

Key benchmark indices wrapped the trading week with moderate losses on Thursday, 13 April 2017, as sentiment was subdued after domestic data showed that industrial production contracted in February and consumer price inflation edged up in March. The Sensex declined 182.03 points or 0.61% to settle at 29,461.45, its lowest closing level since 28 March 2017. 

Macro Economic Front: 
On the Economic Front,industrial production declined 1.2% in February 2017 over February 2016, snapping 3.3% growth recorded in January 2017. The manufacturing sector's production dipped 2% in February 2017, mainly contributing to the dip in industrial production. 

The inflation based on consumer price index (CPI) increased to 3.81% in March 2017 (new base 2012=100), compared with 3.65% in February 2017. The CPI and IIP data was announced after market hours on Wednesday, 12 April 2017. 

Major Action &Announcement:
BhartiAirtel was down 1.15%. The company said its DTH arm Airtel Digital TV launched Internet TV India's first hybrid STB, powered by Android TV, which brings the best of online content to the TV screen along with a bouquet of over 500 plus satellite TV channels. The announcement was made during market hours on Wednesday, 12 April 2017.

Tata Motors declined 3.22%. The company said group global wholesales including Jaguar Land Rover rose 9% at 1.29 lakh units in March 2017 over March 2016. Global wholesales of all Tata Motors' commercial vehicles and Tata Daewoo range fell 6% at 42,596 units in March 2017 over March 2016.

Maruti Suzuki India lost 2.79%. The company said its total production rose 10.29% to 1.53 lakh units in March 2017 over March 2016. The announcement was made after market hours on Friday, 7 April 2017. 

L&T fell 0.5%. The company said the power transmission and distribution business of L&T Construction has won its single largest order in the Middle East from their esteemed customer Kahramaa' - Qatar General Electricity & Water Corporation - for its ongoing Qatar Electricity Transmission Network Expansion Plan-Phase XIII. 

NTPC declined 1.85%. The company said that Bangladesh India Friendship Power Company (BIFPCL), a 50:50 joint venture company between NTPC and Bangladesh Power Development Board (BPDB) has achieved financial closure on 10 April 2017 to set up 1320 megawatts (MW) (2 x 660 MW) coal based Maitree Super Thermal Power Project at Rampal in Bagerhat District of Khulna division, Bangladesh. The announcement was made during market hours on Tuesday, 11 April 2017.

Infosys slumped 5.08%. The company said that consolidated net profit as per International Financial Reporting Standards (IFRS) fell 2.8% to Rs 3603 crore on 0.9% decline in revenue to Rs 17120 crore in Q4 March 2017 over Q3 December 2016. The result was announced before market hours on Thursday, 13 April 2017.

Wipro lost 3.27%. The company said it has completed the acquisition of Brazilian IT service provider InfoSERVER. The impact of the buyout will reflect in the financials of the company from the Q1 June 2017, it added. The announcement was made after market hours on Tuesday, 11 April 2017.

Reliance Industries (RIL) fell 2.93%. RIL's subsidiary, Reliance JioInfocomm (Jio) announced that the Jio Summer Surprise has been fully withdrawn, following the advice of Telecom Regulatory authority of India (TRAI). The announcement was made after market hours on Tuesday, 11 April 2017.

Global Front: 
In Overseas Markets,China's consumer inflation rebounded slightly in March after slipping to a more than two-year low in the previous month, official data showed. China's consumer price index increased 0.9% in March from a year earlier, compared with a 0.8% gain in February, the National Bureau of Statistics said.

Japan's current account surplus stood at 2.81 trillion yen ($25.26 billion) in February, finance ministry data showed, the biggest surplus since March 2016. The result is the 32nd straight month of current account surpluses. This February's current account surplus was the largest on record for February.

Meanwhile, industrial production in the eurozone dropped unexpectedly in February from the month before, led by falling energy output, the European Union's statistics agency said. Output of the eurozone's factory, mines and utilities decreased by 0.3% from the month before, but rose by 1.2% from February last year, Eurostat said.

Global Economic News:

Trump shifts tone
US president Donald Trump sounded decidedly more moderate than he did during last fall’s campaign in an interview with the Wall Street Journal on Wednesday. The president reversed course on multiple fronts. First, Trump said he may nominate US Federal Reserve Board chair Janet Yellen to a second term after saying last fall that she was "toast" and he would replace her at the end of her term. He also reversed his opposition to the US Export-Import Bank, which finances US exports. Critics cite the bank as an example of “corporate welfare.” Additionally, the president shifted gears on NATO, saying the alliance is no longer obsolete because it has begun to fight terrorism. Finally, Trump said the United States will not label China a currency manipulator, thus breaking another campaign vow. The reversal may represent an attempt to entice China to increase pressure on North Korea to abandon its nuclear program.

North Korea, Syria in spotlight
Tensions continued to mount on the Korean peninsula as the North Korean regime threatened a nuclear strike in response to any US aggression. North Korea is believed to be trying to develop intercontinental ballistic missiles capable of reaching the US mainland. This week, the US navy dispatched a carrier task force to the western Pacific in a show of force, while Chinese president Xi Jinping said that China is committed to the denuclearization of the Korean peninsula. President Trump called on China to do more to rein in its nuclear-armed neighbor, saying if China won’t help, the US could act alone. Meanwhile, the US and other G7 nations continue to pressure Russia to abandon its support of Syria’s Bashar al-Assad in the wake of last week’s chemical weapons attack on Syrian rebels which led to a cruise missile strike on a Syrian airbase by US forces.

Poloz: House prices can go down as well as up
Bank of Canada governor Stephen Poloz warned of the growing role of speculation in the recent acceleration in Toronto-area house prices. The central banker said that prices had accelerated from percentages in the high teens to the 30% zone, adding there is no fundamental story that can explain the rise. “I think it is timely to remind folks that prices of houses can go down as well as up,” he said. Poloz also said that further rate cuts in Canada are no longer on the table.

EM debt issuance boomed in Q1
Borrowers in emerging markets raised a record $181 billion during the first quarter of the year. Corporates raised $119.1 billion, beating the Q1 2013 record, while sovereigns raised $61.5 billion, topping the year-ago quarter by over $16 billion, according to data from J.P. Morgan. Total emerging market debt rose to $55 trillion in 2016, equal to 215% of the collective GDP of emerging nations.

GLOBAL CORPORATE NEWS

Four contenders vie for two spots in French runoff
For months, there have been three candidates in contention for the two spots in the second round of the French presidential election. Marine Le Pen, the populist firebrand, has consistently led recent polls, trailed closely by centrist Emmanuel Macron. François Fillon, hampered by an ethics scandal, has held the third position most of the time. Now a fourth candidate, leftist Jean-Luc Mélenchon, has entered the fray and is in a virtual tie for third place with Fillon. The conventional wisdom is that Le Pen will be beaten handily in the second round by either Macron or Fillon, who are more centrist. But the emergence of Mélenchon could put an unexpected wrinkle into the process. First-round voting takes place on 23 April.

Yellen: Fed allowing economy to coast
Speaking at the University of Michigan, Fed chair Yellen said that the US economy is healthy and that the Fed is now shifting its focus, taking its foot off the accelerator and allowing the economy to “coast” for a while, saying a gradual path of interest rate increases can get us where we need to go. Yellen also opined on several bills that are working their way through Congress, expressing concern that the Fed could become subject to political pressure if the bills are signed into law.

NEW 52-WEEK HIGH BSE (A):

NEW 52-WEEK LOWS BSE (A):

MAJOR WEEKLY GAINERS IN BSE A CATEGORY:

MAJOR WEEKLY LOSERS IN BSE A CATEGORY:

Eyes will be set on the certain US economic data releases are: 
Monday (17 Mar)
Labor Market Conditions 
Tuesday (18 Mar)
Housing Market Index
Wednesday (19 Mar)
Housing Starts
Thursday (20 Mar)
MBA Mortgage Applications 
Friday (21 Mar)
Jobless Claims

Fundamental Pick of the week:
Buy Bajaj Auto Ltd For Target Rs.2950.00 -

Derivative Ideas
The stock is consolidating after forming a bottom at 2755 levels with positive price action in the past few days confirming an uptrend. The key technical indicators has also reversed turning upwards and as the stock has closed above its short term averages
* The stock has strong support on its weekly charts holding the short and medium term averages and the positive divergence in the last few weeks candle confirms the up move.
*Thus, long position can be initiated at Rs. 2810 for target of Rs 2950 with a stop loss of Rs 2740.

Indian Market Outlook:
The Nifty opened on a flat note today and traded with a downward bias. It has reached near the lower end of the 9180-9150 support range. On the hourly chart, the fall is appearing as a corrective one. In terms of price pattern, the Nifty seems to have formed a wedge on the hourly chart, whose implications are likely to be bullish. Thus, the next leg up could be around the corner. We are maintaining our positive view on the Nifty with a cautious approach. On the downside, the 61.8% retracement of the previous rise, ie 9120 will be the subsequent support, with 9000-8980 being a major support area. On the way up, 9340 and 9500 are the short-term and medium-term targets, respectively.  

TECHNICAL VIEW:

Nifty, after trading range bound for most part of the week, ended lower and lost nearly half a percent and finally settled at 9150.80.
* Existence of major hurdle around 9300 mark combined with weak global cues and anxiety ahead of earnings season capped upside; however, buying interest was witnessed in select index major amid volatility.
* In the coming week, we expect volatility to remain high due to ongoing earnings season and lingering geo-political issue.
* Considering all, we suggest participants maintaining stock specific approach and keep a check on the leveraged positions.

Conclusion:

Bank Nifty made low of  21551 so bulls held on to 21500 in today’s correction so we can continue the upmove towards 21850/21990 as we have weekly closing tomorrow, Friday being an holiday. Bearish below 21500 for a move towards 21400/21350. Bank Nifty continue to hold on to its gann angle suggesting bulls are holding the grip. Holding the low of 21600 BUlls can continue to see upmove towards 21800/21920/22000. Bearish on close below 21520 for a move towards 21400/21350/21230. New time cycle is starting from coming week (More Details in Weekly Analysis) so we can see good trending move in next 1-2 days.

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The stock market is a place that has the maximum amount of abnormalities rendering into it. It is a place that gives you not only the edge and at the same time will give the edge over the other opportunities into the market. The stock market does not always deal with the abnormalities but at the same time its deals with the different amount of stocks and shares that are always on the run in the market. The market is a place where we will not able to give the edge but at the same time we will earn the much required benefit. This is a place where the people at large are more inclined to get a more amount of excess to the data and the people will always look out for the larger pictures. The share market does not only rely upon the stocks and shares that it deals with, it at the same time will also deal with the different other fluctuations in the market. The market is a place where the people will have to bear the inclination and declination of the market and they also at the same give us an set out example. The market place gives us ample knowledge as to how the markets will actual function. There are few ways that can be suggested that will not only minimize the risk associated with trading in the market but at the same time they will also be placing the investors at a better position so that by having the minimum amount of risk being at stake they will be in a better position to invest the hard earned money and thus earn the profit in the market place. You should be able to know how to approach the stock market with minimal risks?

Getting good advice

The experts are there who are going to give us the actual knowledge and will help the investors to have a great amount of investment potential in the market. But it is to be noted that even experts fail to make the right decision. The people should always have the great knowledge about the things in mind. It is the general thing that when a new person enters into the market, the have very little knowledge about the market functioning at large and they are at the loss of ideas. This is the time when an experienced and a good player in the market can provide an insight into the functioning of the market. It is this place that would some way or other will be a profitable affair for the new players as they are so much in profit that they have a fair idea as to where they need to invest to have a new idea dimension. The people are always on the outlook to have a design that can earn them maximum benefit and at the same time will get a new fresh outlook into the online stock market. The stock market is the place where the investors are always on the run.

Making the maximum benefits

The people are always very much eager to have an edge over the others and they can at the same time have the much improved edition of earning the maximum profit with minimum investment. The people at large are always looking out for investing cash in places that can earn them profit at the shortest span of time possible. This is place that can reap out the maximum benefits for them and at the same time will help them understand the market very well. There are fewer places wherein the people can gain such ideas. Since the market is still in the fluctuating mode the people can have a very good and fluent knowledge about the things in the market. Thus taking all these into consideration and the idea that we have about the market, we will find yourself in a better position to answer as to how to approach the stock market with minimal risks?

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Want to make responsible decision while investing in share market? Just fill Stock tips trial form and let expert guide you.

You need to understand the market situation very well when you try to make stock investment in the market. If you try to make any investment in the market without any clear knowledge of the market then you would not be able to make any profit from the market. There are stocks that have shown good profit in the market and you can then try to invest in it but you should always keep in mind that there are always some risks in the market and you cannot avoid the risks. If you try to make your investment in the market and that too without any proper study then you would have to face a huge loss of money.  Making the right and profitable investment in the market is not difficult if you really try your best to make good study or research. There are concepts that make you feel that it is not important but you should know that all concepts are very important in the market. 

If you are able to get the right information of the stocks then it would not be at all difficult for you to make good money. You should take care when you try to go for online stock market because you have to find the right and genuine website because this would only help you to get the correct information of the market. When you get all the updated information of the market you would not have to worry for your investment. This is because you can get all the latest happenings in the market that would help you to make the right income. Getting the right income from the stocks is possible but it might take some time for which you need to have good patience in the market.  To be a successful trader you need to identify the profitable stocks that would help you get the maximum benefit. If you are able to take the right decision yourself then you would not have to worry but you should know that you have to know how NSE, BSE….etc functions in the market. You should also try to know the insights of the market and this would make you more knowledgeable in the market. It is important for you to know how to be responsible while investing in the market?

Do not dare to predict

There are some investors who try to predict the stock market because they think that they are able to know what would happen to the market. If you also think the same then it is important to clear this misconception because this would only make you a loser and you would also feel less confident in the market. It is to be noted no matter how much you try to get rod of risks, the risk factor would always be there and you would not be able to get away from it. You also need to assure yourself that you are quite patient and you have the ability to bear the risks in the market while investing in the different stocks. You can also make good income from day trading but for this you have to get the right knowledge on how you are going to invest in it.

Make the perfect planning for your investment

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Events to watch this week

• United Kingdom triggers Article 50

• Trump’s agenda questioned after health care defeat

• US economic growth revised up slightly

• South Africa sacks finance minister

• NAFTA changes may be modest

The Week ahead:

• The Bank of Japan releases its Tankan report on Monday, 3 April

• Global manufacturing purchasing managers’ indices are released on Monday, 3 April

• Euro-area retail sales are reported on Tuesday, 4 April

• Global service sector PMIs are released on Wednesday, 5 April

• The US Federal Reserve releases the minutes of its March Federal Open Market Committee meeting on Wednesday, 5 April

• Trump and Chinese president Xi meet in Palm Beach on Thursday–Friday, 6–7 April

• The United States releases its March employment report on Friday, 7 April

For the week,Global equities rose this week as did oil prices, while yields on 10-year US Treasury notes held steady at 2.41%. West Texas Intermediate crude advanced to $50 from $47.80 last Friday, while global Brent rallied to $52.70 from $50.60 last week. Volatility, as measured by the Chicago Board Options Exchange Volatility Index (VIX), held steady near 12.

NIFTY- 9,173.75
CRUDE OIL-Rs 3,286barrel
GOLD-Rs 28,450 gram
Rs/$-Rs 64.85

MARKET ROUND UP 
Key benchmark indices logged modest gains in the week ended Friday, 31 March 2017 as the sentiment was buoyed after the LokSabha cleared four bills related to the Goods and Services Tax (GST), one of the biggest reforms, on 29 March 2017. The overall sentiment in the broader market was upbeat during the week with the BSE Small-Cap and the Mid-Cap indices outperforming the Sensex.

In the week ended Friday, 31 March 2017, the Sensex rose 199.10 or 0.68% to settle at 29,620.50. The Nifty 50 index rose 65.75 points or 0.72% to settle at 9,173.75. The BSE Mid-Cap index rose 247.47 points or 1.79% to settle at 14,096.65. The BSE Small-Cap index gained 356.25 points or 2.53% to settle at 14,433.86. Both these indices outperformed the Sensex.
Trading for first day of the week began on a subdued note as the key benchmark indices settled with modest losses on Monday, 27 March 2017 on negative global stocks. The Sensex lost 187.96 points or 0.64% to settle at 29,233.44, its lowest closing level since 22 March 2017. 

Macro Economic Front: 
On the Economic Front,the LokSabha cleared four bills related to the Goods and Services Tax (GST) on 29 March 2017, setting the stage for 28 states, along with Delhi and Puducherry, to enact state laws over the next three months to roll out the new tax regime from July 2017.

The four bills Integrated GST, Central GST, Union Territory GST and Compensation Bill will be followed by work in the GST council, comprising FM ArunJaitley and state finance ministers, to finalise rules and product- and service-wise rates by the end of April.
GST will replace central excise, service tax and state VAT and several other levies, in addition to subsuming existing cesses and surcharges.

Major Action &Announcement:
IT major Infosys fell 1.07% to Rs 1,020.80. The company announced during trading hours on 30 March 2017, that it has achieved Cloud Elite status in the Oracle PartnerNetwork (OPN). With this designation, Infosys is well positioned to help customers achieve cloud transformation, and provide sophisticated capabilities and next-generation services on Oracle Cloud. With strategic specialization and training programs, innovative joint solutions, and a clearly defined solutions roadmap, Infosys' Cloud Elite status will help clients derive better business value, it said in a statement.

TCS rose 0.18% to Rs 2,431.10. TCS said that the company has collaborated with SATS (SATS), Asia's leading provider of airport ground handling and food solutions services, to develop a smart watch solution that is believed to be the world's first mobile solution for airport Technical Ramp operations. The Technical Ramp Smart Watch solution is now supporting SATS' operations at Singapore's Changi Airport, a leading global hub of travel, technology adoption and efficiency. The announcement was made after market hours on 30 March 2017.

NTPC rose 1.1%. NTPC said that consequent upon testing and commissioning, 260 megawatts (MW) capacity (4x65 MW) of Bhadla solar PV project at BhadlaRajasthan, is declared on commercial operation on 25 March 2017. With this, the commercial capacity of NTPC and NTPC group has become 40,522 MW and 47,293 MW respectively. The announcement was made after market hours on 30 March 2017.

Drug major Lupin fell 2.61%. The company announced the launch of Abacavir and Lamivudine tablets, 600 mg/300 mg having received an approval from the United States Food and Drug Administration (FDA) earlier. The announcement was made during market hours on 29 March 2017.

Power Grid Corporation of India (PGCIL) rose 1.81%. The company announced that it has acquired Medinipur-Jeerat Transmission, the Project SPV to establish transmission system for 765kV strengthening in Eastern Region (ERSS-XVIII), on build, own, operate and maintain (BOOM) basis from PFC Consulting. The transmission system is to be progressively constructed over a period of 40 months. The announcement was made during market hours on 29 March 2017.

Axis Bank gained 0.33%. The bank said that the board of directors of the bank has passed a resolution approving the allotment of 3 year senior floating rate notes aggregating to $10 million under the MTN programme through its Dubai International Financial Centre (DIFC) branch. The announcement was made after market hours on 27 March 2017.
Hero MotoCorp lost 4.52% to Rs 3,223.85. Bahadur Chand Investments (BCIPL), one of the promoters of Hero MotoCorp, raised its holding in the two-wheeler major by picking up 4.45% stake for Rs 2996 crore from another promoter firm in an open market transaction. 

Global Front: 
In Overseas Markets,Activity in China's manufacturing sector expanded to 51.8 in March, an official survey showed on Friday, 31 March 2017. The services sector rose to 55.1 from 54.2 in February. The 50-point mark separates growth from contraction.
Japan's core consumer prices rose 0.2% in February. While that is the fastest annual pace in nearly two years, it is still distant from the central bank's 2% target.

The US economy, as measured by gross domestic product, expanded at a 2.1% annualized pace in the fourth quarter, slightly faster than the previously reported 1.9% rate. Separately, jobless claims fell by 3,000 to 258,000 in the latest week, near their lowest level in decades.

Global Economic News:

Beginning of the end 
The United Kingdom formally began the process of withdrawing its European Union membership this week by triggering Article 50 of the Lisbon Treaty. The UK and EU now enter into a two-year negotiation to iron out such thorny issues as the legal status of EU citizens residing in the UK and that of UK citizens living within the EU, "hard" or "soft" borders and how —and how much it will cost-- to extract the UK from the EU’s finances. EU president Donald Tusk said a free trade agreement can only be discussed once sufficient progress has been made on the divorce process. Also this week, the Scottish parliament voted 69–59 to authorize a second referendum on independence from the UK. Scotland voted to remain in the EU in last June’s Brexit referendum.

Will Trump play it safe or go big? 
After suffering a stinging defeat in his first major legislative initiative, President Donald Trump is likely to turn his focus to taxes in the hope of unifying the Republican congressional caucus. That may prove easier said than done, as the approximately $1 trillion in savings over 10 years that was expected from the repeal of Obamacare and its replacement with the American Health Care Act (AHCA) is now off the table. Trump must now decide whether to risk further political capital by advocating an ambitious comprehensive tax reform plan or to play it safe and advocate a smaller program of tax cuts. Should negotiations drag on, markets may not receive the fiscal stimulus that they’ve been expecting this year. Some fear stimulus could be smaller than expected and later in arriving, perhaps not until 2018.

US growth revised up
Q4 US gross domestic product was revised up to a 2.1% annual rate this week from an earlier 1.9% reading. Corporate profits showed healthy growth of 9.3%, though the persistent US trade deficit restrained economic growth. Sluggish growth is expected to persist into the first quarter of 2017.

US to seek modest NAFTA changes
A leaked draft of a US Department of Commerce memo this week showed that the Trump administration will seek quite modest changes to the North American Free Trade Agreement, countering more bombastic proposals made on the campaign trail by President Trump prior to his election. Trade jitters have been receding in recent weeks, but investors will keep a close eye on the first meeting between Trump and Chinese president Xi Jinping in Palm Beach, Florida, on 6–7 April.

German unemployment falls to record low
Unemployment in Germany, Europe’s largest labor market, fell to a post-reunification low of 5.8% in March, as joblessness fell by 30,000. That was more than the 10,000 that economists had predicted.

Ousted South Korean president jailed
Former South Korean president Park Geun-hye has been arrested and jailed over corruption allegations. Prosecutors have 20 days to build their case while Park is in custody. A snap election to replace Park will take place on 9 May.

GLOBAL CORPORATE NEWS

Cutting a Gordhan-ian knot
South African president Jacob Zuma fired his market-friendly finance minister PravinGordhan this week in a move that risks prompting a downgrade of the country’s sovereign debt ratings. Zuma and Gordhan are longtime political rivals and have differed sharply over South Africa’s public finances. Zuma is expected to sharply increase public expenditures now that Gordhan has been sacked. South Africa’s rand has fallen 7.5% this week against the US dollar as the battle between Zuma and Gordhan has played out.

NEW 52-WEEK HIGH BSE (A):

NEW 52-WEEK LOWS BSE (A):

MAJOR WEEKLY GAINERS IN BSE A CATEGORY:

MAJOR WEEKLY LOSERS IN BSE A CATEGORY:

Eyes will be set on the certain US economic data releases are: 
Monday (03 Mar)
PMI Manufacturing Index 
Tuesday (04 Mar)
Motor Vehicle Sales & Factory Orders
Wednesday (05 Mar)
PMI Services Index
Thursday (06 Mar)
Natural Gas Report 
Friday (07 Mar)
Consumer Credit & Wholesale Trade

Fundamental Pick of the week:
Buy CESC LTDFor Target Rs.900.00
CESC is in the strong up-trend as the stock reversed after taking support of Rs790 (23.6% Fibonacci Retracement level of prior up-move Rs527-876) and later rose to Rs857.
* Key technical indicators-RSI & MACD are positively poised above their neutral line, where MACD is on the verge of positive cross-over.
* As per the current daily set-up, we believe that stock will continue the northward rally and record fresh high.
* On the higher side, the stock will face major hurdle around psychological level Rs900.Thus, long position can be initiated at around Rs830 with the target of Rs900 and a strict stop loss of Rs790. 

Indian Market Outlook:

TECHNICAL VIEW:

After witnessing volatile trades last week, CNX Nifty resumed its up move supported by short covering. Good recovery was seen from lower levels tracking continuation of bearishness in USD/INR futures which helped Indian equity markets to settle at higher levels. Technically, Rise in volume and fall in open interest with both sides price movement price movement indicates sideways sentiments in current week. 9100 will be the Crucial level to watch out for the current week. Benchmark Index CNX Nifty witnessed good buying support at lower levels from traders last week which indicates support at lower levels. CNX Nifty likely to trade with volatile sentiments in current week on profit booking at higher levels from traders. If it managed to sustain above 9100 level than it may witness firm sentiments till 9330 levels. Breaking of strong support 9100 level with good volume will make Nifty bearish and down side may come due to selling pressure below that level. Traders should look for the opportunity to buy at lower levels for the week.

Conclusion:

Nifty gave Short entry on Monday which  did 1 target on Downside. Long was triggered  by Tuesday did 1 Tgt on Thursday thus both bulls and bears were rewarded following Chopad levels.  Lets Analyze how to trade Nifty as we are approach the New Financial Year.
Hourly chart was near the support line as shown in above chart and should see impulsive move towards 9200 holding 9077.
High made was 9192 so we almost did 9077 above 9077. Now for coming week break of 9200 can see fast move towards 9268/9312/9368. Bearish below 9130 for a move towards 9060/8992.Still waiting for 9312 for completion of extended abcdpattern. Bulls needs to hold 8992 for the target to come.