March Series Summary

💚 JUSTDIAL = 5️⃣8️⃣, 0️⃣0️⃣0️⃣➕ Profits ( Mar 2 )

Very Good Morning. It's March 4th 2020, 7:30 am.

SGX NIFTY is trading @ 11,250.00, NIFTY 50: 11303.3 closed with High: 11342.25, Low: 11152.55 @ March 3rd 2020, 3:31 pm

Have a Profitable day.

Securities in Ban For Trade Date 04-MAR-2020: NIL

As per the Global cues, we can see a Gap Down Opening on our NIFTY.
Closed (Mar 3, 2020 3:31 PM) @ Nifty 50 : 11303.3 with High: 11342.25, Low: 11152.55

Business Standard

Ø Slowdown could punch a Rs 2.5 lakh cr hole in banks' books
Ø Bank credit growth dips to 8.5 pc in January: RBI data
Ø DBT, GST acknowledged as silent revolutions: FM
Ø Maruti Suzuki sales dip 1 pc in Feb to 1,47,110 units
Ø Labour min keen to retain 8.65% PF rate for 2019-20
Ø M&M in talks with auto cos for electric powertrains
Ø India highest growing in Asia Pacific, Japan & China region in FY19: Cisco
Ø GST collections at Rs 1.05 trn in Feb, up 8% over the same month last year
Ø Tata Motors domestic sales drop 34% in Feb as coronavirus disrupts supplies
Ø Hyundai February sales dip 10% to 48,910 units; exports down 22%
Ø Mahindra & Mahindra sales skid 42% to 32,476 in February, exports down 40%

Mint

Ø Aviation fuel prices drop by 10%, but airfares may not decline
Ø ICAR inks pact with Patanjali for farm research, training
Ø AirAsia India Oct-Dec loss narrows to ₹123 cr
Ø BPCL valuation high, evaluating bid: Anil Agarwal
Ø SEZ Board allows GAIL to exit Kochi SEZ after repaying duty benefits
Ø Banks have limited ability to impact credit growth, slump is linked to demand
Ø Tata Power’s tough stance on Mundra plant does nothing to power up stock
Ø Petrol, diesel prices today cut sharply, down at 6-month to 8-month lows
Ø Tata Motors admits impact of Coronavirus on India operations
Ø NPS pension payouts to become flexible

Deccan Chronicle

Ø Audit committees need to play more active role: CEPR
Ø AGR case: Airtel, Voda Idea, Tata likely to face DoT’s ‘test checks’ on dues assessment this week
Ø SBI pushes for uniformity in lending to gems and jewellery sector
Ø Ajay Tyagi to continue as Sebi chairman for six months more
Ø Free voice calls no excuse for poor service: Trai chief pulls up telecom operators

NSE Opening Bell:

#NIFTY SPOT Opened for the day, Dated : March 4th 2020 at : 11351.35. #NIFTY moved from : 11303.3 with change of 37.30 (0.33%). Market trend observed as Bullish.
Days high : 11354.95 / Days low : 11340.6.

#BANKNIFTY SPOT Opened for the day, Dated : March 4th 2020 at : 29252.95. #BANKNIFTY moved from : 29177.05 with change of -24.95 (-0.09%). Market trend observed as Slightly Bearish.
Days high : 29273.65 / Days low : 29152.1.

BSE Opening Bell

#SENSEX SPOT Opened for the day, Dated : March 4th 2020 at : 38715.72. #SENSEX moved from : 38623.7 with change of 126.93 (0.33%). Market trend observed as Bullish.
Days high : 38787.86 / Days low : 38715.32.

#(^NSEBANK) Camarilla Pivot Levels: Date = IST Mar 4, 2020 9:20 AM

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R4 @ 29295.91
R3 @ 29238.25
R2 @ 29219.04
R1 @ 29199.82

Pivot @ 29127.82

S1 @ 29161.38
S2 @ 29142.16
S3 @ 29122.95
S4 @ 29065.29
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#(^NSEI) Camarilla Pivot Levels: Date = IST Mar 4, 2020 9:20 AM

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R4 @ 11292.10
R3 @ 11246.85
R2 @ 11231.77
R1 @ 11216.68

Pivot @ 11223.75

S1 @ 11186.52
S2 @ 11171.43
S3 @ 11156.35
S4 @ 11111.10
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✅ JUSTDIAL 469.55 New Low 🔥🔥🔥 #justdial

NSE Closing Bell:

#NIFTY SPOT Closed for the day, Dated : March 4th 2020 at : 11254.2. #NIFTY moved from : 11303.3 with change of -49.10 (-0.43%). Market trend observed as Bearish.
Days high : 11356.6 / Days low : 11082.15.

#BANKNIFTY SPOT Closed for the day, Dated : March 4th 2020 at : 28671.55. #BANKNIFTY moved from : 29177.05 with change of -505.50 (-1.73%). Market trend observed as Strong Bearish.
Days high : 29273.65 / Days low : 28125.15.

BSE Closing Bell

#SENSEX SPOT Closed for the day, Dated : March 4th 2020 at : 38409.48. #SENSEX moved from : 38623.7 with change of -214.22 (-0.55%). Market trend observed as Bearish.
Days high : 38791.7 / Days low : 37846.1.