Nifty settles below 9,800, down over 1.5% for the week; Sensex ends flat


Benchmark indices pared gains to end flat, losing over 1.5% in the week on foreign fund outflows amid worries that the government may widen its fiscal deficit target of 3.2% of gross domestic product for the year ending in March 2018 to boost an economy that grew at a slower pace than expected.

Broader markets outperformed benchmark indices with BSE Midcap and BSE smallcap indices gaining 0.8% and 1% respectively. Both indices ended over 1% for the week

Foreign investors net selling equities worth $1.1 billion during the month. They had sold worth $2 billion in shares in August.

Bajaj Auto, Adani Ports, GAIL and Eicher Motors gained the most on both indices, while HUL and Wipro were the top losers.

Realty firm Godrej Properties today said it has entered into a joint venture agreement with Royale Builders and Developers to develop a 13-acre group housing project in north Bengaluru.

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Nifty ends below 9,600, down almost 1% for the week; Nifty IT slips 0.8%


Benchmark indices swung between gains and losses on Friday to end the day flat amid lack of global as well as domestic cues. Nifty50 settled the week 0.8% lower, its first weekly loss in six weeks, breaking its longest gaining streak since late 2014 while Sensex ended the week 0.6% lower.

Gains were capped by a sharp correction in pharma and IT stocks on worries over their earnings outlook while ITC, Tata Motors continued to support the market.

The S&P BSE Sensex settled at 31,056, down 19 points, while the broader Nifty50 ended at 9,588, up 10 points.

In the broader market, the S&P BSE Smallcap pared gains to finish 0.1% higher after rising 0.5% to hit its record high, while the S&P BSE Midcap index was up 0.2%.

Pharma was the top losing index amid worries about their earnings outlook because of pricing pressures in the United States, down 1.8%. Lupin was the biggest laggard on the index, down over 4% followed by 4% Divi’s Lab, Cadila Healthcare, Sun Pharma and Cipla.

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Nifty ends the week below 8,700; US jobs data eyed



Some picks from the week gone


Another week goes by and we are now in the final week of the financial year. While we all know we don’t always pick winners, we make our sincere attempt not to lose our hard-earned money. We hope the year has been as fruitful for all investors as it has been with us here at StockArchitect. Here are some of the picks from the week that just went by.

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Does Stock Architect Work? Here is the evidence!!!


Stock Architect is a startup, waking up again after a hiatus. We are happy to be a place where leaders from the stock market come together using the power of the internet to serve each other through sharing, networking and collective learning. Our aim is to become a place for traders and investors to get up to speed on market-moving information and insights which drive real-time changes in the investor mood and sentiment.

When we discuss the concept, people often ask us – How do I make money? Does it work? All the doubting Thomases and nay sayers have a field day. We, therefore, culled information from the tweets on the website and looked at different recommendations. The result was astounding. We just looked at Ceat Ltd. & BF Utilities, stocks recommended as buys. Given below is the summary:

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