Lundin Gold March 2024 Corporate Presentation - PDAC v1.pdf
Market wrap
1. MARKET WRAP
28.03.2012
Geojit BNP Paribas Financial Services Ltd., Registered Office: 5th Floor, Finance Tower, Kaloor, Kochi -682017, Kerala. For investor queries: customercare@geojit.com, For grievances: grievances@geojit.com | SEBI Regn. Nos.: NSE: INB/INF/INE 231337230 I
BSE: INB 011337236 & INF 011337237 INSDL: IN-DP-NSDL-24-97 I Portfolio Manager: INP 000003203 I CDSL Regn no: IN-DP-CDSL-648-2012
2. The markets opened on a negative note and erased early losses but
could not move up to the green zone. In the afternoon session we saw
some fresh selling which took the markets to the low of the day and
finally closed the day’s trade in red ahead of the F&O expiry.
Next major trigger for the markets is the Q4 results which will start to
come out from the middle of April. Also many are of the expectation that
the RBI may start cutting rates in the month of April. Tomorrow (Mar 29)
is the day of March F&O expiry and the volatility will be on the higher
note.
On the sectoral front, there was selling in consumer durable, banking,
PSU, realty and oil while minor gains were seen in healthcare and FMCG.
Banking stocks gave up today on concerns that the bad loans may rise
and will reflect in their upcoming Q4 results. Metal stocks were down as
metal price fell on LME.
Market Wrap
Geojit BNP Paribas Financial Services Ltd., Registered Office: 5th Floor, Finance Tower, Kaloor, Kochi -682017, Kerala. For investor queries: customercare@geojit.com, For grievances: grievances@geojit.com | SEBI Regn. Nos.: NSE: INB/INF/INE 231337230 I
BSE: INB 011337236 & INF 011337237 INSDL: IN-DP-NSDL-24-97 I Portfolio Manager: INP 000003203 I CDSL Regn no: IN-DP-CDSL-648-2012