market updatesOn last trading session of the week, the market was in narrow range. Both benchmark indices closed with a slight decline. Nifty slipped below 8150 while SENSEX closed near 26500.
Midcap and Smallcap indices have shown dullness. Due to the selling of Metal, FMCG, Banking, Oil and gas, Power and infra share, the market has seen under pressure. Bank Nifty closed at 18313 down 0.5%.

Weekly Analysis

In this week SENSEX slipped 1%, while Nifty down 1.5%. Nifty Metal index 4%, FMCG index 3%, Media index 3%, in Pharma index 2.5%, PSU Bank index 2%, Infra index 1.6% and in Auto index 1% decline is recorded. Nifty IT index strengthens 2%.
Ultratech Cement, Grasim, Bharti Airtel, Hindalco, Ambuja Cement, Coal India, Eicher Motors, BHEL, Auro pharma and ICICI Bank are weekly losers. While TCS, Axis Bank, Reliance industries, and HCL Tech are weekly gainers.

digitalizationThe trend of digital payment is increasing after notebandi. Government focus also increased in the cashless transaction. We are giving you information about some shares, which receives good benefit due to increasing cashless transaction.

BEL: The company has involved in the manufacturing of Point to sale devices. Invest in BEL for 1 year with target Rs 1999.

NIIT: The company gets benefit after increasing Digital transaction. It is expected in 6-9 month the share will touch Rs 99 level, Currently, it is trading at Rs 82.5.

DEL: For Digitalization the demand of Routers and Modem will increase So the company will also get the benefit. In 6-9 month D-link share expectedly reached to Rs 133 level.