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SENSEX ENDS UP 21 POINTS, NIFTY 50 ABOVE 8400

Equity Tips

The market ended in green with the Nifty above 8400. The 50-share is up 19.00 points or 0.2 percent at 8417 and the Sensex is up 21.98 points at 27257.64.About 1484 shares have advanced, 1253 shares declined, and 308 shares are unchanged.

BHEL, Tata Steel, HUL, ONGC and M&M were top gainers while NTPC, GAIL, Hero MotoCorp,, Bharti Airtel and Adani Ports were losers in the Sensex.

HEADLINES OF THE DAY
Cabinet to reduce stake in general insurers to 75%
Panacea rallies on USFDA approval for migraine drug.
Vijaya Bank raises Rs325 cr via private placement.

UPCOMING RESULT: AXIS BANK, YESBANK, FEDERAL BANK, DB CORP, UJJIVAN, LAXMI VILAS, MINDTREE, GALLANT ISPAT

The crucial resistance for Nifty spot is now seen at 8430 and above this 8475 Support for the immediate term is now placed at 8320 and next support will be 8275.

Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.
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