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INDIAN BENCHMARKS: SENSEX NIFTY MANAGE TO CLOSE AT HIGHS

Equity Tips

Benchmark indices ended the session on a positive note, with indices witnessing a surge in the last hour of trade. The Street had witnessed tight range bound movement through the day and ended on record high note.

The Sensex closed up 76.17 points at 30658.77, while the Nifty ended up 13.50 points at 9525.75. The market breadth, however, was negative as 1,257 shares advanced against a decline of 1,538 shares, while 179 shares were unchanged.

Tata Steel, Tata Motors, and Bharti Infratel gained the most, while Adani Ports, Wipro, Tech Mahindra and ACC fell the most.

HEADLINES OF THE DAY
Bajaj Finance Q4FY17: asset quality deteriorates marginally.
Capital First falls on stake sale by Warburg Pincus
BHEL bags Rs233 cr order from RFCL.

UPCOMING RESULTS:ABNUVO, BAJAJ AUTO, BANKBARODA, CESC, CUMMINS, DBCORP, MUTHOOTFIN,  PIDILTEIND,  TATACOFFE, VIP.

The crucial resistance for Nifty spot is now seen at 9550 and above this 9595.Support for the immediate term is now placed at 9450 and next support will be 9410.

Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.
CapitalStars Investment Adviser: SEBI Registration Number: INA000001647

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