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INDIAN BENCHMARKS: SENSEX NIFTY ENDS FLAT,NIFTY ABOVE 9650

Equity Tips

Equity benchmark indices ended the session on a sluggish note, with the Nifty ending just above the 9650-mark.

The Sensex closed down 14.04 points at 31297.53, while the Nifty ended lower by 4.05 points at 9653.50. The market breadth was negative as 1,220 shares advanced against a decline of 1,440 shares, while 171 shares were unchanged.

Tata Motors, Tata Motors DVR and Tata Power gained the most on both indices, while Lupin, Axis Bank, Power Grid and Eicher Motors lost the most.

HEADLINES OF THE DAY
HDFC to raise fund via bonds.
Aviation stocks surge on 17.36% passenger growth in May.
Maruti maintains leadership position in domestic PV market.

The crucial resistance for Nifty spot is now seen at 9710 and above this 9750.Support for the immediate term is now placed at 9590 and next support will be 9500.

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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