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Tuesday, September 12, 2017

Equity Tips

Driven by positive global cues and rally in index heavyweights here, benchmark indices ended the second session of the week on a positive note, with the Nifty just short of 10,100.

The Sensex ended up 276.50 points at 32158.66, while the Nifty closed higher by 87.00 points at 10093.05. The market breadth was positive, but narrow, as 1436 shares advanced against a decline of 1151 shares, while 162 shares were unchanged.

Tata Motors, Tata Motors DVR, BPCL and GAIL were the top gainers, while Wipro, Hero MotoCorp, and IndusInd Bank lost the most.

HEADLINES OF THE DAY
Godrej Industries soars by 4% as Godrej Agrovet receives SEBI nod for IPO.
Sun Pharma gets USFDA nod for Fenofibrate Oral Tablet.
USFDA inspecting Divi's Laboratories' Unit II, stock surges over 9%.

The crucial resistance for Nifty spot is now seen at 10140 and above this 10210. Support for the immediate term is now placed at 10030 and next support will be 9985.

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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