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CapitalStars Investment Adviser: SEBI Registration Number: INA000001647

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Tuesday, October 10, 2017

Equity Tips

Benchmark indices ended higher on Tuesday backed by Reliance Industries, Infosys and HDFC Bank.
The 30-share BSE Sensex was up 77.52 points at 31,924.41 and the 50-share NSE Nifty gained 28.20 points at 10,016.95.
About 1,569 shares advanced against 1,141 declining shares on the BSE. The BSE Midcap index was up 0.6 percent and Smallcap rallied 0.95 percent.

Nifty Midcap was up 0.4 percent. SPARC, Biocon, NCC, NBCC, TVS Electronics, Graphite India, HEG, Goa Carbon and Bombay Dyeing rallied up to 15 percent.

HEADLINES OF THE DAY
South Indian Bank Q2FY18 standalone net profit declines 96% yoy to Rs.4.32 crore.
RInfra, Adani Transmission stocks gain, following exclusivity agreement.
Infosys stock up 1%; sets Nov 1 as buyback record date.

The crucial resistance for Nifty spot is now seen at 10030 and above this 10100.Support for the immediate term is now placed at 9970 and next support will be 9890.

UPCOMING RESULTS:  LAXMI VILAS, TV18, NETWORK 18

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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