Equity Tips

header ads

INDIAN EQUITY MARKET WRAP UP-5 Dec 2014

Equity Tips Stock Cash Calls
INDIAN BENCHMARKS Markets today: Profit booking spoils the supper,

INDIAN EQUITY BENCHMARKS  fell on  posting their first weekly loss in seven, as investors booked profits in recent outperformers after indexes hit record highs, while caution prevailed ahead of U.S. jobs data later in the day. The S&P  BSE Se nsex and CNX Nifty ended 0.37%-0.30% lower each.

Domestic share indices ended lower on  amid profit taking in late trades with IT shares declining the most  ahead of the release of US jobs data later today.

Selan Exploration Technology gained 4.71% after the Reserve Bank of India in a notification on  withdrew the restrictions placed on the purchase of shares by Non-Resident Indians (NRI)/Persons of Indian Origin (PIOs) under the Portfolio Investment Scheme with immediate effect.

Hindustan Construction Company rose 4.31% after the company said its subsidiary sold its annuity project in Andhra Pradesh to an entity majorly held by IDFC Alternatives managed India Infrastructure Fund.

Mangalore Chemicals & Fertilisers jumped 5.46% after Saroj Poddar-led Zuari group announced a voluntary open offer to acquire up to 3.07 crore shares constituting 25.9% stake in MCFL at Rs91.92 per share

The crucial resistance for Nifty is now seen at 8670 and above this 8725. Support for the immediate term is now placed at 8545 and next support will be 8485.

Get Free Share Market Tips, MCX Tips Free Trial, NCDEX Tips, Commodity Tips, Nifty Futures Tips with profitable calls and tips.
Equity Tips Stock Cash Calls

Post a Comment

0 Comments