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Tuesday, October 27, 2015

Equity Tips

INDIAN BENCHMARKS  fall for second day, Fed meet eyed
                                                                   
INDIAN EQUITY BENCHMARKS  fell for a second straight session on Tuesday as companies such as Lupin posted disappointing earnings, while sentiment remained cautious ahead of the U.S. Federal Reserve's two-day policy meeting. The S&P BSE Sensex and CNX Nifty ended 0.40% and 0.33% lower each.
                                                                 
Headlines for the day:
Axis Bank Q2 earnings in-line with estimates
TVS Motor Q2FY2016 PAT 10% above estimate
Maruti Suzuki Q2FY2016 net profits marginally below estimates
                                                           
RESULT’S ON 28TH OCT:  DABUR, AMBUJACEM, JUST DIAL , AMARJA BATTERY , SUN TV , JSW ENERGY , EXIDE INDUSTRIES
                       
The crucial resistance for Nifty is now seen at 8357 and above this 8410. Support for the immediate term is now placed at 8233 and next support will be 8165.

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