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Tuesday, December 29, 2015

Equity Tips

The domestic equity market remained range bound all through Tuesday amid thin trade, as investors booked profit after three successive sessions of gains.

The market closed marginally higher. The Sensex rose 45.35 points or 0.17 percent to 26079.48 and the Nifty went up 3.80 points to 7928.95.

SREI jumps 19%, BNP Paribas to pick up 5% stake in com
HDFC Bank cuts base rate by 0.05%, effective January 4
Citigroup raises stake in L&T Finance to 7.56%

The crucial resistance for Nifty SPOT is now seen at 7966 and above this 8003 Support for the immediate term is now placed at 7835 and next support will be 7775.

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