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Friday, November 18, 2016

Equity Tips,

INDIAN BENCHMARKS: SENSEX NIFTY ENDS IN RED,SENSEX DOWN  77 POINTS @ 26150,NIFTY 50 BELOW 8100

The market has ended lower with the Nifty near 6-month low. The Nifty is down 5.85 points at 8074.10 and the Sensex is down 77.38 points at 26150.24.About 1312 shares have advanced, 1277 shares declined, and 166 shares are unchanged.

NTPC, Sun Pharma, Bharti, Hero MotoCorp and M&M were gainers while Tata Steel, ITC, GAIL, Asian Paints and HDFC Bank were the losers.

HEADLINES OF THE DAY
Asrtralpoly Technik reports good Q2 earnings.
Petronet LNG Q2 net profit zooms 82% to Rs460 cr.
Dilip Buildcon gets project worth Rs1470 cr.

The crucial resistance for Nifty spot is now seen at 8150 and above this 8210 Support for the immediate term is now placed at 8040 and next support will be 7930.

UPCOMING RESULTS: INDIACEM, SIMPLEX, FINATECH, SOBHA, SUYAJYOTI.

Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.
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