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Thursday, January 19, 2017

Equity Tips

INDIAN BENCHMARKS: SENSEX NIFTY END MARGINALLY HIGHER

The market has ended with marginal gains as the Sensex was up 50.96 points or 0.2 percent at 27308.60. The Nifty is up 18.10 points or 0.2 percent at 8435.10. About 1417 shares have advanced, 1322 shares declined, and 303 shares are unchanged.

GAIL, ONGC, Tata Motors, ITC and Bharti were top gainers while Lupin, Axis Bank, Sun Pharma, Wipro and HDFC were losers in the Sensex.

HEADLINES OF THE DAY
Yes Bank Q3 net profit up 31% (YoY).
GAIL (India) surges ahead of board meeting.
Federal Bank Q3FY17 sees strong operating performance.

UPCOMING RESULT: IBULHSGFIN, JSWENERGY, RBL BANK, CANBK, ATUL, JYOTY LAB, RALLIES INDIA, ADANIPOWER, SINTEX, SBBJ, NIITLTD

The crucial resistance for Nifty spot is now seen at 8477 and above this 8595 Support for the immediate term is now placed at 8330 and next support will be 8275.

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