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INDIAN EQUITY MARKET WRAP UP- 14 Feb 2017

Equity Tips

INDIAN BENCHMARKS: SENSEX NIFTY ENDS RANGEBOUND SESSION FLAT

The benchmark indices ended the range bound day on a flat note with Nifty closing below the 8800 mark.The Sensex is down 12.31 points at 28339.31, and the Nifty is down 12.75 points at 8792.30. About 1037 shares have advanced, 1799 shares declined, and 166 shares are unchanged.

GAIL, Bharti Airtel, Reliance Industries, ONGC, ICICI Bank, Idea Cellular and Eicher Motors are the top gainers on the indices, while top losers includes Tata Motors, Hero Motocorp, HUL, Maruti Suzuki, Bajaj Auto, Tata Motors DVR, BPCL and Zee Entertainment.

HEADLINES OF THE DAY
Sun Pharma Cons Net Profit at Rs1, 472 Cr Vs Rs 1,546 Cr YoY.
Tata Motors Q3 Cons Profit at Rs112 Cr Vs Rs2, 952.7 Cr.
Apollo Hosp Q3: Net Profit at Rs72.8 Cr Vs Rs122.3 Cr.

UPCOMING RESULT: CESC, NESTLEIND, ASAHI INDIA

The crucial resistance for Nifty spot is now seen at 8845 and above this 8890 Support for the immediate term is now placed at 8730 and next support will be 8670.

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