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Thursday, February 9, 2017

Equity Tips

INDIAN BENCHMARKS: SENSEX NIFTY ENDS HIGHER AMID CONSOLIDATION

Benchmark indices closed higher amid consolidation Thursday, with the Sensex rising 39.78 points to 28329.70. The Nifty failed to hold 8800 level, though it gained 9.35 points at 8778.40.

TCS, HCL Technologies, Tech Mahindra, ITC, M&M and Bharti Infratel rallied 1-2 percent. Tata Steel, Cipla, PNB and L&T were down 1-3.5 percent.

HEADLINES OF THE DAY
Bank of India Q3 FY17: Treasury helps profits.
Havells enters personal grooming products.
Lupin Q3FY2017: Sales and operating profit better than expectation.

UPCOMING RESULT: ALKEM, BANKBARODA, BEML, BERGER PAINT, BOSCH, CESC, CROMPGREAV, CHAMBALFERT, GAIL, DENABANK, HINDZINC, IPCA, M&M, RELCAP, SUNTV, TATAPOWER,

The crucial resistance for Nifty spot is now seen at 8810 and above this 8885 Support for the immediate term is now placed at 8670 and next support will be 8595.

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