EquityTips

EquityTips
CapitalStars Investment Adviser: SEBI Registration Number: INA000001647

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Wednesday, February 1, 2017

Equity Tips

The market has ended on a higher note after Finance Minister Arun Jaitley presented Union Budget 2017. The Sensex ended up 471.67 points or 1.7 percent at 28127.63, and the Nifty was up 152.95 points or 1.8 percent at 8714.25.

About 1923 shares have advanced, 890 shares declined, and 130 shares are unchanged.

Maruti, SBI, ICICI Bank, M&M and ITC were gainers while TCS, Infosys, Sun Pharma, ONGC and NTPC were losers in the Sensex.

HEADLINES OF THE DAY
Maruti Sales up 27% at 1.44 lakh Vs 1.13 lakh units (YoY).
Apollo Tyres Q3 consolidated net profit up 6% (YoY).
Eicher Motors Q3 consolidated net profit up 50% (YoY).

UPCOMING RESULT: DR LALPATH, VIJAYA BANK, GODFREY PHILIP, AEGIS, ATLAS, GABRIEL, GLENAMRK, GOREJPROP, MARICO, TIMKEN

The crucial resistance for Nifty spot is now seen at 8750 and above this 8810 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.
CapitalStars Investment Adviser: SEBI Registration Number: INA000001647
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