EquityTips

EquityTips
CapitalStars Investment Adviser: SEBI Registration Number: INA000001647

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Thursday, March 9, 2017

Equity Tips
Equity benchmarks closed flat after volatility, especially ahead of outcome of exit polls of assembly elections in five states due later today.

The 30-share BSE Sensex was up 27.19 points at 28929.13 and the 50-share NSE Nifty gained 2.70 points at 8927.The market breadth remained positive as about 1632 shares declined against 1176 advancing shares on the BSE. SBI, Maruti Suzuki, Axis Bank, Tata Motors and Asian Paints gained 1-1.5 percent while Dr Reddy's Labs, Adani Ports, ONGC, Wipro, GAIL and Tata Steel fell 1-5 percent.

HEADLINES OF THE DAY
Lupin introduces pain relief drug in US.
Adani Ports raises funds via NCDs.
Dr Reddy's needs a doctor; stock hits 52-Week low.

The crucial resistance for Nifty spot is now seen at 8980 and above this 9020 Support for the immediate term is now placed at 8900 and next support will be 8865.

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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