EquityTips

EquityTips
CapitalStars Investment Adviser: SEBI Registration Number: INA000001647

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Tuesday, May 2, 2017

Equity Tips

Equity benchmarks ended the session on a flat note, after witnessing a volatile trading day as the Street swung higher by 150 points, before consolidating.

The Sensex was up 2.78 points at 29921.18, while the Nifty was up 9.75 points at 9313.80. The market breadth was negative as 1,358 shares advanced against a decline of 1,546 shares, while 153 shares were unchanged.

HDFC, ONGC and Indiabulls Housing Finance were top gainers, while Lupin, Bharti Airtel and Tata Motors DVR lost the most.

HEADLINES OF THE DAY
Dr Reddy’s issues Form 483 with 11 observations.
Maruti Suzuki reports record high sales for April 2017.
Dabur India’s consolidated net sales down 4.7%.

UPCOMING RESULTS: AJANTAPHARMA, ALEMBIC PHARMA,  DHFL, ICICI BANK,  VMART,  ZANDU, KPR MILL,  INTELLECT

The crucial resistance for Nifty spot is now seen at 9390 and above this 9440.Support for the immediate term is now placed at 9230 and next support will be 9170.

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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