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CapitalStars Investment Adviser: SEBI Registration Number: INA000001647

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Thursday, June 8, 2017

Equity Tips

Benchmark indices ended the session on a negative note, with the Nifty closing below 9650-mark.

The Sensex closed down 57.92 points at 31213.36, while the Nifty was lower by 16.65 points at 9647.25. The market breadth as negative as 1,326 shares advanced against a decline of 1,354 shares, while 177 shares were unchanged.

Pharma stocks Dr Reddy’s Labs and Sun Pharma gained the most, while GAIL and TCS were the top losers on both indices.

HEADLINES OF THE DAY
CLSA upgrades JSW Steel to buy.
Biocon fixes record date for bonus issue.
Petronet LNG falls as GDF offers 7.5 crore shares for sale.

The crucial resistance for Nifty spot is now seen at 9700 and above this 9762.Support for the immediate term is now placed at 9605 and next support will be 9550.

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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