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EquityTips
CapitalStars Investment Adviser: SEBI Registration Number: INA000001647

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Wednesday, June 28, 2017

Equity Tips

Equity benchmark indices ended the session on a sluggish note, as frontline indices ended in the red for the second straight day. Cautious stance by the investors ahead of derivatives expiry on June 29 could have kept the market in check.

The Sensex closed down 123.93 points at 30834.32, while the Nifty ended lower by 20.15 points at 9491.25. The market breadth was negative as 1286 shares advanced against a decline of 1336 shares, while 172 shares were unchanged.

Reliance and Asian Paints were the top losers for the day, while Tata Steel, Bharti Airtel, Tech Mahindra and Yes Bank gained the most.

HEADLINES OF THE DAY
Capital First gains on fund raising.
Motherson approves issue of bonus shares.
Fortis gains as arm to list on bourses in August.

The crucial resistance for Nifty spot is now seen at 9560 and above this 9630.Support for the immediate term is now placed at 9472 and next support will be 9420.

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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