EquityTips

EquityTips
CapitalStars Investment Adviser: SEBI Registration Number: INA000001647

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Thursday, June 22, 2017

Equity Tips

Equity benchmarks started off day on a positive note Thursday, with the Sensex hitting a record high of 31,522.87 (up 239 points intraday) but failed to hold those gains in last hour of trade.

The 30-share BSE Sensex was up 7.10 points at 31,290.74 and the 50-share NSE Nifty was down 3.60 points at 9,630.

Weak global cues and the sell on rally strategy by traders caused profit booking in late trade while investors cautiously awaited GST implementation effective from July 1.

HEADLINES OF THE DAY
Lupin drops as Pithampur plant gets 6 observations.
PVR to invest Rs1, 000 crore to open 400 screens by 2020.
Grasim surges on approval for demerger with ABFSL.

The crucial resistance for Nifty spot is now seen at 9710 and above this 9750.Support for the immediate term is now placed at 9590 and next support will be 9500.

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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