EquityTips

EquityTips
CapitalStars Investment Adviser: SEBI Registration Number: INA000001647

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Friday, June 2, 2017

Equity Tips

Equity benchmark indices ended the session and the week on a positive note, with the Nifty closing firmly above 9650.

The Sensex ended up 135.70 points at 31273.29, while the Nifty closed higher by 37.40 points at 9653.50. The market breadth was narrow as 1,450 shares advanced against a decline of 1,243 shares, while 162 shares were unchanged.

Hero MotoCorp and Cipla gained the most on both indices, while GAIL, Tata Steel, and BPCL were the top losers.
Midcaps and pharma had a field day and gained for the fourth consecutive session.

HEADLINES OF THE DAY
Dwarikesh Sugar board approves subdivision of shares.
Bayer Cropscience to consider buyback proposal.
Government plans to sell 51.1% stake in HPCL.

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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