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INDIAN BENCHMARKS: SENSEX NIFTY ENDS HIGHER AFTER RANGE-BOUND SESSION

Equity Tips,

Benchmark indices closed range bound session higher on Monday after the GST Council finalized rates for some commodities and looked confident of GST rollout on July 1.

The 30-share BSE Sensex was up 36.20 points at 31,309.49 and the 50-share NSE Nifty rose 21.60 points to 9,675.10.

About 1445 shares advanced against 1264 declining shares on the BSE.
TCS, Bajaj Auto, Adani Ports, Cipla, L&T, Indiabulls Housing, Yes Bank, Bharti Infratel and IOC were leading gainers whereas Coal India, GAIL, Dr Reddy's Labs, Infosys, Lupin and UltraTech Cement were under pressure.

HEADLINES OF THE DAY
BEL eyes deal for 7 more Navy missile systems.
Jewellery stocks jump: Titan at new high.
Cadila gets USFDA nod to market Mirtazapine.

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.
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