CapitalStars Investment Adviser: SEBI Registration Number: INA000001647

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Thursday, July 6, 2017

Equity Tips

Equity benchmark indices ended the session on a positive note, but it trimmed some of its gains from the afternoon session. The Nifty ended above 9650-mark after clocking 9700 during the day’s trade.

The Sensex closed up 123.78 points at 31369.34, while the Nifty ended 36.95 points higher at 9674.55. The market breadth was narrow as 1529 shares advanced against a decline of 1179 shares, while 133 shares were unchanged.

State Bank of India, ITC, and Bharti Infratel gained the most, while Baja Auto, Mahindra and Mahindra and Hindalco lost the most.

Jubilant Life Sciences gets USFDA nod for anti-depressive drug.
SBI surges on plans to come out with IPO for SBI Life.
IRB Infra achieves financial closure of road project.

The crucial resistance for Nifty spot is now seen at 9720 and above this 9755. Support for the immediate term is now placed at 9650 and next support will be 9595.

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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