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INDIAN BENCHMARKS: SENSEX ENDS UP 31 POINTS, NIFTY CLOSED ABOVE 9750

Equity Tips

Equity benchmarks erased gains due to profit booking in late trade but still managed to end at fresh record closing highs.

The 30-share BSE Sensex was up 31.45 points at 31,747.09 and the 50-share NSE Nifty rose 15 points to 9,786.05.

The broader markets underperformed benchmarks, with the BSE Midcap and Smallcap indices down 0.8 percent and 0.6 percent, respectively. About 1,561 shares declined against 1,164 advancing shares on the exchange.

HEADLINES OF THE DAY
Torrent Pharma’s Dahej facility receives form 483 with 5 observations.
IndusInd Bank Q1FY18: Strong operating performance.
Reliance Infra receives approval for $1 bn Greenfield Aerospace Park.

UPCOMING RESULT: BAJAJ CORP (TOMORROW), TCS, CYIENT, MCX (DAY AFTER).

The crucial resistance for Nifty spot is now seen at 9800 and above this 9853. Support for the immediate term is now placed at 9718 and next support will be 9650.

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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