Gripped by volatility through the day on the back of escalating tensions on the North Korean front, benchmark indices ended the week on a flat note, with the Nifty ending above 10,050.
The Sensex closed up 30.68 points at 32272.61, while the Nifty ended down by 1.20 points at 10085.40. The market breadth was negative as 1099 shares advanced against a decline of 1466 shares, while 154 shares were unchanged.
Midcaps ended on a flat note, while other Nifty sectoral indices ended in the red, barring Nifty IT. The index closed almost a percent higher.
Among stocks, ONGC and Bajaj Auto were the top gainers on both indices, while BHEL, Dr Reddy’s Laboratories and IndusInd Bank were the top losers.
HEADLINES OF THE DAY
UK drug maker Indivior files patent lawsuits against Dr Reddy’s Lab.
Coal India gains on diversification plan.
IndusInd Bank partners with ADB to provide loans to rural women.
The crucial resistance for Nifty spot is now seen at 10140 and above this 10210. Support for the immediate term is now placed at 10030 and next support will be 9985.
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
Visit Here- http://www.capitalstars.com/
0 Comments