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INDIAN BENCHMARKS: SENSEX NIFTY ENDS AT RECORD CLOSING HIGH

Equity Tips

It was a day of broader markets as the Midcap and Smallcap indices rallied more than 1 percent on Monday, though equity benchmarks ended at fresh record closing high, supported by index heavyweights Reliance Industries and HDFC Bank.

The 30-share BSE Sensex rose 108.94 points to 33,266.16 and the 50-share NSE Nifty gained 40.70 points at 10,363.70.
The market breadth was strong as about two shares advanced for every share falling on the NSE.

HEADLINES OF THE DAY
Cadila Healthcare gains after Zydus gets USFDA approval for skin ointment
Jet Airways surges 8%; ouster of foreign pilots seen cutting costs
UPL Q2FY18 consolidated net profit rises 43.4% yoy : Misses Estimates

The crucial resistance for Nifty spot is now seen at 10420 and above this 10500.Support for the immediate term is now placed at 10340 and next support will be 10260.

UPCOMING RESULTS: AJANTA PHARMA, BHARTI, CAPF, CHOLAMANDALAM, DABUR,DIVIS,DR REDDY, ESCORT, IDBI BANK, INDIGO, JSWSTEEL, KPIT, STAR, SYNDIBANK, SINTEX, DBCORP

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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