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INDIAN BENCHMARKS: SENSEX ENDS UP 112 POINTS, NIFTY ENDS ABOVE 10450

Equity Tips
Equity benchmarks ended at fresh record closing high on Friday, driven by banks after PNB earnings.
The 30-share BSE Sensex was up 112.34 points at 33,685.56 and the 50-share NSE Nifty rose 28.70 points to 10,452.50.
About 1,429 shares advanced against 1,316 declining shares on the BSE.

BHEL, Axis Bank and Tata Power gained the most on both indices, while Sun Pharma, BPCL and Coal India were the top losers.

HEADLINES OF THE DAY
Punjab National Bank Q2FY18 standalone net profit rises 2% yoy to Rs.560.50 crore
Tata Power Company Q2FY18 consolidated net profit declines 43.6% yoy.
Hindalco Industries Q2FY18 standalone net profit declines 10.5% yoy to Rs.392 crore.

The crucial resistance for Nifty spot is now seen at 10500 and above this 10630.Support for the immediate term is now placed at 10405 and next support will be 10350.

UPCOMING RESULTS: MOTILAL OSWAL, CENTURYTEX, INDIANB, HUDCO, KEC, JUSTDIAL, REC, TORRENT POWER.

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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