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INDIAN BENCHMARKS: SENSEX RALLIES 118 POINTS, NIFTY ENDS ABOVE 10300

Equity Tips

Frontline indices ended the session on a positive note, but erased a chunk of its gains. The Sensex ended over 100 points higher.
The Sensex ended up 118.45 points at 33478.35, while the Nifty closed higher by 28.10 points at 10326.90. The market breadth was positive as 1463 shares advanced against a decline of 1215 shares, while 168 shares were unchanged.

DRL, Sun Pharma and Cipla were the top gainers, while Coal India, Kotak Mahindra and Indiabulls Housing lost the most.

HEADLINES OF THE DAY
Bharati Airtel partners with Erricson to develop the 5G technology.
Dr Reddy’s rises 5%; USFDA says Duvvada unit status unchanged.
Canara Bank gets nod to divest stake in domestic subsidiaries.

The crucial resistance for Nifty spot is now seen at 10380 and above this 10430.Support for the immediate term is now placed at 10260 and next support will be 10125.

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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