MARKET WRAP-UP


INDIAN BENCHMARKS: SENSEX ENDS FLAT,NIFTY BELOW 10600

The market began the week on a good note, but have ended flat now. The Nifty managed to breach 10,600-mark.

The Sensex is up 35.19 points at 34450.77, while the Nifty is up 20.70 points at 10584.70. The market breadth was narrow as 1391 shares advanced, against a decline of 1290 shares, while 165 shares are unchanged.

IndusInd Bank and Mahindra & Mahindra were the top gainers, while HDFC Bank, Hero MotoCorp, Indiabulls Housing, and Hindalco were the top losers.


 HEADLINES OF THE DAY

Motherson Sumi could go in for 3 acquisitions to achieve its FY2020 vision
Aurobindo’s Unit 1 clears USFDA audit with zero observations
Lupin receives final approval to gXenazine.

The crucial resistance for Nifty spot is now seen at 10640 and above this 10690. Support for the immediate term is now placed at 10450 next support will be 10300.


UPCOMING RESULTS: 

BHARTI, DCMSRIRAM, GICHSGFIN, ICICIPRULI, PERSISTENT, OBEROIRLTY, RAYMOND, TV18, TINPLATE, IDFCBANK, NETWORK18, ZENSARTECH


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