Tuesday, July 31, 2018

Nifty, Sensex end at record closing high; RIL, Tech Mahindra top gainers

The benchmark indices continue their uptrend on fourth day with Sensex and Nifty ending at record closing high, supported by IT, energy, metal and pharma stocks.

The Sensex closed up 112.18 points at 37606.58, while the Nifty ended up 37 points at 11356.50.

The market breadth was positive, about 1458 shares have advanced, 1163 shares declined, and 165 shares are unchanged.

Midcap and Smallcap index have performed inline with benchmark indices.

Reliance Industries, Hero Motocorp, HUL, Adani Ports, Tech Mahindra, Dr Reddys Labs are the top gainers on the indices.


Results to be announced tomorrow :- Aditya Birla F,Apollo Tyres,Astec Life,Exide Ind,Gateway Distri,Gravita India,HEG,Indoco Remedies,Jindal Saw,Orient Cement,Orient Paper,Pidilite Ind,Reliance Infra,Tata Global Bev,Torrent Power.

DCM Shriram Q1 profit down 6% at Rs 218 cr, income up marginally.

Dabur Q1 net profit jumps 25% at Rs 329.2 crore; volume growth at 21%.

GDP may moderate to 7.2% in 2nd half of 2018: Report.

The crucial resistance for Nifty spot is now seen at 11400 and above this 11550 Support for the immediate term is now placed at 11180 next support will be 11090.

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