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Friday, August 3, 2018



Buying counters were buzzing across all sectors for the market on Friday, which pushed benchmark indices higher. The Sensex ended the day almost 400 points higher, Nifty managed to scale past 11,350.

The Sensex is up 391.00 points or 1.05% at 37556.16, while the Nifty is up 116.10 points or 1.03% at 11360.80. The market breadth is positive as 1,736 shares advanced, 942 shares declined, while 158 shares are unchanged.

Banks, metals and FMCG were the major sectoral gainers, while midcaps too saw a big gain; up almost a percent. Axis Bank, Vedanta, and Indiabulls Housing were the top gainers, while Tata Motors, Hero MotoCorp, and Tech Mahindra have lost the most.

HEADLINES OF THE DAY

Results to be announced tomorrow :- Divis Labs,JSW Holdings,Kovai Medical,Magna Electro,PBM Polytex,Relaxo Footwear,Sandhar Technol,Shilp Gravures,Solitaire Mach,WEP Solutions,Windsor,Wockhardt.

Shares of VIP Industries touched 52-week high of Rs 538, rising 10 percent on the back of strong June quarter numbers.

Titan Q1 PAT jumps 31% to Rs 349.2 crore on good operational show; watch business EBIT up 120%

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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