Tuesday, August 7, 2018

D-Street takes a breather after hitting record high! Sensex ends flat, Nifty gives up 11,400

It was a range bound day of trade for the market on Tuesday, as traders chose to take a breather after gains in the past two sessions. The Nifty managed to end the day below 11,400-mark.

The Sensex is down 26.09 points or 0.07% at 37665.80, while the Nifty is up 2.40 points or 0.02% at 11389.50. The market breadth is narrow as 1,243 shares advanced, against a decline of 1,448 shares, while 163 shares were unchanged.

Among sectoral indices, banks, energy, infra and FMCG names were the top losers, while metals saw a sharp rise, ending over a percent higher. The Nifty Midcap index is down over quarter of a percent.

Tata Steel, Asian Paints, and Titan Company gained the most, while Adani Ports and Coal India were the top losers.


Results to be announced tomorrow :- 8K Miles Soft,20 Microns,Abhinav Capital,APL Apollo,Apollo Pipes,Balrampur Chini,BEML,Blue Star,BPCL,Centum Electron,Cipla,City Union Bank,EID Parry,Emami Infra,Forbes Gokak,Gabriel India,Goodyear,Greenply Ind,Hindoostan Mill,Hitech Corp,HPCL,Indian Bank,IVP,JL Morison,Lakshmi Elec,Lupin,Minda Corp,Natco Pharma,NDTV,NESCO,NMDC,PanasonicCarbon,PNB Housing Fin,S Chand and Co,Sadbhav Infra,Siemens,Thermax.

Credit Access Grameen IPO to open on August 8.

Motherson Sumi Systems Q1 profit surges 57% to Rs 482 cr, revenue grows 24%.

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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