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Sensex, Nifty end range bound session flat after RBI policy

Equity Tips
India's benchmark 10-year bond yield rose as much as 25 basis points after the central bank kept the policy rate on hold for a second meeting in a row and changed its stance from "accommodative" to "neutral." Benchmark indices ended range bound session on a flat note after the RBI maintained status quo and changed policy stance to neutral from accommodative. The Sensex was down 45.24 points at 28289.92 and the Nifty gained 0.75 points at 8769.05.

HEADLINES OF THE DAY
Bank of Baroda secures second position. The stock has gained 8.09% in the past seven days.
Bharat Heavy Electricals Ltd., is on the top position. The stock has gained 8.72% in the past seven days
Star Ferro Q3FY2017: Muted operational performance

UPCOMING RESULT: ABB INDIA, ANDHRA BANK, AUROBINDO PHARMA, BAJA GLOBAL, BANK OF INDIA, BATA INDIA, BPCL, CARIN INDIA, CAPITAL TRUST, EDELWEISS, ESCORT, JKTYRE,  LUPIN

RESISTANCE & SUPPORT OF NIFTY AND BANK NIFTY FOR TOMORROW

In next trading session nifty futures have resistance 8855. After crossing this level it can reach up to the level of 8875. In the downside nifty futures has support near 8725. After breaking this support it can slip till level of 8675.

The bank nifty futures have resistance 20555 after crossing this level it can reach up to the level of 20625. In the downside nifty futures has support near 20275 after breaking this support it can slip till level of 20175.

Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.
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