Equity Tips

header ads

INDIAN BENCHMARKS: SENSEX FALLS 217 POINTS NIFTY HOLDS 9900 MARK

Equity Tips
Equity benchmarks ended lower for third consecutive session Wednesday on further profit booking. Geopolitical tensions hit market sentiment.
The 30-share BSE Sensex was down 216.35 points at 31,797.84 and the 50-share NSE Nifty fell 70.50 points to 9,908.05.

More than three shares declined for every share rising on the BSE.
Banks fell for the second day in a row, with the Nifty Bank down 0.6 percent. ICICI Bank, HDFC Bank, Axis Bank, Kotak Mahindra Bank, IDFC Bank and Bank of Baroda were down between 0.5 percent and 1 percent.

HEADLINES OF THE DAY
Kaveri Seeds Q1 net profit up 31% (YoY).
Bank of India Q1 net profit at Rs87.7 cr.
Ajanta Pharma Q1 consolidated net profit slips 21% (YoY).

UPCOMING RESULT: ADANIPOWER, ADANITRANS, BHARAT FORGE, BHEL, DEPAK FERTILIZER, GAIL, HERITAGEFOOD, KAJARIA, KRBL, MANAPURAMFIN, PTC,PETRONET, SHALIMARPAINT, SPICEJET, UBL, UNIONBANK, VENKYS, ZYDUSWELL.

The crucial resistance for Nifty spot is now seen at 9945 and above this 10030.Support for the immediate term is now placed at 9885 and next support will be 9835.

Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.
CapitalStars Investment Adviser: SEBI Registration Number: INA000001647

Post a Comment

0 Comments