GIVE MISS CALL ON :- +91 99774 99927

CAPITALSTARS INDIAN EQUITY MARKET WRAP UP – 18 MAR 2019

Market-Wrap-Up
Closing Bell: Nifty ends above 11,450, Sensex gains 70 points; OMCs gain.

The last hour buying helped the market to end higher on Monday with Nifty finished above 11,450 level.
At the close, the Sensex was up 70.75 points at 38095.07, while Nifty was up 35.30 points at 11462.20. About 1132 shares have advanced, 1545 shares declined, and 173 shares are unchanged.
HPCL, IOC, Bajaj Finance, BPCL and JSW Steel were the top gainers on the Nifty, while losers include Maruti Suzuki, Hero Motocorp, Wipro, Bharti Airtel and HCL Tech.
Among the sectors, IT and auto index remained under pressure throughout the day as they slipped 1 percent each, while some buying was seen in the metal, energy, FMCG and bank names.

HEADLINES OF THE DAY
NLC India declares dividend: Board of directors of the company declared an interim dividend of 45.30 percent (Rs 4.53 per equity share) for the financial year 2018-19.
Essar Steel case: NCLAT directs for implementation of Arcelor resolution plan. NCLAT granted conditional nod to Arcelor’s Rs 42,000 crore bid for company, reported CNBC-TV18.
Bharat Dynamics approved payment of first interim dividend for the Financial Year 2018-19 at Rs 5.25 per share of the face value of Rs 10 each.

The crucial resistance for Nifty spot is now seen at 11600 and above this 11750 Support for the immediate term is now placed at 11400 next support will be 11280.

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

Leave a Reply

Checking...

Ouch! There was a server error.
Retry »

Sending message...

FREE TRIAL REQUEST


CapitalStars FORUM