GIVE MISS CALL ON :- +91 99774 99927

INDIAN EQUITY MARKET WRAP UP – 13 SEP 2017

market-wrap-up

INDIAN BENCHMARKS: SENSEX TRIMS POST GAIN, NIFTY ENDS IN RED

Marking a sharp shift from the day’s trade trends, benchmark indices trimmed most of their gains, while the Nifty managed to end above 10,050.

The Sensex closed up 27.75 points at 32186.41, while the Nifty ended lower by 13.75 points at 10079.30. The market breadth was negative as 1,023 shares advanced against a decline of 1,580 shares, while 156 shares were unchanged.

Midcaps saw some correction after days of rally, while frontline indices barring pharma and energy, among others, were trading largely flat.

Sun Pharmaceuticals, Reliance, Tata Power and Sun Pharma were the top gainers on both indices, while ITC, Cipla, BPCL and IOC lost the most.

HEADLINES OF THE DAY

  • ITC plummets despite plan to foray into vegetables segment.
  • Idea Cellular gains post block deal.
  • Bharat Forge fixes record date for bonus issue.

The crucial resistance for Nifty spot is now seen at 10140 and above this 10210. Support for the immediate term is now placed at 10030 and next support will be 9985.

Commodity Market Tips , MCX Tips,  Nifty Options TipsEquity Tips , Intraday Stock Tips Free Trading Tips , Sebi Regsitred Advisory Company

CapitalStars Provides Free Trial To Our Client…

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

Leave a Reply

Your email address will not be published. Required fields are marked *

Checking...

Ouch! There was a server error.
Retry »

Sending message...

FREE TRIAL REQUEST


CapitalStars FORUM