INDIAN EQUITY MARKET WRAP UP – 20 APR 2017
INDIAN BENCHMARKS: SENSEX CLOSES IN GREEN, NIFTY ABOVE 9100
Benchmark indices ended the day on a positive note, along with a rally in midcaps.
The Sensex was up 85.82 points at 29422.39, while the Nifty was up 32.90 points at 9136.40. The market breadth was positive, but narrow, as 1,813 shares advanced against a decline of 1,054 shares, while 174 shares were unchanged.
GAIL, Adani Ports, Grasim Industries and Bank of Baroda were top gainers on both the indices, while ICICI Bank, Axis Bank and Yes Bank were the top losers.
The Bank Nifty closed lower by 0.30 percent at 21,491.
HEADLINES OF THE DAY
- Maruti to launch new Swift Dzire on 25th May, bookings open.
- Jay Bharat spurts on stellar Q4FY17 net profit.
- Godrej Properties rises on plans to sell assets and raise Rs1500 crore.
UPCOMING RESULTS: HDFCBANK,TATA METALLIC,ACC,TINPLATE
The crucial resistance for Nifty spot is now seen at 9205 and above this 9251.Support for the immediate term is now placed at 9100 and next support will be 9025.
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