Monday, 8 February 2016

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INDIAN BENCHMARKS MARKET WRAP-UP UPDATES

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INDIAN BENCHMARKS: SENSEX ENDS 330 POINTS LOWER, NIFTY 50 BELOW 7400

The domestic equity market ended in the red on Monday following weak cues from the European market.
The market was cautious ahead of the crucial gross domestic product data, which is due later in the day. The indices were flat for most part of the day, but in the last one hour of trade, the market witnessed brisk selling. 
The 30-share BSE Sensex closed at 24,287.42, down 1.34 per cent or 329.55 points. The NSE's Nifty Trading Tips 50 index ended at 7,387.25, down 1.36 per cent or 101.85 points. 

UPCOMING RESULTS TOMORROW:

PNB, SAIL, APOLLOTYRE, BHARAT FORGE, AURO PHARMA, CESC, BRITANNIA, DR REDDY, GAIL, HINDALCO, MOTHERSUMI, PETRONET

HEADLINES OF THE DAY

  • Jet Airways Q3 profit at record high
  • PTC India reports Strong Q3 earnings
  • Piramal Enterprises Q3 consolidated net profit at Rs322 cr (YoY)

The crucial resistance for Nifty SPOT is now seen at 7456 and above this 7542.Support for the immediate term is now placed at 7336 and next support will be 7250.

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1 comment:

  1. investment adviser8 July 2016 at 23:47

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