INDIAN BENCHMARKS: SENSEX ENDS UP 251 POINTS NIFTY AROUND 10900 - 22 Jan 2018


Benchmark indices ended at fresh record closing high, driven by liquidity.
The 30-share BSE Sensex was up 286.43 points or 0.81 percent at 35,798.01 and the 50-share NSE Nifty rallied 71.50 points to 10,966.20.

About 1,588 shares advanced against 1,332 declining shares on the BSE.
Reliance Industries and TCS are only two companies trading with more than Rs 6 lakh crore market capitalization.

HEADLINES OF THE DAY
Tata Steel to raise Rs12, 800cr through rights issue
Dr. Reddy's fined $5mn by US court over drug packaging
Axis Bank Q3 beats estimates; profit jumps 25% to Rs 726 cr, asset quality improves.

The crucial resistance for Nifty spot is now seen at 11000 and above this 11160.Support for the immediate term is now placed at 10880 next support will be 10775.

RESULT TOMORROW: CANFINHOME, EDELWEISS, IBULHSGFIN, IBREALEST, PNBHSGFIN, RBLBANK, MCDOWELL, CROMPTON.

RESULT TOMORROW: CHENNAIPETRO, GRUH, DCMSHRIRAM, ASIAN PAINT, AXIS BANK, DHFL, GNFC, HAVELLS, JUSTDIAL, NAVKARCORP, VAKRANGEE

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