 |
| Capitalstars Financial Research pvt. ltd. |
Last hour buying pushes Sensex in positive territory; Nifty above 10,900.
Sharp buying in last hour helped equity benchmarks end the session with gains of 0.20 percent. The Nifty ended above 10,900.
Barring IT segment, all sectoral indices ended in the green. Major gainers included automobiles, banks, energy, metals and pharma, among others.
At the close of market hours, the Sensex was up 77.01 points or 0.21% at 36347.08, and the Nifty up 20.30 points or 0.19% at 10908.70. The market breadth was positive as 1416 shares advanced, against a decline of 1117 shares, while 160 shares were unchanged.
Sun Pharma, Vedanta, and Bajaj Finance gained the most, while Infosys, Wipro, ZEE and UPL were the top losers.
HEADLINES OF THE DAY
The chief of India's capital market regulator on Tuesday expressed concerns about the slow pace of initial public offerings (IPOs) hitting the market despite approval for filings worth around 600 billion rupees ($8.43 billion).
Equity benchmarks recovered sharply in the last hour, with the Nifty hitting 10,900-mark.
Skipper has secured new orders of over Rs 150 crore for 2500 numbers of Telecom Towers from various telecom operators.
Mindtree has been awarded the, Digital Testing Services Framework II contract and will continue as the BBCas lead application testing partner for a range of its digital products.
The crucial resistance for Nifty spot is now seen at 11100 and above this 11350 Support for the immediate term is now placed at 10790 next support will be 10600.
Get free trial Click here: http://www.capitalstars.com/free-trial
www.capitalstars.com |T:+91-9977499927
No comments:
Post a Comment