flying bird

Tricks and Tips

Thursday 23 August 2018

Tepid end on D-Street! Sensex ends mildly higher, Nifty above 11,550; banks, metals fall.

03:54  , , , , , ,  2 comments
CAPITALSTARS MARKET WRAP UP UPDATE
After clinching fresh milestones in the morning, shares had a sort of an anti-climax ending as benchmarks managed to end the day on a subdued note. While IT, pharma 

and FMCG gained big, weakness in banks, metals and auto offset the positive upmove and pushed indices to flat lines. The Nifty managed to end the day above 11,550, but 

below 11,600 that it hit for the first time. 
Metals and PSU banks were among the biggest losers, while pharma, IT, and infra, among others soared big. Among broader markets, midcap indices ended marginally in the 

red. 
Among stocks, Larsen & Toubro, NTPC, and Tech Mahindra were the top gainers, while Tata Motors, Vedanta, and BPCL lost the most.


HEADLINES OF THE DAY

Mahanagar Gas slips 5% as promoter to sell 14% stake via block deal.
RIL hits market capitalisation of Rs 8 lakh crore; stock touches fresh record high.

The crucial resistance for Nifty spot is now seen at 11600 and above this 11750 Support for the immediate term is now placed at 11450 next support will be 11250.

LICK HERE FOR GET DETAILS & JOIN OUR BEST ADVISORY  -
CAPITALSTARS CALL US : 9977499927

2 comments:

Subscribe to: Post Comments (Atom)