flying bird

Tricks and Tips

Wednesday 21 August 2019

CAPITALSTARS WEDNESDAY MARKET WRAP UP NEWS UPDATE : 21 AUGUST 2019

CapitalStars Investment Adviser

Closing Bell: The Sensex was down 267.64 points at 37,060.37, while Nifty was down 98.30 points at 10,918.70.

After trading sideways for most of today's session, benchmark indices ended near the day's low with the Nifty closing below 11,950 levels. At Close, the Sensex was down 267.64 points at 37,060.37, while Nifty was down 98.30 points at 10,918.70. About 653 shares have advanced, 1800 shares declined, and 144 shares are unchanged. Hero Motocorp, Maruti Suzuki, Infosys, Tech Mahindra and HUL were among major gainers on the Nifty, while losers were Tata Motors, Indiabulls Housing, Yes Bank, Grasim Industries and Tata Steel. All the sectoral indices ended lower led by the metal, PSU bank, energy, infra, FMCG, auto, pharma and IT.

HEADLINES OF THE DAY

Gati slips after rating agency revises outlook on long term loans to negative The rating agency also downgraded the rating on short term bank facilities (Rs5cr) to A3 from A3+ earlier.

Markets close lower; Nifty Bank plummets in today's trade Nifty PSU Bank index closed ~3% lower as a sharp selloff was seen in Bank of Baroda & SBI.

Nestle India soars 5% as brokerages expect co. to be included in Nifty Brokerages expect the stock to be included on the index after the NSE announced changes to the criteria for inclusion of stocks on the Nifty index.

The crucial resistance for Nifty spot is now seen at 11050 and above this 11200 Support for the immediate term is now placed at 10800 next support will be 10700.

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


0 comments:

Post a Comment