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Tuesday, 19 January 2016

INDIAN EQUITY MARKET WRAP UP - 19 JAN 2016


INDIAN BENCHMARKS: SENSEX END 291 POINTS HIGHER, NIFTY AT 7435

The domestic equity benchmark of the Bombay Stock Exchange, the Sensex, gain 291 points or 1.25 per cent to close at 24,479.84 on Tuesday. The NSE's Nifty settled at 7,435.10, up 84.10 points, or 1.14 per cent.

AXIS BANK, ADANI PORT, TATAMOTORS, LT & ICICI BANK were the top gainers while M&M, TECHM, WIPRO, and MARUTI were among the top losers for the day.

UPCOMING RESULTS TOMORROW:
AXISBANK, DHFL, GATI, ULTRATECHMO, RELINFRA, IBULHSGFIN, JSWENERGY, TATATAELXSI


HEADLINES OF THE DAY
Asian Paints Q3 consolidated net profit at Rs463 Cr.
Mercator to exit dry bulk shipping biz.
HCL Tech Q2FY16 results update: Inline performance.

The crucial resistance for Nifty SPOT is now seen at 7465 and above this 7490.Support for the immediate term is now placed at 7364 and next support will be 7229.





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