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Thursday, 4 August 2016

INDIAN EQUITY MARKET WRAP UP - 04 AUG 2016

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INDIAN BENCHMARKS: SENSEX,NIFTY ENDS FLAT
The market has ended flat with the Nifty up 6.25 points at 8551.10. The Sensex is up 16.86 points at 27714.37. About 1440 shares have advanced, 1262 shares declined, and 163 shares are unchanged.
Tata Steel, Tata Motors, Adani Ports, Bharti Airtel and Hero MotoCorp are top gainers while Asian Paints, Infosys, Lupin, Coal India and Cipla are top losers in the Sensex.

HEADLINES OF THE DAY
Arvind Q1 Consolidated net profit up 33% (YoY).
Motherson Sumi Systems plans to raise Rs3, 500 crore.
NBCC gains on securing order worth Rs250 crore.
The crucial resistance for Nifty spot is now seen at 8650 and above this 8736. Support for the immediate term is now placed at 8515 and next support will be 8475.

UPCOMING RESULTS: BEL, BHARATFORGE, MARICO, QUICKHEAL, VMART, PHIZER, NDTV, JAYSHREETEA.


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1 comment:

  1. A very nice overview on equity market i got to learn here in this post. Equity market offers really high returns if played wisely. For best equity tips join epic research.

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