After
a lot of struggle, the market has ended in green. The Sensex was at 27859.60,
up 84.72 points or 0.3 percent while Nifty closed at 8592.15, up 16.85 or 0.2
percent.
SBI
was down 2 percent while Adani Ports, M&M, GAIL and Sun Pharma were losers
in the Sensex while Lupin, ITC, ICICI Bank, Reliance and Asian Paints were
losers in the Sensex.
HEADLINES OF THE DAY
IRB Infrastructure Q1 consolidated net profit up 10% (YoY).
Q1 net profit of RECL down by 4% at Rs1421 cr (YoY).
Q1 net profit of RECL down by 4% at Rs1421 cr (YoY).
The
crucial resistance for Nifty spot is now seen at 8636 and above this 8671.
Support for the immediate term is now placed at 8565 and next support will be
8515.
UPCOMING
RESULTS:
SUNPHARMA.CIPLA,
DIVIS LAB, GLENMARK, JET AIRWAYS, HINDALCO, NMDC, SBIN, ORIENTBANK, UNITED
SPIRIT,ABAN,ALKEM,BAJAJELEC,BOSCHLTD,SHALIMAR PAINTS
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