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Thursday, 13 December 2018

MARKET WRAP UP 13-DEC-2018



Closing Bell: Sensex ends 150 pts higher, Nifty below 10,800; auto, bank stocks top gainers.


Benchmark indices ended the volatile session on positive note on Thursday with Nifty ended below 10,800 level.
The Sensex was up 150.57 points or 0.42% at 35929.64, while Nifty was up 53.90 points or 0.50% at 10791.50. About 1470 shares have advanced, 1055 shares declined, and 135 shares are unchanged. 
Wipro, Kotak Mahindra Bank, Infosys, Maruti Suzuki and Tata Motors are the top gainers on the Sensex, while Yes Bank, Sun Pharma, TCS, Tata Steel and Coal India are among major losers. 


HEADLINES OF THE DAY



TVS Motor Company said it rolled out the 50,000 unit of the BMW 310cc motorcycle. The motorcycle was rolled out from the Hosur plant of the company.

Steel Strips Wheels bagged their largest repeat exports order for truck & trailer Aftermarket from USA.
Yes Bank Corrects Further After Board Meeting :- The bank's Nomination & Remuneration Committee (N&RC) and board of directors have finalised the recommendation for non-executive part-time chairman position and will be promptly seeking requisite approvals from the Reserve Bank of India.



The crucial resistance for Nifty spot is now seen at 10880 and above this 10960 Support for the immediate term is now placed at 10680 next support will be 10520.


Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance. CapitalStars Investment Adviser: SEBI Registration Number: INA000001647

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