Thursday Market Equity Daily Report Update

MARKET HIGHLIGHTS

  • Nifty ended 10651.20 UP 19.00 and Sensex 34503.49 UP 70.42 points
  • RBI net buys $864 mn of US currency in November
  • India’s 2017 oil demand growth posts lowest gain since 2013
  • GAIL to extend Urja Ganga gas pipeline to Guwahati
    Bank of Baroda plans to sell stake in Nainital Bank to raise capital
  • Lupin eyes $54-billion complex generics market in US to fight intense competition
  • Expect ‘V’ brand bike sales to increase to 15000 units per month: Bajaj Auto

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Stock To Watch For Friday Market 12th-Jan-2018

GRANULES FUTURE

We recommended traders to BUY GRANULES FUT above 148 level and target of 150-154 may achieved with a stop loss of 145.

GRANULES FUTURE

 CAPF

We recommended traders to BUY CAPF above 840 level and target of 846-855 may achieved with a stop loss of 830.CAPF

For Free Trial or Trading Tips, Please Visit www.marketmagnify.com or Give us a Missed Call on 7879881122.

Thursday Market Commentary By MarketMagnify

Indian equity benchmark indices started today session on flat note tracking negative global cues and after that trade in consolidate to bullish phase for most of the day and Nifty future closed at record high of 10659.75. ity and sideways movement from previous 2 days. For first time Nifty future manage to close above 10650 on 4th attempt, which is positive for the market but Bank Nifty future trades below its resistance level of 25800. Benchmark Indices closes on positive note as Sensex closed at 70.42 points up at 34503.49 and Nifty future closed at 22.70 points up at 10659.75. Market breath was positive as 848 shares gained while 728 shares losses in NSE and 63 shares remained unchanged. » Read more

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