CapitalStars Updates: INDIAN EQUITY BENCHMARKS MARKET WRAPUP

INDIAN EQUITY BENCHMARKS fell nearly 1 percent on Tuesday after Sun Pharmaceutical Industries slumped more than 15 percent, its steepest daily decline, after the company warned that its sales in 2016 would be flat at best. The S&P BSE Sensex and CNX Nifty ended 0.84%-0.86% lower each.

Headlines for the day:

• Infosys Q1FY2016 surges on strong volume growth and FY2016 guidance
• HDFC Bank Q1 Profit In-Line with Estimates: Stable Qtr
• Asian Paints Q1 margins beats estimate; Consolidated Net Profit at Rs455 cr
• Ibulls Housing consolidated Q1 net profit comes at Rs511 crore

Results on July 21, 2015

• CEAT, Bajaj Finance, Container Corporation, PVR, KPIT Technologies, United Breweries, Muthoot Finance, JSW Energy, TV18 Broadcast, Network 18 Media, Bajaj Finserv, SKS Microfinance, Bharti Infratel.

The crucial resistance for Nifty is now seen at 8655 and above this 8705. Support for the immediate term is now placed at 8525 and next support will be 8495.

CapitalStars Financial Research Private Limited is an advisory company incepted with a vision of providing fair and accurate trading and investment calls in share and commodity market. CapitalStars also aveliable on social network

• CapitalStars Twitter
• CapitalStars Linkedin
• CapitalStars Facebook

CapitalStars is a research house and an investment advisory company carrying out operations in the Indian Equities and commodity market. We generate intraday as well as delivery calls in Stock cash and F&O in NSE & BSE, Commodities including bullions, metals & Agro- commodities traded in MCX and NCDEX.

www.capitalstars.com | T:+91-731-6790000,6669900

CapitalStars Financial Research Financial Advisory Services