Wednesday, July 29, 2015

CapitalStars Updates: INDIAN EQUITY BENCHMARKS MARKET WRAPUP

INDIAN EQUITY BENCHMARKS snapped a four-day losing streak to end higher on Wednesday as investors churned positions in favour of exporters, including defensive stocks on caution ahead of the outcome of the U.S. Federal Reserve's policy meeting. The S&P BSE Sensex and CNX Nifty ended 0.38%-0.46% higher each.

Headlines for the day: 
  • Allahabad Bank Q1 net profit up 30%; asset quality improves
  • Yes Bank Q1 net profit In-Line
  • Dabur Q1 earnings in line with estimates
  • Vedanta Q1 beats estimate; consolidated net profit at Rs866 cr 
Results on July 24, 2015
  • GSFC, HDFC, Tata Communications, PI Industries, Pidilite Industries, Thermax, IDBI Bank, Union Bank of India, Maruti Suzuki, Syndicate Bank, Bank of India, Shriram City Union Finance, PNB, Dish TV.
The crucial resistance for Nifty is now seen at 8425 and above this 8475. Support for the immediate term is now placed at 8325 and next support will be 8285.

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 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.
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