CapitalStars Updates:
INDIAN EQUITY BENCHMARKS rose about 2
percent, heading towards its biggest single-day gain in seven months as the
rupee recovered from a 23-month low, while hopes that the central bank might
cut rates in its September meeting also helped. The S&P BSE Sensex and CNX
Nifty ended 1.88%-1.95% higher each.
Headlines for the day:
- July WPI sees sharp
contraction
- Hindalco Industries Q1 net profit down 67% (YoY)
- SAIL Q1 disappoints street; net loss at Rs321.64 crore
- Jet Airways spurts on turnaround in Q1 nos
- Reliance Capital Q1 consolidated net profit up 23% (YoY)
The crucial resistance for
Nifty is now seen at 8555 and above this 8590. Support for the
immediate term is now placed at 8502 and next support will be 8475.
INDIAN EQUITY BENCHMARKS rose about 2
percent, heading towards its biggest single-day gain in seven months as the
rupee recovered from a 23-month low, while hopes that the central bank might
cut rates in its September meeting also helped. The S&P BSE Sensex and CNX
Nifty ended 1.88%-1.95% higher each.
- July WPI sees sharp contraction
- Hindalco Industries Q1 net profit down 67% (YoY)
- SAIL Q1 disappoints street; net loss at Rs321.64 crore
- Jet Airways spurts on turnaround in Q1 nos
- Reliance Capital Q1 consolidated net profit up 23% (YoY)
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.
www.capitalstars.com | T:+91-731-6790000,6669900
CapitalStars Financial Research Financial Advisory Services
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.
www.capitalstars.com | T:+91-731-6790000,6669900
CapitalStars Financial Research Financial Advisory Services
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