Morning Release of 10 Jan, 2018.

Outlook

Nifty managed to hold the upside rally of 10600 and wrapped the session with a change of +0.13% at the levels of 10637. Nifty charts show some flat opening for the next session. The upside resistance will be 10670-10680 and support will be 10590-10580.

Indian shares edged higher to a record close for a third consecutive session on Tuesday, helped by gains in energy shares, such as, Reliance Industries Ltd. and Coal India Ltd. The broader NSE Nifty closed 0.13% higher at 10,637, while the benchmark BSE Sensex ended up 0.26% at 34,443.19.

Reliance Industries ended up 1.30%, its sixth straight session of gains, while Coal India closed 5.80% higher.

Top Gainers

Company Name	Close	% Change
YESBANK	341.50	2.37%
COALINDIA	304.00	5.76%
ITC	270.25	1.75%

Top Losers

Company Name	Close	% Change
INFRATEL	368.45	-1.59%
ZEEL	580.70	-2.22%
EICHERMOT	28,611.80	-2.01%

52 week High & Low

Company Name	Close	High or Low?
AARTIDRUGS	785.00	HIGH
ALEMBICLTD	63.60	HIGH
AUSTRAL	0.15	LOW
MELSTAR	3.00	LOW

Indices

Indices	Last Trade	% Change
NIFTY	10,637.00	0.13%
NIFTY IT	11,790.85	0.12%
NIFTY PHARMA	9,770.20	-0.69%
NIFTY FMCG	27,249.20	0.47%
NIFTY REALTY	360.40	2.81%
BANK NIFTY	25,703.80	0.11%
INDIA VIX	13.84	0.82%

FII/DII Activity as on 09 Jan, 2018

FII/DII	Net Change (in Cr.)
FII	-303.94
DII	522.90

Corporate Events

• Apollo Tyres will invest around INR. 1,800 Cr. in a new plant in Andhra Pradesh, the company's seventh facility globally, to cater to the rising demand for passenger vehicle tyres.
• Private lender, South Indian Bank proposes to raise INR. 20 Cr. through private placement of shares to fund business growth.
• Infrastructure lender, IFCI has sold 0.20% stake in stock exchange NSE for INR. 92.51 Cr.
• State-owned power producer, SJVN Ltd. board has approved a buyback proposal comprising 5% stake for over INR. 801 Cr.

Results Corner

No results declared today.