Morning Release of 04 July, 2018. |
Outlook
Nifty showed recovery from major support levels of 10657 and wrapped up with a change of +0.11% at the levels of 10699. Nifty is expected to remain sideways to slightly bullish with an immediate upside resistance of 10750-10768 and a support of 10650-10638.
Indian shares ended higher on Tuesday, recovering from earlier losses, as gains in energy stocks helped offset lingering trade tensions in Asia ahead of the deadline for imposition of tariffs by the U.S. on China.
The benchmark Sensex closed up 0.32% at 35378.60. The broader Nifty ended 0.40% higher at 10699.90.
The benchmark Sensex closed up 0.32% at 35378.60. The broader Nifty ended 0.40% higher at 10699.90.
Top Gainers
Company Name |
Close (in INR.) |
% Change |
CIPLA |
643.00 |
4.21% |
BAJAJFINSV |
5897.55 |
2.06% |
MARUTI |
8988.75 |
1.90% |
Top Losers
Company Name |
Close (in INR.) |
% Change |
VEDL |
231.00 |
-3.69% |
INFRATEL |
291.50 |
-2.48% |
ICICIBANK |
273.25 |
-1.50% |
52 week High & Low
Company Name |
Close (in INR.) |
High or Low? |
BANDHANBANK |
567.80 |
HIGH |
BANG |
53.80 |
HIGH |
8KMILES |
313.80 |
LOW |
ABAN |
107.50 |
LOW |
Indices
Indices |
Last Trade |
% Change |
NIFTY |
10699.90 |
+0.11% |
NIFTY IT |
14222.55 |
+1.07% |
NIFTY PHARMA |
9325.30 |
+2.10% |
NIFTY FMCG |
28973.60 |
+0.68% |
NIFTY REALTY |
268.25 |
+0.15% |
BANK NIFTY |
26204.10 |
-0.10% |
INDIA VIX |
13.00 |
-2.77% |
FII/DII Activity as on 03 Jul, 2018
FII/DII |
Net Change (in Cr.) |
FII |
-1043.31 |
DII |
+278.84 |
Corporate Events & Results Corner
- Drug firm, Zydus Cadila has received final approval from the US health regulator to market Nifedipine extended-release tablets and Cholestyramine for oral suspension in the American market.
- ITC is planning to explore entry into more consumer categories and launch 30-40 new products each year.
- Private steel maker, JSPL reported a 36% rise in the domestic crude steel production to 1.23 million tonnes (MT) for the quarter ended June 30.
- Non-banking financial company, Manappuram Finance has entered into an agreement to acquire 85.39% stake in Indian School Finance (ISFC) for over INR. 212 Cr.
- Honda Motorcycle & Scooter India reported a 28% growth in volume in June at 571020 units.