Tuesday, August 18, 2015

PROFIT SUMMARY FOR 18 AUGUST 2015

The Sensex declined 44 points to 27833 and the Nifty fell 11 points to 8466. About 1567 shares have advanced, 1228 shares declined, and 117 shares are unchanged on the BSE. Shares of Sharon Bio Medicine were locked at 20 percent upper circuit at Rs 21.30 on Tuesday after the US drug regulator audited company's formulation plant in Uttarakhand. It was a volatile opening for Nifty future as it rallied to an intraday high of 8531 after a weak open and slipped to a low of 8480 in the opening session itself. Neither did it cross the initial high posted in subsequent rallies nor did it breach the low on sell offs. It closed in the negative below the 8500 level, off the high and low of the day. Some consolidation in the 8440-8530 region was seen after the big move on the previous day before the next trending move. On the higher side, 8500 is the immediate resistance above which 8540 is the next supply zone and this must be taken out before fresh momentum can be expected. 8590-8612 must be taken out decisively before the bulls can feel comfortable again. On the lower side, 8475 is the immediate support below which 8460, 8410, 8387, 8372 are important levels expected to give some support. Below 8400, the initiative will move in the hands of the bears. A decisive breach of 8370 will signal further weakness.
  • Eros International Ltd rallied over 11 per cent in intraday trade. 
  • Sun TV Ltd lost 8 per cent in intraday trade. 
  • Srei Infra Ltd spiked over 6 per cent in intraday trade. 
  • Tata Coffee Ltd surged over 12 per cent in intraday trade. 

TOP GAINERS AND LOSERS ARE:

Top Gainers


INFOSYS LTD (2.6%), TCS (2.2%), TATA STEEL (1.9%), L&T (1.7%), SBI (1.6%)

Top Losers 

GAIL (-3.6%), CIPLA (-1.9%), COAL INDIA (-1.7%), ITC LTD (-0.9%), ICICI BANK (-0.9%)






No comments:

Post a Comment