Nifty last close: 21647.20 (+0.13%)
The equity benchmarks eked out marginal gains in yet another day of choppy trade
Nifty was strong consolidation on Jan 11
Finally, Nifty was up 28.50 points or 0.13 percent at 21,647.20
Sensex was up 63.47 points or 0.09 percent at 71,721.18
Hero MotoCorp, Bajaj Auto, Reliance Industries, Axis Bank and BPCL were among the top Nifty gainers
while losers included Infosys, Dr Reddy’s Laboratories, SBI Life Insurance, HUL and Wipro
Foreign institutional investors (FIIs) sold shares worth Rs 865 crore
while domestic institutional investors (DIIs) purchased Rs 1,607.08 crore worth of stocks on January 11
Mutual funds lost over Rs 940 crore and foreign investors Rs 1,885 crore on January 11
As the Polycab India Ltd share crashed over 21%.
After the income tax department said it unearthed “unaccounted cash sales” of about Rs 1,000 crore
TCS reports $8.1 billion in deal wins for Q3, misses guidance
Infosys ADR spikes 5% despite weak Q3 performance
US markets ended flat note on Jan 12
U.S. DECEMBER CPI INFLATION RISES 3.4% Y/Y; EST. 3.2%; PREV. 3.1%
US Fed policy rate will not go to zero, will be around 3% over next 5-10 years: Howard Marks
Microsoft overtakes Apple as world’s most valuable company
The Dollar index traded 0.06 percent lower in futures at 102.22
Spot gold was down 0.1% at $2,024.99 per ounce
The Brent futures contract for March gained 61 cents, or .79%, to settle at $77.41 a barrel
Asian markets were opening higher level in early trade
Nikkei up 1%, Hangseng up 0.2%
GiftNifty indicates a positive opening for the index
Nifty is facing a intraday resistance 21670 and 21690
If stays above 21690 will move to 21730
On flip side, Nifty considering a supports 21620 and 21600
Below 21600 finding a next support 21550
Updated: 08.52 am / 12th Jan 2024