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SURE SHOT CALLS

Thursday 11 January 2018

Sensex closes at record high, Nifty above 10,650, IT, telecom stocks rise

Sensex, Nifty closed at record peak on Thursday ahead of release of key corporate results due this week for more direction. The BSE Sensex ended the day at 34,503.49, up 70.42 points while the NSE Nifty50 index settled the day at 10,651.20, up 19 points. 

Top gainers were Bharti Airtel, Kotak Mahindra Bank, Tata Motors and Infosys Limited, while major losers were Coal India, Wipro Ltd, Axis Banks and ICICI Bank. 

Shares of IndusInd Bank fell 1.93% to Rs. 1700 following Dec quarter results. IT stocks rose. Shares of Oracle Financial Services (+1.62%), Tech Mahindra (+1.39%), HCL Tech (+0.26%) and Persistent Systems (+0.09%) edged higher. 

Shares of Tata Consultancy Services cracked 0.81% at Rs 2,784.25 ahead of the company's Q3 FY 2017 results today, 11 Jan 2018. 

Shares Infosys rose 2.4% at Rs 1,076.80. The company is scheduled to post its Q3 Dec 2017 results on Friday, 12 Jan 2018.

Tomorrow 12 Jan (Friday) Stock Nifty Future Trading Calls- 
BUY INDIAGLYCO ABOVE 570 TARGETS 576, 582, 588 STOPLOSS- 558.0
BUY HAMATHOTEL ABOVE 152.50 TARGETS 154, 155.5, 157 STOPLOSS- 149.50


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