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You are here : IndiaNotes >> Market Action >> Fundamental

Market Rallied On Last Day of Expiry on Strong Global Cues and On Expectation of Good Budget

Dynamic Equities Pvt Ltd | 25 Jan, 2017  | Follow Author | Add to my Favourites 
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India’s Benchmark Index Nifty opened gap up by 23 points from its previous day close of 8476 and thereafter rallied by 118 point from it day low of 8494. Nifty opened at 8499, made a low of 8494 and went to make a high of 8613. Bank Nifty also participated in the rally and made a high of 19518 and closed at 19473, 449 points up from its previous day’s close.


Small cap index also showed strength since morning. The benchmark index of cash market, Small Cap closed at 6346, which is 74 points high from its previous day’s close.


Kotak Bank, Bosch ltd, BPCL, Bank of Baroda and Adani Ports are among the top gainers today.


Dynamic Sector Performance – 25th January 2017


Majority of the sectors were positive today. Financial Services –NBFC, Banks –PSU, Financial Services, Banks – Private, Entertainment – Hotels & Leisure, Cements and FMCG –Sugar gained by more than 1% today.


Hot Picks of the Day


Dishman A Healthy Multibagger


Dishman pharmaceuticals and chemicals is a multinational company which was incorporated in 1983 and became a public company with effect from 1stApril 1996. Dishman is engaged in manufacturing of active ingredients for the pharmaceutical industry.


Dishman has support at Rs.196 which is its 3 month low. Upside target for this stock is at Rs.261.7 (2 week high). Dishman share price is currently trading at Rs.229 one can enter at buy position at Rs.220 – 224.



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About Dynamic Equities Pvt Ltd

Dynamic Equities Pvt. Ltd. is a a SEBI Registered Investment Advisor and Stock Broker, a leading financial services provider, and one of the major players in the Equity markets in India. With an experience of over 15+ years in Stock Markets and Equity Research, they provide daily updated Support & Resistance of 4200 instruments across 93 exchanges and 56 countries globally. They have an in-house team of over 25 analysts. Under the guidance and mentorship of Mr. Shailesh Saraf, MD of Dynamic Equities Pvt. Ltd., these analysts are dedicately involved in guiding their clients and users of the website www.dynamiclevels.com for trading in the market. Mr. Shailesh Saraf has an experience of over 24 years in the financial market, especially in capital & derivatives market operations, trading, research and management related areas. Dynamic Levels is a website owned by Dynamic Equities Pvt. Ltd. The website can be reached at www.dynamiclevels.com.


For more information please write in to [email protected]


Disclaimer: The author has taken due care and caution to compile and analyse the data. The opinions expressed above are only the views of the author, and not a recommendation to buy or sell. Neither the author nor IndiaNotes.com accept any liability whatsoever arising from the use of any of the above contents.




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