Index trend and stocks in action September 19, 2017
DSIJ Intelligence-3 / 19 Sep 2017
Going forward, the level of 10,200 may act as a resistance zone. On the other hand, the level of 10,160 may act as an immediate support level and next support which is placed in the range of 10,130-10,140 will offer good support.
During the last trading session, Nifty opened with an upside gap and moved higher during the early part of the session. However, it moved in a narrow range in the mid-session and closed at all-time high levels. Nifty has managed to pierce all-time high level of 10,137 as it resisted a couple of time around these levels. Going forward, the level of 10,200 may act as a resistance zone. On the other hand, the level of 10,160 may act as an immediate support level and next support which is placed in the range of 10,130-10,140 will offer good support.
Infosys: The CMA CGM Group, a world leader in container shipping and Infosys, announced a strategic seven-year partnership which will simplify and transform CMA CGM’s IT application and improve customer service experience.
National Aluminium: MOU was signed among National Aluminium, Hindustan Copper and Mineral Exploration Corporation at Bhubaneswar to explore the possibility of forming a joint venture company.
HFCL: Company denies and clarifies that the rumors of a merger with RJio has no substance, and is completely false and baseless.
Biocon: Biocon's Facility in Vishakhapatnam completes USFDA Inspection with no observations.
Indiabulls Real Estate: Indiabulls Real Estate out from F&O segment from December series.
Texmaco Rail and Engineering: The Board of Directors of the company has approved the scheme for the amalgamation of Bright Power Projects (India) Private Limited and Texmaco Hi-tech Private Limited into and with the company.
Interglobe Aviation: Company approves QIP price at Rs 1,130 per share.
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