The Nifty50 is likely to open higher on Thursday tracking positive handover from Wall Street. The Nifty50 closed 72 points higher at 9,899 on Wednesday.
The index formed a strong bull candle on the daily candlestick charts on Wednesday. A strong bull candle on the daily charts and the crossing of 5-days exponential moving average (DEMA) on a closing basis is a positive sign for the bulls.
Bulls bounced back on D-Street after being knocked out in the previous trading session. Formation of a bullish candle after a 'Long Legged Doji' pattern confirms the bullish bias on the D-Street
Corporate Action: AHLEAST-Div 2/share, SOBHA- Div 2.5share, CARBORUNIV-Div 0.75/share, BALAMINES- Div 2.2/share, BBTC-Div 1/share, BIOCON- Div 1/share, CROMPTON- Div 1.5/share, EDELWEISS- Div 0.30/share, ENDURANCE- Div 2.5/sharee, HATSUN- Div 1/share, IDFC- Div Rs 2.5/share, HSIL- Div Rs 4/share, INFRATEL-Div 4/share, IDFCBANK- Div Rs0.75/share
Result Today: ABB, ANSHNCO, APLLTD, APOLLOFI, BAJAJ-AUTO, BAJAJHLDNG, CUPID, DBCORP, FORCEMOT, HINDZINC, KANSAINER, KOTAKBANK, MAHINDCIE, MENONBE, NIITTECH, NUCLEUS, RBLBANK, RELIANCE, WIPRO
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