Nifty hovers around 8900 ahead of Q3 GDP; L&T gains 1%

L&T Technology Services Update by Epic Research
Equity benchmarks remained volatile, with the Nifty hovering around 8900 as investors awaited Q3 GDP data due later today. On the global front, investors awaited US President Donald Trump’s address to the Joint Congress.
The Sensex was up 49.64 points at 28862.52, while the Nifty was up 14.40 points at 8911.10. The market breadth remained health with 1,234 shares having advanced, while 648 shares had declined. About 115 shares remained unchanged.
Bharti Group stocks and Larsen & Toubro were the top gainers on the Sensex and Nifty, with L&T surging over 1 percent. Bharti Airtel was trading higher on the back of fresh pricing war it unleashed on Monday by doing away with roaming charges completely.
Tata Teleservices, too, soared over 9 percent after Tata Sons agreed to pay damages of USD 1.17 billion to Japan’s NTT DoCoMo, thus looking to end the long-standing dispute.

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Epic Research
Epic Research
Epic Research - Investment Adviser is a leading financial services provider with presence in Indian and other global capital markets. Call on - 0731-664-2300