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Stock Market Today by Shailesh Saraf-17 Jan 19

Last day, Nifty and small cap traded in a very narrow range. Nifty made a high of 10928 and low of 10877 and finally closed at 10890. The Small Cap Index has come to the resistance level of 6496 which is its 2 week high. After a long time, carbon shares rallied. Shares of Graphite India and HEG soared over 15% and 11%, respectively and finally closed at 8% and 4% higher. The carbon shares moved up after the Japanese graphite electrodes producer Tokai Carbon raised its electrodes contract prices.

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