INDIAN EQUITY MARKET WRAPUP - 26 DEC 2014

INDIAN BENCHMARKS , Dalal Street on a tight Leash: Low volumes, Marginal gains
INDIAN EQUITY BENCHMARKS closed higher on snapping a two-day losing streak, led by technology stocks such as Infosys on a weaker rupee while broader sentiment was tepid as investors kept away from risky bets ahead of the year-end holidays. The S&P  BSE Se nsex and CNX Nifty ended 0.12%-0.33% higher each.

• VA Tech Wabag gained 1.19%, after the company announced that it has won World Bank funded sewage treatment plant order worth Rs175 crore in the Philippines.
• Zensar Technologies surged 7.68%, after the company announced significant multimillion dollar deals in its Infrastructure Management Business in the US in Dec 2014
• DB Realty surged 8.76% after the company said that a development project by its subsidiary received full occupation certificate.

The crucial resistance for Nifty is now seen at 8370 and above this 8475. Support for the immediate term is now placed at 8205 and next support will be 8125.