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Thursday 22 January 2015

INDIAN EQUITY MARKET WRAPUP- 22 JAN 2015

equity intraday tips, BSE, sensex, Nifty tips, CNX nifty, stock cash intraday, stock tradaing tips

INDIAN BENCHMARKS surge to record high for 3rd straight day

INDIAN EQUITY BENCHMARKS hit record highs for the third straight day, led by blue-chips, tracking firm trends across the region and on optimism that the government will continue with the reform agenda. The S&P BSE Sensex and CNX Nifty ended 0.41% and 0.37% higher each.
                                                                                                                                     
·Dish TV India Q3 net loss at Rs3 cr (YoY)

·Supreme Industries posts decent volume growth for Q2FY15

·Muthoot Finance Q3 net profit slips 20% (YoY)

The crucial resistance for Nifty is now seen at 8795 and above this 8850. Support for the immediate term is now placed at 8705 and next support will be 8650.

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