INDIAN EQUITY BENCHMARKS rose to a record high for a fourth consecutive session as blue chips such as Larsen & Toubro advanced on hopes of additional foreign investments after the European Central Bank launched a landmark bond-buying stimulus programme. The S&P BSE Sensex and CNX Nifty ended 0.94% and 0.85% higher each.
·Edelweiss Q3 consolidated net profit up 43% (YoY)
·Colgate Palmolive Q3 net profit surges by 16% (YoY)
·Atul Q3 net profit down 18% (YoY)
·Coromandel Intl net profit up 28% (YoY)
Results on January 27, 2015
Maruti Suzuki, Union Bank of India, Idea Cellular, Godrej Properties, Titan Company, Karnataka Bank, Amara Raja, GSFC.
The crucial resistance for Nifty is now seen at 8880 and above this 8925. Support for the immediate term is now placed at 8805 and next support will be 8750.
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