INDIAN BENCHMARKS rise over 1 pct, post first weekly gain in 4
INDIAN EQUITY BENCHMARKS jumped 3% in the holiday shortened week after falling heavily for the three straight weeks. The Sensex rose by 2.91% and the Nifty up by 2.93%..
·Feb core growth slows to 1.4%; lowest in FY15
·India lowers April-Sept gas prices by 8%
·IOC cuts jet fuel prices by 2%
The crucial resistance for Nifty is now seen at 8670 and above this 8695. Support for the immediate term is now placed at 8550 and next support will be 8495.
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