INDIAN EQUITY BENCHMARKS fell for a third consecutive session on Friday, heading towards its lowest close in two weeks as IT exporters declined on concerns over fourth-quarter earnings after bellwether TCS results failed to cheer investors
Headlines for the day:
CRISIL Q1 consolidated net profit down 18% (YoY)
Bharat Forge drops after BofaML downgrades
IT stocks in limelight on disappointing Q4 nos from TCS
The crucial resistance for Nifty is now seen at 8695 and above this 8750. Support for the immediate term is now placed at 8605 and next support will be 8570.
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