INDIAN BENCHMARKS close at 3-1/2 month low; Infosys slumps
INDIAN EQUITY BENCHMARKS fell more than 1% on Friday to their lowest close in nearly three-and-a-half months, dragged down by a 6% slump in Infosys after the software services exporter's January-March earnings fell short of expectations. The S&P BSE Sensex and CNX Nifty ended 1.07-1.11% lower each.
Results on April 25, 2015
UltraTech Cement, Petronet LNG
Results on April 27, 2015
Alembic Pharma, Bharti Infra, JSW Energy, Andhra Bank, Maruti Suzuki, ICICI Bank, UPL.
Headlines for the day:
Infosys tanks as Jan-March U.S. dollar revenue growth lags estimates
Supreme Inds Q3FY15 results: Margins boosted by better performance
Indiabulls Housing Q4 consolidated net profit rises by 22% (YoY)
The crucial resistance for Nifty is now seen at 8415 and above this 8475. Support for the immediate term is now placed at 8265 and next support will be 8205.
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