INDIAN BENCHMARKS end down over 1 pct, tracking lower Asian markets
INDIAN EQUITY BENCHMARKS fell on Monday, tracking weaker regional markets as fears about an earlier-than-expected U.S. rate hike weighed on sentiment, while cigarette-maker ITC Ltd slumped after disappointing earnings. The S&P BSE Sensex and CNX Nifty ended 1.12%-1.05% lower each.Headlines for the day:
Canara Bank Q4 net profit at Rs613 cr: Asset Quality Weakens.
eClerx Services Q4 consolidated net profit at Rs53 cr.
Weak Q4; Hold maintained with revise price target.
Results on May 26, 2015
Tata Motors, BHEL, IFCI, Thermax, IDBI Bank, Reliance Power, Tech Mahindra, Dish TV, Kaveri Seed.
The crucial resistance for Nifty is now seen at 8455 and above this 8506. Support for the immediate term is now placed at 8320 and next support will be 8273.
INDIAN EQUITY BENCHMARKS fell on Monday, tracking weaker regional markets as fears about an earlier-than-expected U.S. rate hike weighed on sentiment, while cigarette-maker ITC Ltd slumped after disappointing earnings. The S&P BSE Sensex and CNX Nifty ended 1.12%-1.05% lower each.Headlines for the day:
Canara Bank Q4 net profit at Rs613 cr: Asset Quality Weakens.
eClerx Services Q4 consolidated net profit at Rs53 cr.
Weak Q4; Hold maintained with revise price target.
Results on May 26, 2015
Tata Motors, BHEL, IFCI, Thermax, IDBI Bank, Reliance Power, Tech Mahindra, Dish TV, Kaveri Seed.
The crucial resistance for Nifty is now seen at 8455 and above this 8506. Support for the immediate term is now placed at 8320 and next support will be 8273.
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