INDIAN BENCHMARKS end flat ahead of RBI review; Sun Pharma slumps
INDIAN EQUITY BENCHMARKS edged up on Monday, heading for a second straight session of gains, as hopes the central bank would cut interest rates this week lifted interest rate-sensitive firms such as State Bank of India. The S&P BSE Sensex rose 0.07% and CNX Nifty ended 0.14% lower.
Headlines for the day:
HSBC manufacturing PMI hits 4-month high in May
Maruti Suzuki May 2015 volumes up 13.8% (YoY); marginally beat estimates
Ashok Leyland May 2015 volumes up 40.1% (YoY) to 9,294 units
Escorts Ltd May 2015 sales down 16.4% (YoY)
The crucial resistance for Nifty is now seen at 8490 and above this 8587. Support for the immediate term is now placed at 8355 and next support will be 8317.
CapitalStars is a research house and an investment advisory company carrying out operations in the Indian Equities and commodity market. CapitalStras also ave liable on linke din and facebook. Get real time advice for Share Tips , Trading Strategies , Best Intraday Stocks , Stock Tips Free and all market updates. For 2 Days Free Trial ,Please visit our site http://www.capitalstars.com Call at 0731-6790000, 6669900.
INDIAN EQUITY BENCHMARKS edged up on Monday, heading for a second straight session of gains, as hopes the central bank would cut interest rates this week lifted interest rate-sensitive firms such as State Bank of India. The S&P BSE Sensex rose 0.07% and CNX Nifty ended 0.14% lower.
Headlines for the day:
HSBC manufacturing PMI hits 4-month high in May
Maruti Suzuki May 2015 volumes up 13.8% (YoY); marginally beat estimates
Ashok Leyland May 2015 volumes up 40.1% (YoY) to 9,294 units
Escorts Ltd May 2015 sales down 16.4% (YoY)
The crucial resistance for Nifty is now seen at 8490 and above this 8587. Support for the immediate term is now placed at 8355 and next support will be 8317.
CapitalStars is a research house and an investment advisory company carrying out operations in the Indian Equities and commodity market. CapitalStras also ave liable on linke din and facebook. Get real time advice for Share Tips , Trading Strategies , Best Intraday Stocks , Stock Tips Free and all market updates. For 2 Days Free Trial ,Please visit our site http://www.capitalstars.com Call at 0731-6790000, 6669900.
0 comments:
Post a Comment