INDIAN BENCHMARKS falls for 4th day amid volatile trading
INDIAN EQUITY BENCHMARKS fell for a fourth straight session on Thursday amid volatile trading as concerns the central bank would no longer cut interest rates this year continued to sour sentiment, especially for rate-sensitive stocks. The S&P BSE Sensex and CNX Nifty ended 0.09-0.05% lower each.Headlines for the day:
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The crucial resistance for Nifty is now seen at 8185 and above this 8225. Support for the immediate term is now placed at 8095 and next support will be 8050.
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Global jitters dampened the investor mood on Dalal Street but the market staged a dramatic recovery in late trade on Thursday.
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