INDIAN BENCHMARKS fall for third straight week; Reliance up on day
INDIAN EQUITY BENCHMARKS edged higher in a choppy session on Friday, led by gains in Reliance Industries , but the market witnessed a third consecutive weekly fall on continued concerns over slowing reforms and weak monsoon. The S&P BSE Sensex and CNX Nifty ended 0.21-0.22% higher each.
Headlines for the day:
TCS, Infy down on US probe for H-1B visa violations
Varun Shipping hits 5% upper circuit
Mastek plunges 67% on demerger of insurance biz
The crucial resistance for Nifty is now seen at 8025 and above this 8065. Support for the immediate term is now placed at 7925 and next support will be 7875.
INDIAN EQUITY BENCHMARKS edged higher in a choppy session on Friday, led by gains in Reliance Industries , but the market witnessed a third consecutive weekly fall on continued concerns over slowing reforms and weak monsoon. The S&P BSE Sensex and CNX Nifty ended 0.21-0.22% higher each.
Headlines for the day:
TCS, Infy down on US probe for H-1B visa violations
Varun Shipping hits 5% upper circuit
Mastek plunges 67% on demerger of insurance biz
The crucial resistance for Nifty is now seen at 8025 and above this 8065. Support for the immediate term is now placed at 7925 and next support will be 7875.
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