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Tricks and Tips

Tuesday 23 June 2015

INDIAN EQUITY MARKET WRAPUP-23 JUN 2015


INDIAN BENCHMARKS marks longest winning streak in 5 months
                                                        
INDIAN EQUITY BENCHMARKS rose on Tuesday for an eighth consecutive session of gains, its longest winning streak in nearly five months, on renewed optimism over Greek debt talks, while state-run banks gained on hopes of capital infusion. The S&P BSE Sensex and CNX Nifty ended 0.27%-0.34% higher each.                                     
Headlines for the day:                                                                                
L&T to list IT arm Infotech to raise Rs1800 crore by December.
Coal India surges over 3% to mark 52 week high.
Bharti Airtel up on hopes of rise in 3G phone service.
The crucial resistance for Nifty is now seen at 8405 and above this 8455. Support for the immediate term is now placed at 8275 and next support will be 8215.
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