INDIAN BENCHMARKS marks highest close in 2-1/2 months; banks rally
INDIAN EQUITY BENCHMARKS rose nearly 1 percent on Wednesday, to close above the psychologically important 28,000 level, its highest close in nearly 2-1/2 months, as state-run banks rose after the government's plan for a comprehensive package raised hopes of faster recapitalization. The S&P BSE Sensex and CNX Nifty ended 0.86%-1.01% higher each.
Headlines for the day:
Petrol price cut by 31 p/L, diesel by 71 p/L
Maruti June 2015 volumes up 1.8% (YoY); in-line with estimates
Eicher Motors June 2015 CV volumes in-line with estimates
The crucial resistance for Nifty is now seen at 8530 and above this 8570. Support for the immediate term is now placed at 8385 and next support will be 8285.
INDIAN EQUITY BENCHMARKS rose nearly 1 percent on Wednesday, to close above the psychologically important 28,000 level, its highest close in nearly 2-1/2 months, as state-run banks rose after the government's plan for a comprehensive package raised hopes of faster recapitalization. The S&P BSE Sensex and CNX Nifty ended 0.86%-1.01% higher each.
Headlines for the day:
Petrol price cut by 31 p/L, diesel by 71 p/L
Maruti June 2015 volumes up 1.8% (YoY); in-line with estimates
Eicher Motors June 2015 CV volumes in-line with estimates
The crucial resistance for Nifty is now seen at 8530 and above this 8570. Support for the immediate term is now placed at 8385 and next support will be 8285.
CapitalStars is a research house and an investment advisory company carrying out operations in the Indian Equities and commodity market. CapitalStars on Quora & also ave liable on linke din and facebook. Get real time advice for Share Tips , Trading Strategies , Best Intraday Stocks , Stock Tips Free , NSE Stock Market Tips 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