INDIAN EQUITY BENCHMARKS fell nearly 2 percent on Wednesday, marking their steepest decline in nearly a month, mirroring steep falls in their Asian peers as China's stock market meltdown spooked investors. The S&P BSE Sensex and CNX Nifty ended 1.72%-1.74% lower each.
Headlines for the day:
CMC Q1FY16 results update: Weak performance
Banking Sector - Q1FY2016 earnings preview
S&P BSE A Group stock that hit 52-Week Low
The crucial resistance for Nifty is now seen at 8465 and above this 8515. Support for the immediate term is now placed at 8315 and next support will be 8275.
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