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Thursday 9 July 2015

INDIAN EQUITY MARKET WRAPUP-09 JULY 2015


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INDIAN BENCHMARKS edge lower, IT stocks down ahead of TCS results
INDIAN EQUITY BENCHMARKS edged lower on Thursday, heading towards their third straight session of falls as technology stocks fell on caution ahead of Tata Consultancy Services Ltd's earnings later in the day. The S&P BSE Sensex and CNX Nifty ended 0.41% lower each.                                            
Headlines for the day:     
Man pasand Beverages trades weak on listing day.
Domestic car sales rise by 1.5% in June.
Bajaj Corp posts strong Q1FY2016 operating performance.
Bank credit down by 2.5% in April-June quarter.
The crucial resistance for Nifty is now seen at 8445 and above this 8495. Support for the immediate term is now placed at 8315 and next support will be 8275.

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