INDIAN BENCHMARKS mark lowest close in
nearly two weeks
INDIAN EQUITY BENCHMARKS fell on Tuesday,
marking their lowest close in nearly two weeks, led by declines in lenders
after State Bank of India's quarterly results disappointed investors. The
S&P BSE Sensex and CNX Nifty ended 0.84%-0.74% lower each.
Headlines for the day
Chennai Petroleum spurts on strong Q1 growth of 80%
SBI Q1 profit below estimates; NIIs disappoint; asset quality stableApollo Tyres Q1 revenue misses estimate; income below expectation
Reliance Power Q1 consolidated net profit up 41% (YoY)
Results on August 12, 2015
Ashok Leyland, Reliance Infra., GE Shipping, India Cements, Indian Hotels, Aditya Birla Nuvo, Max India,
Voltas, Balrampur Chini Mills, NALCO, SCI, Aurobindo Pharma, Natco Pharma, IDBI Bank, Oil India, City Union Bank, Coal India, Jindal Steel, Cadila Healthcare
The crucial resistance for Nifty is now seen at 8565 and above this 8605. Support for the immediate term is now placed at 8450 and next support will be 8405.
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