INDIAN BENCHMARKS rebound from 1-year
lows on short covering, GST hope
INDIAN EQUITY BENCHMARKS bounced
back on Tuesday from their lowest levels in around a year after the government
said it was considering reconvening parliament to make another attempt to pass
the goods and services tax (GST). The S&P BSE Sensex and CNX Nifty ended
1.13%-0.92% lower each.
Headlines for the day:
Welspun
Corp forms JV with Malaysia's Wasco Energy .MCX signs MoU to establish international exchange with IFSC.
Suzlon Energy commissions wind power project for NSE.
The crucial resistance for Nifty is now seen at 7950 and above this 7995. Support for the immediate term is now placed at 7875 and next support will be 7825.
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