INDIAN BENCHMARKS post biggest
single-day percentage gain since Jan 15
INDIAN EQUITY BENCHMARKS gained
more than 2 percent on Thursday, heading for their biggest daily gains in two
weeks, as upbeat global equity markets sparked a wave of bargain-hunting ahead
of the expiry of derivative contracts at the end of the session. The S&P BSE
Sensex and CNX Nifty ended 2.01%-2.02% higher each.
Headlines
for the day:
Stock
Idea – Big gains in small packRecent correction gives a buying opportunity
Government may pare stakes in some banks to 33%
The crucial resistance for Nifty is now seen at 8025 and above this 8075. Support for the immediate term is now placed at 7925 and next support will be 7895.
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