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Thursday 10 September 2015

INDIAN EQUITY MARKET WRAP UP - 10 SEP 2015

 intraday stock cash tips , Share Market live , Intraday Trading Tips , Stock Trading tips , Indian share tips

INDIAN BENCHMARKS fall as China data reinforced global growth fears
                                                                   
INDIAN EQUITY BENCHMARKS  fell on Thursday, hovering near over one-year low touched earlier this week, tracking declines around the region after lacklustre Chinese economic data added to heightened worries about the global economy. The S&P BSE Sensex and CNX Nifty ended 0.38%-0.39% lower each.

Headlines for the day:
JLR August 2015 global retail volumes down 3% YoY .
Domestic car sales rise 6% in August.
Recent correction provides good entry point.
                          
The crucial resistance for Nifty is now seen at 7875 and above this 7905. Support for the immediate term is now placed at 7775 and next support will be 7725.


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