INDIAN BENCHMARKS gain on Fed rally;
post best week since mid-June
INDIAN EQUITY BENCHMARKS rose to a seven-week high on
Friday, and were headed for a second consecutive weekly gain, tracking a rally
in Asian markets after minutes from the Federal Reserve's latest meeting
quelled expectations of an imminent U.S. rate hike. The S&P BSE Sensex and
CNX Nifty ended 0.87% and 0.74% higher each.
Headlines for the day:
IndusInd
Bank Q2FY16 results – Strong Performance .
Patanjali ties up with Future group for distribution.Domestic car sales rise 9.5% in September.
The crucial resistance for Nifty is now seen at 8255 and above this 8295. Support for the immediate term is now placed at 8150 and next support will be 8105.
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