INDIAN EQUITY MARKET WRAP- UP - 23 OCT 2015

INDIAN BENCHMARKS  rise for fourth straight week

                                                                   

INDIAN EQUITY BENCHMARKS  snapped 2-day losing streak to end higher on Friday, amid firm global cues, after the European Central Bank ( ECB) that it would inject more stimulus.

Headlines for the day:

Bharti Infratel Q2 profit meet street

Idea Q2FY16: In line quarter; but pronounced seasonality impacted volumes In line performance; Weak guidance .

The crucial resistance for Nifty is now seen at 8355 and above this 8385. Support for the immediate term is now placed at 8225 and next support will be 8195.

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