INDIAN EQUITY MARKET WRAP UP- 05 NOV 2015

INDIAN BENCHMARKS: SENSEX DOWN 249 POINTS, NIFTY BELOW 8000

Equity benchmarks as well as broader markets extended sell-off in last hour of trade on Thursday, especially ahead of Bihar exit polls and big earnings. Banking & financials, healthcare, technology and metals stocks dragged market. The 30-share BSE Sensex fell 248.72 points or 0.94 percent to 26304.20. The 50-share NSE Nifty closed below 8000-mark (for the first time since October 1), down 84.75 points or 1.05 percent to 7955.45.

Headlines of the day:

PM launches 3 gold schemes and national gold coin

Jubilant Foodworks Q2 net profit at Rs23.88 crore

Cummins India Q2 net profit at Rs198.62 crore

RESULT’S ON 6 NOV 2015: AUROPHARMA,BHEL,BANKBARODA,EICHER,IGL,M&M,PNB,ONGC,SAIL,SRF,SBI,VOLTAS

The crucial resistance for Nifty is now seen at 8030 and above this 8110. Support for the immediate term is now placed at 7930 and next support will be 7890.

Get real time advice for  Free Stock Market Tips , Free share Market Tips , Free Stock Tips  , share market tips , Stock Market Tips , Share Market Live , Free Commodity Tips , Intraday Trading Tips  and all Maket Updates . Get 2 Days Free Trial visit :- http://capitalstars.com/equity/ U can call us +917316790000,6669900 ..