INDIAN EQUITY MARKET WRAP UP - 10 NOV 2015

INDIAN BENCHMARKS: NIFTY BELOW 7800, SENSEX CRASHES 400 POINTS IN PRE-DIWALI TRADE

In a pre-Diwali trade, the market fell sharply in last hour of trade. The Nifty ended at lowest closing since September 8. The 50-share index slumped 1131.85 points or 1.7 percent at 7783.35 while the Sensex slipped 378.14 points or 1.4 percent at 25743.26.

Bajaj Auto, Hero Moto Corp, Maruti, M&M and Axis Bank are top gainers while ONGC, Dr Reddy's Labs, Hindpetro, Coal India, Lupin, and Reliance are losers in the Sensex

Headlines of the day:

Hindalco drops after weak Novelis earnings

Eros International Q2FY16 results beat estimates

Maruti Suzuki receives 21,000 bookings for Baleno

RESULT’S ON 13 NOV 2015:

CESC, COALINIDA, KAVERI SEED, PRESTIGE ESTATE, SOBHA

The crucial resistance for Nifty is now seen at 7860 and above this 7910. Support for the immediate term is now placed at 7765 and next support will be 7710.

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