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Monday, March 31, 2014

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INDIAN BENCHMARKS narrow range through the day.

INDIAN BENCHMARKS were stuck in a narrow trading as traders and investors remained slightly cautious ahead of the F&O expiry on Thursday.

Further,
Tata Motors is planning to raise Rs 300 crore through 4-year 11-month bonds at 10 percent. Tata Consultancy Services has won a multi-million dollar multi-year contract from energy sector major GDF Suez to standardise customer relationship management and billing applications across France, Belgium and the Netherlands.

The crucial resistance for Nifty is now seen at 6600 and above this 6615. Support for the immediate term is now placed at 6500 and next support will be 6470.

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