EquityTips

EquityTips
CapitalStars Investment Adviser: SEBI Registration Number: INA000001647

free stock cash Tips

Friday, April 11, 2014

INDIAN BENCHMARKS ends lower on profit taking.
 
INDIAN EQUITY BENCHMARKS
ended lower, amid weak global cues, as traders booked profits ahead of the truncated week. Further, investors remained cautious ahead of February IIP data due for release later today.

Further, Housing Development and Infrastructure ended 3% up after Credit Suisse (Singapore) bought over 2 million shares of the Mumbai-based real estate developer for Rs 16 crore through an open market transaction. IndusInd Bank ended lower after the RBI said the foreign investors would have to get its prior permission for buying shares in the bank. The stock ended down 4.5% at Rs 489.

The crucial resistance for Nifty
is now seen at 6800 and above this 6830. Support for the immediate term is now placed at 6700 and next support will be 6670.

NEWS TO WATCH:
 

Watch out for the quarterly earnings of Infosys on 15th April.
Watch out for Indian CPI and WPI on 15th April.

For More Detail Call Us 0731-6790000,6669900 
Click Here capitalstars.com

0 comments:

Post a Comment