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Monday, December 8, 2014

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INDIAN BENCHMARKS ended lows ; Infosys drags market lower

INDIAN EQUITY BENCHMARKS  posted their biggest fall in 7-1/2 weeks as IT services exporter Infosys Ltd slumped after its founders sold the company's stock, while metals and mining firms tumbled on data showing an unexpected fall in imports to China. The S&P BSE Se nsex and CNX Nifty ended 1.19%-1.17% lower each.

Fin Tech offloads 1.65 lakh MCX-SX shares to Jhunjhunwala,Dolphin Offshore jumps on extension of contract,Bajaj Auto to increase product prices in January

The crucial resistance for Nifty is now seen at 8628 and above this 8735. Support for the immediate term is now placed at 8475 and next support will be 8415.

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