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Monday, January 12, 2015

Equity Tips Stock Cash Calls,Equity Tips
INDIAN BENCHMARKS rise as Europe gains; CPI data in focus

INDIAN EQUITY BENCHMARKS reversed losses to end stronger on Monday on optimism ahead of the retail inflation data due later in the day while sentiment was boosted after European shares gained on increased mergers and acquisition activity in the healthcare sector. The S&P BSE Sensex and CNX Nifty ended 0.46% higher each.

World Bank projects 6.4% economic growth in India in 2015
Automobile industry body SIAM cuts growth forecast for FY15
United Spirits soars on Diageo deal approval

The crucial resistance for Nifty is now seen at 8375 and above this 8420. Support for the immediate term is now placed at 8185 and next support will be 8125.

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