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Friday, January 16, 2015

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INDIAN BENCHMARKS rise to 1-month SHhigh, mark best weekly gain in 11

INDIAN EQUITY BENCHMARKS ended marginally higher, amid a range bound trading session, as gains in capital goods and pharma stocks helped offset losses in IT shares.
In the broader market, the BSE Mid-cap gained 0.3% and Small-cap ended marginally down.

Axis Bank gains on strong Q3FY15 growth, asset quality stable,Trade Deficit shrinks to 10-month low on fall in oil prices
SpiceJet, Sun TV spurt on Maran’s exit from SpiceJet

The crucial resistance for Nifty is now seen at 8565 and above this 8595. Support for the immediate term is now placed at 8425 and next support will be 8350.

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