INDIAN BENCHMARKS surge to record high; blue-chips gain
INDIAN EQUITY BENCHMARKS surged to a record high as metals stocks advanced after China's economic growth data came in slightly better than expected, while blue chips were underpinned by widespread confidence about the domestic economy. The S&P BSE Sensex and CNX Nifty ended 1.85% and 1.69% higher each..
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The crucial resistance for Nifty is now seen at 8735 and above this 8815. Support for the immediate term is now placed at 8625 and next support will be 8575.
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