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Wednesday, January 21, 2015

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INDIAN BENCHMARKS cracks a century: Nifty rests above 8700

INDIAN EQUITY BENCHMARKS edged higher, hitting a record high for the second consecutive day and gaining for the fifth straight session, as blue-chips rose on hopes of additional monetary policy easing, while strong regional markets also helped. The S&P BSE Sensex and CNX Nifty ended 0.36% and 0.39% higher each.

FM Jaitley to present FY16 budget on February 28,ITC Q3: Big Miss on Top line,Zee Entertainment Q3 results beats estimate,Mcleod Russel Q3 net profit down 35% (YoY)

The crucial resistance for Nifty is now seen at 8765 and above this 8795. Support for the immediate term is now placed at 8695 and next support will be 8650.

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