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Thursday, February 19, 2015

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INDIAN BENCHMARKS gain for 7th straight session; metals, miners surge

INDIAN EQUITY BENCHMARKS  gained for a 7th straight day on Thursday in a volatile session that saw metals and mining companies such as Hindalco, JSPL surging after the successful completion of the country's first auction to sell mines.
JSPL rallies on winning Gare Palma IV
Sugar stocks surge on rise in production; subsidy hopes
Indian commercial banks' credit grow 10.38% till February 6

The crucial resistance for Nifty is now seen at 8965 and above this 8995. Support for the immediate term is now placed at 8795 and next support will be 8755.

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