INDIAN BENCHMARKS edged higher; defensive stocks up
INDIAN EQUITY BENCHMARKS edged higher as investors churn portfolio in favor of defensive stocks such as ITC Ltd on caution ahead of an event-heavy week. The S&P BSE Sensex and CNX Nifty ended 0.10%-0.08% higher each.
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The crucial resistance for Nifty is now seen at 8845 and above this 8895. Support for the immediate term is now placed at 8695 and next support will be 8615.
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