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Thursday, March 19, 2015

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INDIAN BENCHMARKS end lower; rate-sensitive stocks fall

INDIAN EQUITY BENCHMARKS led by gains in exporters such as Tata Consultancy Services on bets that the rupee would weaken after the U.S. Federal Reserve on Wednesday moved a step closer to raising interest rates. The S&P BSE Sensex and CNX Nifty ended 0.53%-0.59% lower each.
                               
HCL Tech slips on quoting bonus shares today
L&T secures orders worth Rs1255 cr in March 2015
CARE Ratings gains on LIC stake buy

The crucial resistance for Nifty is now seen at 8725 and above this 8765. Support for the immediate term is now placed at 8610 and next support will be 8555.

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