INDIAN BENCHMARKS marks record closing high on budget's infra push
INDIAN EQUITY BENCHMARKS marked its highest closing level on Monday as infrastructure-related stocks ranging from capital goods makers such as Larsen & Toubro to cement makers and power sector lenders surged on the federal budget's infra push. The S&P BSE Sensex and CNX Nifty ended 0.33%-0.62% higher each.
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The crucial resistance for Nifty is now seen at 8956 and above this 8844. Support for the immediate term is now placed at 8473 and next support will be 8680.
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