INDIAN BENCHMARKS rise nearly 2 pct; lenders gain
INDIAN EQUITY BENCHMARKS rose more than 1 percent on Monday, on track to snap its eight-session losing streak, on value buying in blue chips such as Housing Development Finance Corporation, while strength in Asian shares also helped. The S&P BSE Sensex and CNX Nifty ended 1.8% higher each.
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The crucial resistance for Nifty is now seen at 8590 and above this 8625. Support for the immediate term is now placed at 8495 and next support will be 8455.
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