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Thursday, March 5, 2015

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INDIAN BENCHMARKS edged up; consumer and healthcare stocks rise

INDIAN EQUITY BENCHMARKS edged up on Thursday in a volatile session as consumer and healthcare stocks such as Sun Pharmaceutical Industries rose with investors favouring defensive bets, though losses in telecoms and banks capped gains. The S&P BSE Sensex and CNX Nifty ended 0.23%-0.17% higher each.
Adani Power rises on winning Jitpur coal mine
Crompton Greaves gains on positive news actions
Pipavav Defence drops on stake acquisition by RInfra

The crucial resistance for Nifty is now seen at 9119 and above this 8992. Support for the immediate term is now placed at 8671 and next support will be 8467.

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