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Wednesday, April 8, 2015

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INDIAN EQUITY BENCHMARKS  rose on Wednesday, marking their highest close in three weeks, led by gains in resources stocks such as Coal India and Reliance Industries. The S&P BSE Sensex and CNX Nifty ended 0.67%-0.62% higher each.                          

JLR March 2015 UK registration volumes up 20% (YoY)
Axis Bank cuts base rate by 20 basis points
Sesa Sterlite drops as S&P downgrades Vedanta

The crucial resistance for Nifty is now seen at 8790 and above this 8825. Support for the immediate term is now placed at 8695 and next support will be 8625.

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