INDIAN BENCHMARKS to daily upper limit on delisting report
INDIAN EQUITY BENCHMARKS fell as much as 2% on Thursday as selling by foreign investors continued amid worries that a likely weak monsoon may delay key reforms and further cuts in borrowing costs. The S&P BSE Sensex and CNX Nifty ended 1.75-1.96% lower each.
Headlines for the day:
Current account deficit contracts to 0.2% in Q4FY15
NALCO jumps as foreign brokerage initiates coverage
Torrent Power up as shareholders approve merger
The crucial resistance for Nifty is now seen at 8025 and above this 8065. Support for the immediate term is now placed at 7940 and next support will be 7895.
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