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Thursday, June 11, 2015

Equity Tips Stock Cash Calls, Equity Tips

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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