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Thursday, June 25, 2015

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INDIAN BENCHMARKS one-month closing high on Modi's housing push
                                                                   
INDIAN EQUITY BENCHMARKS  marked its highest close in a month on Thursday, as mortgage lenders such as Housing Development Finance Corp rose on hopes the government's push on housing would aid income. The S&P BSE Sensex and CNX Nifty ended 0.60%-0.44% higher each.
          

Headlines for the day:                                                             BHEL on gaining spree; stock up 11% in one month
KPIT Technologies slumps in strong markets
Tech Mahindra signs 10-year strategic deal with circle health

The crucial resistance for Nifty is now seen at 8475 and above this 8515. Support for the immediate term is now placed at 8345 and next support will be 8285.

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