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Friday, July 17, 2015

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INDIAN BENCHMARKS rise marginally to hit new three-month closing high
                                                                   
INDIAN EQUITY BENCHMARKS ended marginally higher on Friday, marking their highest close in nearly three months for a second day, even as investors sold financial stocks seeking more clarity on the government's decision to make foreign holdings fungible. The S&P BSE Sensex and CNX Nifty ended 0.06%-0.02% higher each.
                                                 
Headlines for the day:
Rajesh Exports scores 80% in one month
Deep Industries jumps 20% on promoter stake buy
JLR June 2015 global wholesale volumes down 3.1% YoY
Sharekhan Stock Idea: Orbit Exports
             
The crucial resistance for Nifty is now seen at 8675 and above this 8705. Support for the immediate term is now placed at 8575 and next support will be 8525.

Capitalstars Financial Research Private Limited is a research house and an investment advisory carrying out operations in the Indian Equities and commodity market. 

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