INDIAN BENCHMARKS slips after marking highest in nearly 2-1/2 months
INDIAN EQUITY BENCHMARKS slipped on Thursday after earlier rising to its highest intraday level in nearly 2-1/2 months as software exporters fell after revenue warnings by rivals and Eurozone worries led to concerns about June-quarter results. The S&P BSE Sensex and CNX Nifty ended 0.27%-0.10% lower each.
Headlines for the day:
JLR June 2015 US Retail volumes up 10.5% YoY
Tata Motors June 2015 volumes up 6.0% YoY
Bajaj Auto gains as June 2015 volumes up 8.5% YoY
The crucial resistance for Nifty is now seen at 8530 and above this 8575. Support for the immediate term is now placed at 8415 and next support will be 8385.
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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