INDIAN BENCHMARKS marks lowest close in more than a month
INDIAN EQUITY BENCHMARKS fell on Tuesday, with the BSE index marking its lowest close in more than a month, as investors were unwilling to make any risky bets amid weak corporate earnings and ahead of the central bank's policy review next week. The S&P BSE Sensex and CNX Nifty ended 0.37%-0.29% lower each.
Headlines for the day:
PNB Q1FY16 asset quality stable, earnings dip 49% YoY
Thermax Q1 net profit up 49%; beats estimates
Maruti Q1 earnings margin continue to expand; profit in-line with estimates
BOI Q1 earnings reports disappointing performance
Results on July 29, 2015
Nestle India, Castrol India, Vedanta, UPL, MphasiS, Dabur India, JSW Steel, Essar Oil, Allahabad Bank, NHPC, Godrej Consumer, IIFL Holdings, Yes Bank.
The crucial resistance for Nifty is now seen at 8425 and above this 8475. Support for the immediate term is now placed at 8325 and next support will be 8285.
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