EquityTips

EquityTips
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Tuesday, August 4, 2015

Equity Tips Stock Cash Calls, Equity Tips
INDIAN BENCHMARKS snap four-day winning streak
                                                                   
INDIAN EQUITY BENCHMARKS  ended their four-session winning streak on Tuesday, with IT stocks leading the decline as investors turned cautious after the central bank left key rates unchanged. The S&P BSE Se nsex and CNX Nifty ended 0.41%-0.31% lower each.
                                                 
Headlines for the day:
RBI keeps key rates on hold
JLR July 2015 US Retail volumes up 7.3% YoY
Godrej Properties Q1 consolidated profit rises 21%; revenue falls 28%
Britannia Industries Q1 consolidated net profit up 67%
                                                                       
The crucial resistance for Nifty is now seen at 8605 and above this 8650. Support for the immediate term is now placed at 8525 and next support will be 8475.

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