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Tuesday, September 22, 2015

Equity Tips
INDIAN BENCHMARKS fall 2 pct amid weak European markets
                                                                 
INDIAN EQUITY BENCHMARKS fell 2 percent on Tuesday, tracking a steep fall in European equities and as sentiment turned cautious ahead of the expiry of monthly derivatives contracts later this week. The S&P BSE Sensex and CNX Nifty ended 2.07% lower each.
                                                 
Headlines for the day:
Infosys wins Rs1,380 crore contract to build GST technology network
Amtek Auto fails to meet bond redemption deadline
Emami dissolves Emami UK Limited
                       
The crucial resistance for Nifty is now seen at 7815 and above this 7875. Support for the immediate term is now placed at 7755 and next support will be 7705.

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