INDIAN EQUITY MARKET WRAP UP-7 Sep 2015

INDIAN BENCHMARKS index closes at lowest in 15 months

                                                                 

INDIAN EQUITY BENCHMARKS fell on Monday, marking its lowest close in 15 months, as fears of a deficient monsoon and weak rupee compounded lingering worries about an economic slowdown in China. The S&P BSE Sensex and CNX Nifty ended 1.22%-1.26% lower each

                                                 

Headlines for the day:

JLR August 2015 UK Registration volumes up 74.3% YoY

IGL plans to add 3 Lakh consumers this fiscal

Sunteck Realty bags two awards at Construction Week India Awards

                       

The crucial resistance for Nifty is now seen at 7625 and above this 7655. Support for the immediate term is now placed at 7555 and next support will be 7505.

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