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Thursday, October 29, 2015

Equity Tips
INDIAN BENCHMARKS  mark lowest close in 2 weeks
                                                                 
INDIAN EQUITY BENCHMARKS fell for a fourth consecutive session on Thursday, recording their lowest close in little over two weeks, as the U.S. Federal Reserve revived market expectations that it may raise interest rates by the end of the year. The S&P BSE Sensex and CNX Nifty ended 0.75% and 0.73% lower each.
                                                                                                                                         
Headlines for the day:
Yes Bank Q2FY16 asset quality shows marginal blip
Supreme Industries Q1FY2016 revenue growth disappoints
Bharat Forge Q2FY16: Revenue and margin miss estimates
                                                           
RESULT’S ON 30TH OCT:  ITC, ICICI BANK, KOTAK BANK  L&T ,TITAN , IPCA LABS , APOLLOTYRE
                       
The crucial resistance for Nifty is now seen at 8165 and above this 8205. Support for the immediate term is now placed at 8125 and next support will be 8095.

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