INDIAN BENCHMARKS: SENSEX BREAKS 2 DAYS LOOSING STREAK, CLOSES 41 POINTS UP, NIFTY 50 HOLDS ABOVE 8500
Disappointing earnings and fatigue in global markets could not stop the domestic equity market from breaking its two-day losing streak on Tuesday.
After a 188-point swing, the BSE benchmark Sensex closed the day 40 points, or 0.15 per cent, higher at 27,787. The 50-share NSE Nifty50 ended at 8528, up 20 points, or 0.23 per cent.
HEADLINES OF THE DAY
UltraTech Cement Q1 in-line with estimates
Adani Ports raises Rs1, 000 crore via NCDs
Capital First to raise Rs200 crore on private placement basis
The crucial resistance for Nifty spot is now seen at 8545 and above this 8621. Support for the immediate term is now placed at 8490 and next support will be 8432.
UPCOMING RESULTS : CROMPGREAV, IFBAGRO, NUCLEUS, KITEX, KABRAEXTRU, SASKEN,DHFL