INDIAN EQUITY BENCHMARKS fell on Monday, tracking weaker regional markets as fears about an earlier-than-expected U.S. rate hike weighed on sentiment, while cigarette-maker ITC Ltd slumped after disappointing earnings. The S&P BSE Sensex and CNX Nifty ended 1.12%-1.05% lower each.
Headlines for the day:
- Canara Bank Q4 net profit at Rs613 cr: Asset Quality Weakense
- Clerx Services Q4 consolidated net profit at Rs53 cr
- Weak Q4; Hold maintained with revise price target
Results on May 26, 2015
- Tata Motors, BHEL, IFCI, Thermax, IDBI Bank, Reliance Power, Tech Mahindra, Dish TV, Kaveri Seed
The crucial resistance for Nifty is now seen at 8455 and above this 8506. Support for the immediate term is now placed at 8320 and next support will be 8273.
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CapitalStars is a research house and an investment advisory company carrying out operations in the Indian Equities and commodity market. We generate intraday as well as delivery calls in Stock cash and F&O in NSE & BSE, Commodities including bullions, metals & Agro- commodities traded in MCX and NCDEX.
