INDIAN
EQUITY BENCHMARKS edged
lower on Friday as private lenders retreated after the central bank's stress
tests showed a significant jump in bad loans for the sector, but indexes still
posted a second consecutive week of gains. The S&P BSE Sensex and CNX Nifty
ended 0.30%-0.20% lower each.
Headlines
for the
day:
RBI Financial Stability Report:
Asset Quality Data
IT sector gains as Accenture beats
street expectations
ADAG stocks in demand
The
crucial resistance for Nifty is now seen at 8440 and above this 8485.
Support for the immediate term is now placed at 8315 and next
support will be 8275.
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