INDIAN EQUITY BENCHMARKS rose nearly 1 percent on Wednesday, to close above the psychologically important 28,000 level, its highest close in nearly 2-1/2 months, as state-run banks rose after the government’s plan for a comprehensive package raised hopes of faster recapitalization. The S&P BSE Sensex and CNX Nifty ended 0.86%-1.01% higher each.
Headlines for the day:
- Petrol price cut by 31 p/L, diesel by 71 p/L
- Maruti June 2015 volumes up 1.8% (YoY); in-line with estimates
- Eicher Motors June 2015 CV volumes in-line with estimates
The crucial resistance for Nifty is now seen at 8530 and above this 8570. Support for the immediate term is now placed at 8385 and next support will be 8285.
CapitalStars Financial Research Private Limited is an advisory company incepted with a vision of providing fair and accurate trading and investment calls in share and commodity market. CapitalStars also aveliable on social network
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.
www.capitalstars.com | T:+91-731-6790000,6669900
CapitalStars Financial Research Financial Advisory Services