INDIAN EQUITY BENCHMARKS marked its highest close in a month on Thursday, as mortgage lenders such as Housing Development Finance Corp rose on hopes the government’s push on housing would aid income. The S&P BSE Sensex and CNX Nifty ended 0.60%-0.44% higher each.
Headlines for the day:
- BHEL on gaining spree; stock up 11% in one month
- KPIT Technologies slumps in strong markets
- Tech Mahindra signs 10-year strategic deal with circle health
The crucial resistance for Nifty is now seen at 8475 and above this 8515. Support for the immediate term is now placed at 8345 and next support will be 8285.
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