CapitalStars Updates: INDIAN EQUITY BENCHMARKS MARKET WRAPUP

INDIAN EQUITY BENCHMARKS rose more than 1 percent on Wednesday with the broader NSE index snapping its seven-day losing streak after U.S. index compiler MSCI Inc delayed the inclusion of Chinese domestic shares in its emerging markets index. The S&P BSE Sensex and CNX Nifty ended 1.36-1.27% higher each.

Headlines for the day:

• Domestic car sales rev up 7.7% in May
• Sugar Stks in focus after CCEA approves interest free loan
• Q4FY2015 IT earnings review: Weak quarter, stable outlook

The crucial resistance for Nifty is now seen at 8165 and above this 8195. Support for the immediate term is now placed at 8000 and next support will be 7950.

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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.