CapitalStars Updates: INDIAN EQUITY BENCHMARKS MARKET WRAPUP

INDIAN EQUITY BENCHMARKS  fell and benchmark 10-year bond yields rose to three-week highs on Wednesday, as a forecast for the country's first drought in six years and a cautious statement on inflation from the central bank soured sentiment. The S&P BSE Sensex and CNX

Headlines for the day:

• JLR May 2015 US Retail volumes up 12.8% YoY
• HSBC Services PMI contracts in May to 49.6
• Unitech tanks on rumours of repayment default
• Domestic natural rubber prices rise 3.5% to Rs129/kg

The crucial resistance for Nifty is now seen at 8144 and above this 8436. Support for the immediate term is now placed at 8065 and next support will be 7997.

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