CapitalStars Updates: INDIAN EQUITY BENCHMARKS MARKET WRAPUP

INDIAN EQUITY BENCHMARKS fell on Monday, retreating from a three-month closing high last week, as investors shunned blue chips a day ahead of the monsoon session of parliament where key reforms such as land acquisition bill are expected to be presented. The S&P BSE Sensex and CNX Nifty ended 0.15%-0.07% lower each.

Headlines for the day:

• Kajaria Ceramics Q1 consolidated net profit up 20%
• Welspun India Q1FY16 sees strong performance
• Ultratech Cement Q1FY2016 sees better operating performance

Results on July 21, 2015

• Asian Paints, SKF India, Bayer Crop, Eicher Motors, HUL, Sanofi India, Infosys, HDFC Bank, Welspun Corp, Idea Cellular, Cairn India, Edelweiss Financial, Indiabulls Hsg. Finance.

The crucial resistance for Nifty is now seen at 8655 and above this 8705. Support for the immediate term is now placed at 8575 and next support will be 8525.

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