INDIAN
EQUITY BENCHMARKS ended
nearly 1 percent lower on Friday, dragged down by ICICI Bank on concerns over
its exposure to debt-laden Jaiprakash Group, while Reliance Industries fell
ahead of its quarterly results later in the day. The S&P BSE Sensex and CNX
Nifty ended 0.91%-0.79% lower each.
- ABB Q2 profit growth disappoints; Revenue, margins Inline
- Axis Bank Q1 profit in line; beats on NII
- TVS Motor tanks as Q1FY2016 margins disappoint
- Century Textiles, Coromandel Intl, Ambuja Cement, MRF, Torrent Pharma., Tech Mahindra, Info Edge, KEC Intl., Just Dial
The
crucial resistance for Nifty is now seen at 8605 and above this 8655.
Support for the immediate term is now placed at 8522 and next support
will be 8485.
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