CapitalStars Updates: INDIAN EQUITY BENCHMARKS WRAPUP

CapitalStars Updates:

INDIAN EQUITY BENCHMARKS  fell on Friday to their lowest close in two months, as fears of a China-led deceleration in global growth and escalating tension between South Korea and North Korea gripped markets. The S&P BSE Sensex and CNX Nifty ended 0.88%-0.87% lower each.

Headlines for the day: 

• Tata Motors drops on exit from Rs1 lakh crore mkt-cap club
• Metal index drops on weak economic data in China
• Three IPOs to hit markets next week                                                         

The crucial resistance for Nifty is now seen at 8325 and above this 8355. Support for the immediate term is now placed at 8190 and next support will be 8155.

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