CapitalStars Updates:
INDIAN EQUITY BENCHMARKS saw volatile trade on Wednesday as wary investors shied away from risky bets on fears that a rate cut in China was not enough to stabilise its slowing economy or halt a collapse in stocks. The S&P BSE Sensex and CNX Nifty ended 1.22%-1.33% lower each.
Headlines for the day:
- Federal Bank falls Morgan Stanley stake sale
- IT Sector update: Rupee tailwinds, positive cushion for margins
- L&T Construction wins order from KAHRAMAA
The crucial resistance for
Nifty is now seen at 7870 and above this 7895. Support for the
immediate term is now placed at 7750 and next support will be 7715.
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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.
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CapitalStars Financial Research Financial Advisory Services
CapitalStars Financial Research Financial Advisory Services
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