Thursday, August 27, 2015

CapitalStars Updates: INDIAN EQUITY BENCHMARKS

CapitalStars Updates:

INDIAN EQUITY BENCHMARKS  gained more than 2 percent on Thursday, heading for their biggest daily gains in two weeks, as upbeat global equity markets sparked a wave of bargain-hunting ahead of the expiry of derivative contracts at the end of the session. The S&P BSE Sensex and CNX Nifty ended 2.01%-2.02% higher each.Headlines for the day: 

Headlines for the day:

  • Stock Idea – Big gains in small pack
  • Recent correction gives a buying opportunity
  • Government may pare stakes in some banks to 33%                     

The crucial resistance for Nifty is now seen at 8025 and above this 8075. Support for the immediate term is now placed at 7925 and next support will be 7895.

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