Wednesday, September 16, 2015

CapitalStars Updates: INDIAN EQUITY BENCHMARKS WRAPUP

CapitalStars Updates: Nifty Futures Tips

INDIAN EQUITY BENCHMARKS  fell on Thursday, hovering near over one-year low touched earlier this week, tracking declines around the region after lacklustre Chinese economic data added to heightened worries about the global economy. The S&P BSE Sensex and CNX Nifty ended 0.38%-0.39% lower each.



Headlines for the day: 

  • Improving Macros build case for RBI rate cut
  • Texmaco to buy stake in bright power; stk up
  • Corporation Bank gains as LIC looks to infuse funds

The crucial resistance for Nifty is now seen at 7895 and above this 7925. Support for the immediate term is now placed at 7775 and next support will be 7725.

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