Monday, September 21, 2015

CapitalStars Updates: INDIAN EQUITY BENCHMARKS WRAPUP

CapitalStars Updates: Nifty Futures Tips

INDIAN EQUITY BENCHMARKS traded marginally lower on Monday following weaker U.S. markets last week after the Federal Reserve's decision to keep interest rates steady at record lows sparked worries about global growth. The S&P BSE Sensex and CNX Nifty ended 0.10%-0.06% lower each.


Headlines for the day: 
  • Top companies bag contracts for Eastern Peripheral Expressway project
  • Strides Arcolab surges on acquiring CNS divisions of Ranbaxy
  • Government hikes import duty on crude edible oil

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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