Thursday, September 3, 2015

CapitalStars Updates: INDIAN EQUITY BENCHMARKS WRAPUP

CapitalStars Updates:

INDIAN EQUITY BENCHMARKS rose more than 1 percent on Thursday, snapping their three straight sessions of losses, as investors bought beaten-down stocks while upbeat U.S. markets overnight also improved sentiment. The S&P BSE Sensex and CNX Nifty ended 1.22%-1.37% higher each.

Headlines for the day: 

  • August Services PMI improves
  • Strong growth in MHCVs while motorcycles and tractors stutter
  • Valuations become attractive post-correction 

The crucial resistance for Nifty is now seen at 7825 and above this 7875. Support for the immediate term is now placed at 7705 and next support will be 7675.

CapitalStars Financial Research Private Limited is an advisory company incepted with a vision of providing fair and accurate trading and investment calls in share and commodity market. CapitalStars also aveliable on social network
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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