INDIAN BENCHMARKS edge lower; IT firms extend losses
INDIAN EQUITY BENCHMARKS edged lower on Tuesday, posting a second consecutive losing session as software stocks remained under pressure a day after Infosys Ltd trimmed its U.S. dollar revenue growth guidance. The S&P BSE Sensex and CNX Nifty ended 0.21% and 0.15% lower each.
Headlines for the day:
The crucial resistance for Nifty is now seen at 8205 and above this 8250. Support for the immediate term is now placed at 8125 and next support will be 8095.
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- Positive surprise on industrial output data
The crucial resistance for Nifty is now seen at 8205 and above this 8250. Support for the immediate term is now placed at 8125 and next support will be 8095.
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