Tuesday, October 27, 2015

CapitalStars Updates: INDIAN BENCHMARKS WRAPUP

INDIAN BENCHMARKS  fall for second day, Fed meet eyed
                                                                   

INDIAN EQUITY BENCHMARKS  fell for a second straight session on Tuesday as companies such as Lupin posted disappointing earnings, while sentiment remained cautious ahead of the U.S. Federal Reserve's two-day policy meeting. The S&P BSE Sensex and CNX Nifty ended 0.40% and 0.33% lower each.


Headlines for the day:

  • Axis Bank Q2 earnings in-line with estimates
  • TVS Motor Q2FY2016 PAT 10% above estimate
  • Maruti Suzuki Q2FY2016 net profits marginally below estimates

RESULT’S ON 28TH OCT:  DABUR, AMBUJACEM, JUST DIAL , AMARJA BATTERY , SUN TV , JSW ENERGY , EXIDE INDUSTRIES

The crucial resistance for Nifty is now seen at 8357 and above this 8410. Support for the immediate term is now placed at 8233 and next support will be 8165.

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