Thursday, October 15, 2015

CapitalStars Updates: INDIAN BENCHMARKS WRAPUP

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INDIAN BENCHMARKS gain nearly 1 pct after 3 days of falls
                                                                   

INDIAN EQUITY BENCHMARKS  rose on Thursday to post their first gaining session in four, as consumer demand-related firms such as Maruti Suzuki rose on hopes for a surge in sales during the coming festive season. The S&P BSE Sensex and CNX Nifty ended 0.86% and 0.88% higher each.
                                                   
Headlines for the day:

  • Sintex Inds Q2 consolidated net profit up 36% (YoY)
  • LIC Hsg Q2FY16 - Positive surprise on core income growth
  • DB Corp weak Q2 earnings
The crucial resistance for Nifty is now seen at 8210 and above this 8255. Support for the immediate term is now placed at 8140 and next support will be 8105.

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