Monday, November 16, 2015

CapitalStars Updates: INDIAN BENCHMARKS WRAPUP

     , , , , , , , ,  35 comments
INDIAN BENCHMARKS, Bulls claw back: Nifty above 7800
                                                                   
India's stock markets bounced back to post its biggest single-day percentage gain in a month on local media reports that the government would discuss a roadmap to roll out the proposed goods and services tax (GST) next month. The S&P BSE Sensex and CNX Nifty ended 0.58% and 0.57% higher each.


Major Headlines:
  • October WPI at -3.81%
  • JLR October 2015 global wholesale volumes up 26.9% YoY
  • Petrol price hiked by 36 paise; diesel up 87 paise .
The crucial resistance for Nifty is now seen at 7865 and above this 7905. Support for the immediate term is now placed at 7705 and next support will be 7675.

Read more about:

www.capitalstars.com | T:+91-731-6790000,6669900
CapitalStars Financial Research Financial Advisory Services 



Location: India

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