INDIAN EQUITY MARKET WRAP UP-15 JULY 2015

INDIAN BENCHMARKS marks highest close in nearly three months

                                                                    

INDIAN EQUITY BENCHMARKS  rose on Wednesday, heading towards their highest close in 1-1/2 weeks on optimism that India, which imports almost a third of its crude requirements, would benefit from weak oil prices on the back of the Iran nuclear deal. The S&P BSE Sensex and CNX Nifty ended 0.95%-0.82% higher each.

                                                   

Results on July 16, 2015

Cyient, Delta Corp, Mindtree, DB Corp, PMC Fincorp

Headlines for the day:

JLR June 2015 global retail volumes flat YoY

Greenply Industries posts good Q1 in challenging times

Zee Ent Q1 beats Est; Consolidated profit up 16%

Cera Sanitaryware spurts post Q1 numbers

The crucial resistance for Nifty is now seen at 8565 and above this 8595. Support for the immediate term is now placed at 8455 and next support will be 8405.

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