INDIAN EQUITY MARKET WRAP UP-26 AUGUST 2015

Sgx Nifty

INDIAN BENCHMARKS end over 1 pct lower
                                                                    
INDIAN EQUITY BENCHMARKS  saw volatile trade on Wednesday as wary investors shied away from risky bets on fears that a rate cut in China was not enough to stabilise its slowing economy or halt a collapse in stocks. The S&P BSE Sensex and CNX Nifty ended 1.22%-1.33% lower each.
                                                   
Headlines for the day:
Federal Bank falls Morgan Stanley stake sale
IT Sector update: Rupee tailwinds, positive cushion for margins
L&T Construction wins order from KAHRAMAA
                                   
The crucial resistance for Nifty is now seen at 7870 and above this 7895. Support for the immediate term is now placed at 7750 and next support will be 7715.

Visit Our More Services Here:



Share on Google Plus

About Pooja Pariya

This is a short description in the author block about the author. You edit it by entering text in the "Biographical Info" field in the user admin panel.
    Blogger Comment

1 comments:

  1. Nice post as current Budget 2017 Corp I-T rate may be cut by 1.25-1.5 percentage points FM Arun Jaitley may announce overhaul of India’s corporate tax structure by slashing the statutory rate and removing layers of exemptions, incentives and deductions that had made the system complex and prone to misuse. Equity tips


    ReplyDelete