1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

INDIAN BENCHMARKS gain on Fed rally; post best week since mid-June

Discussion in 'Stock Market Discussions' started by capitalstars05, Oct 9, 2015.

  1. capitalstars05

    capitalstars05 New Member

    Sep 26, 2014
    Likes Received:
    INDIAN EQUITY BENCHMARKS[]/b rose to a seven-week high on Friday, and were headed for a second consecutive weekly gain, tracking a rally in Asian markets after minutes from the Federal Reserve's latest meeting quelled expectations of an imminent U.S. rate hike. The S&P BSE Sensex and CNX Nifty ended 0.87% and 0.74% higher each.

    Headlines for the day:
    IndusInd Bank Q2FY16 results – Strong Performance
    Patanjali ties up with Future group for distribution
    Domestic car sales rise 9.5% in September

    The crucial resistance for Nifty is now seen at 8255 and above this 8295. Support for the immediate term is now placed at 8150 and next support will be 8105.
    #1 capitalstars05, Oct 9, 2015
    Last edited by a moderator: Oct 15, 2015

Share This Page