INDIAN BENCHMARKS trim gains.
INDIAN EQUITY BENCHMARKS retreated from higher levels but continued to trade in the green zone led by by RIL, ICICI Bank.
Further, IRB Infrastructure Developers Ltd has posted a net profit of Rs. 1092.319 mn for the quarter ended March 31, 2014 as compared to Rs. 1511.374 million for the quarter ended March 31, 2013. Coal India hit their highest level in nearly three years after on speculation that PM-elect Narendra Modi, was exploring breaking up the company and opening up the sector for foreign investment.
The crucial resistance for Nifty is now seen at 7320 and above this 7360. Support for the immediate term is now placed at 7190 and next support will be 7130.
INDIAN EQUITY BENCHMARKS retreated from higher levels but continued to trade in the green zone led by by RIL, ICICI Bank.
Further, IRB Infrastructure Developers Ltd has posted a net profit of Rs. 1092.319 mn for the quarter ended March 31, 2014 as compared to Rs. 1511.374 million for the quarter ended March 31, 2013. Coal India hit their highest level in nearly three years after on speculation that PM-elect Narendra Modi, was exploring breaking up the company and opening up the sector for foreign investment.
The crucial resistance for Nifty is now seen at 7320 and above this 7360. Support for the immediate term is now placed at 7190 and next support will be 7130.
NEWS TO WATCH:
Watch out for the quarterly earnings of HDIL, ITC, Strides Arcolab on 23RD May 2014.
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