INDIAN BENCHMARKS fall to four-week closing low; Sun Pharma plunges
INDIAN EQUITY BENCHMARKS fell for a fifth straight session on Tuesday and closed at their lowest in nearly four weeks as Sun Pharmaceutical Industries plunged after Japan's Daiichi Sankyo's $3.6 billon share sale in the company. The S&P BSE Sensex and CNX Nifty ended 0.75-0.83% lower each.
Results on April 22, 2015
Rallis India, Yes Bank
Headlines for the day:
Sun Pharma tanks on stake sale by Daiichi Sankyo
HCL Technologies slumps on disappointing Q3 nos
Titagarh Wagons reports robust Q4FY2015 results
The crucial resistance for Nifty is now seen at 8525 and above this 8575. Support for the immediate term is now placed at 8370 and next support will be 8325.
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