INDIAN BENCHMARKS faces global jitters; Rupee hits 13 month low
INDIAN EQUITY BENCHMARKS slumped as much as 2% on Tuesday, marking its biggest daily fall in more than five months, on worries a weakening rupee amid continued global turmoil may force the central bank to delay expected cuts in interest rates. The S&P BSE Se nsex and CNX Nifty ended 1.97%-1.85% lower each.
· OMCs cut prices of Petrol and diesel by Rs2 per litre
· Stock which surprises Street in weak markets
· Further , Tata Motors drops on disappointing JLR sales
The crucial resistance for Nifty is now seen at 8215 and above this 8285 . Support for the immediate term is now placed at 8095 and next support will be 8045.
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INDIAN EQUITY BENCHMARKS slumped as much as 2% on Tuesday, marking its biggest daily fall in more than five months, on worries a weakening rupee amid continued global turmoil may force the central bank to delay expected cuts in interest rates. The S&P BSE Se nsex and CNX Nifty ended 1.97%-1.85% lower each.
· OMCs cut prices of Petrol and diesel by Rs2 per litre
· Stock which surprises Street in weak markets
· Further , Tata Motors drops on disappointing JLR sales
The crucial resistance for Nifty is now seen at 8215 and above this 8285 . Support for the immediate term is now placed at 8095 and next support will be 8045.
Get free trading in equity tips, free equity tips, stock tips, stock cash tips, stock futures tips, commodity tips, nifty tips, nifty futures, mcx tips, ncdex tips, and share market tips etc.
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