INDIAN BENCHMARKS mark steepest fall in nearly 1 month on retrospective tax worries
INDIAN EQUITY BENCHMARKS fell nearly 2% on Monday, marking their steepest fall in nearly one month as most blue-chips declined on worries that retrospective taxation could lead to foreign portfolio outflows. The S&P BSE Sensex and CNX Nifty ended 1.95-1.83% lower each.
Results on April 21, 2015
Wipro, HCL Technologies
Headlines for the day:
Lupin launches branded product-Zaxine in Canada
LIC Housing Finance Q4 asset quality improves
Strong refining margin lifts earnings; beats Street estimates
The crucial resistance for Nifty is now seen at 8545 and above this 8575. Support for the immediate term is now placed at 8445 and next support will be 8405.
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