INDIAN BENCHMARKS close at highest level in nearly one month
INDIAN EQUITY BENCHMARKS closed at their highest level in nearly one month on Wednesday as blue chips advanced on resumption of buying by foreign investors, while forecast of a timely monsoon continued to raise hopes the central bank would lower interest rates in June. The S&P BSE Sensex and CNX Nifty ended 0.69% higher each.
Headlines for the day:
Bharat Forge Q4 standalone net profit up 71% (YoY)
Bajaj Finance Q4 net profit rises by 27% (YoY)
ENIL strong Q4 numbers, beat consensus estimates
Results on May 21, 2015
Indiabulls Real Estate, Shree Renuka Sugar, ICRA, Zee Entertainment, SCI, MMTC, Voltas, CESC, Britannia Inds, Bajaj Holdings
The crucial resistance for Nifty is now seen at 8445 and above this 8467 . Support for the immediate term is now placed at 8396 and next support will be 8369.
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