INDIAN BENCHMARKS snaps 8-day winning streak; Europe slides on Greece
INDIAN EQUITY BENCHMARKS fell on Wednesday, to snap an eight-day winning streak, its longest advance in nearly five months, tracking sharp declines in European shares after Greece said international lenders had rejected its latest proposals. The S&P BSE Sensex and CNX Nifty ended 0.27%-0.25% lower each.
Headlines for the day:
Stock update: Prospects of a good monsoon improve
Persistent Systems slumps on weak Q1 outlook
Stock which hit century in one month
The crucial resistance for Nifty is now seen at 8440 and above this 8485. Support for the immediate term is now placed at 8260 and next support will be 8215.
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