INDIAN BENCHMARKS: Late recovery saves the Day: Global pressure pulls DStreet down
Indian shares fell more than 1 percent on Thursday, heading for their fifth fall in six sessions, reflecting the negative sentiment across the globe after the Bank of Japan refrained from taking further stimulus steps. The S&P BSE Sensex and CNX Nifty fell 0.75%-0.80% each today.
HEADLINES OF THE DAY
- OMC’s hike Petrol price by 5 paise/litre
- Mahanagar Gas IPO to open on June 21
- Fertiliser output likely to set new record at 25.5 MT in FY17
- Tata Motors JLR begins operations at Brazilian plant
The crucial resistance for Nifty spot is now seen at 8205 and above this 8255. Support for the immediate term is now placed at 8102 and next support will be 8075.
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