INDIAN BENCHMARKS rebound after Russia ceasefire
INDIAN EQUITY BENCHMARKS rallied around 1 percent, in a sharp turnaround from earlier mild losses after the leaders of Germany, France, Russia and Ukraine reached a deal to end fighting in eastern Ukraine, sparking gains in global markets. The S&P BSE Sensex and CNX Nifty ended 0.95%-0.98% higher each.
Reliance Capital Q3 consolidated net profit up 28% (YoY)
Hindalco Inds Q3 Profits below estimates
BOI Q3 earnings disappoint; Net Profit falls 70% (YoY)
Neyveli Lignite Q3 net profit down 37% (YoY)
The crucial resistance for Nifty is now seen at 8775 and above this 8815. Support for the immediate term is now placed at 8620 and next support will be 8585.
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