INDIAN BENCHMARKS fall for seventh day ahead of Delhi election results
INDIAN EQUITY BENCHMARKS fell over 1.5 percent on Monday, falling for a seventh consecutive session, as exit polls showed Prime Minister Narendra Modi facing electoral defeat in Delhi, raising concerns that the government may not gain control in the upper house of the parliament. The S&P BSE Se nsex and CNX Nifty ended 1.71%-1.56% lower each.
Corporation Bank Q3 net profit up 17% (YoY)
L&T Q3 earnings below street estimates
Jaiprakash Power Q3 net loss at Rs90 cr (YoY)
Piramal Enterprises Q3 consolidated net profit at Rs249 cr (YoY)
The crucial resistance for Nifty is now seen at 8670 and above this 8735. Support for the immediate term is now placed at 8520 and next support will be 8470.
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