INDIAN BENCHMARKS rise for fourth session; defensives, Reliance rally
INDIAN EQUITY BENCHMARKS rose on Wednesday, marking their fourth straight session of gains, as investors bought defensive stocks such as Hindustan Unilever ahead of the outcome of the U.S. Federal Reserve meeting due later in the day. The S&P BSE Sensex and CNX Nifty ended 0.55% higher each.
Headlines for the day:
ICICI Bank – FY15 Annual report review
Ramky Infra spurts on plans to monetize assets
Essar Power in talks with Adani group to sell assets
The crucial resistance for Nifty is now seen at 8135 and above this 8165. Support for the immediate term is now placed at 8045 and next support will be 7995.
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