INDIAN BENCHMARKS close near 3-week high ahead of Infosys results.
INDIAN EQUITY BENCHMARKS rose on to their highest close in nearly three weeks, as Tata Motors surged to a record high on unit Jaguar Land Rover's sales while Infosys also edged up ahead of its July-September results. Mining and metal stocks were buzzing in trades today on renewed buying demand. Jindal Steel, Tata Steel and Sesa Sterlite increased between 1-2%.
Further, Mphasis Ltd gained 2.5 percent, tracking gains in parent Hewlett-Packard Co. IT stocks ended green, as rupee continued to trade weak in afternoon trade on dollar demand from importers ahead of the US debt payment deadline on October 17.
The crucial resistance for Nifty is now seen at 6110 and above this 6175. Support for the immediate term is now placed at 6005 and next support will be 5965.
Get free trial
0 comments:
Post a Comment