INDIAN BENCHMARKS higher; NSE posts 10 straight sessions of gains
INDIAN EQUITY BENCHMARKS gained 0.4 percent, rising for a tenth consecutive session, its longest winning streak since September 2007, as shares of capital goods firms rose ahead of the fiscal budget next month and oil retailers benefited from a slump in crude prices. The S&P BSE Sensex and CNX Nifty ended 0.41%-0.43% higher each.
· OBC Q3 disappoints; Asset Quality Worsens
· sian Paints Q3 below estimates; Consolidated net profit at Rs368 cr
· Dr Reddys Lab consolidated Q3 net profit at Rs575 crore
· HDFC Q3 Profits In-Line with Estimates
· Sesa Sterlite Q3 consolidated net profit down 15% (YoY)
The crucial resistance for Nifty is now seen at 8995 and above this 9050. Support for the immediate term is now placed at 8835 and next support will be 8755.
INDIAN EQUITY BENCHMARKS gained 0.4 percent, rising for a tenth consecutive session, its longest winning streak since September 2007, as shares of capital goods firms rose ahead of the fiscal budget next month and oil retailers benefited from a slump in crude prices. The S&P BSE Sensex and CNX Nifty ended 0.41%-0.43% higher each.
· OBC Q3 disappoints; Asset Quality Worsens
· sian Paints Q3 below estimates; Consolidated net profit at Rs368 cr
· Dr Reddys Lab consolidated Q3 net profit at Rs575 crore
· HDFC Q3 Profits In-Line with Estimates
· Sesa Sterlite Q3 consolidated net profit down 15% (YoY)
The crucial resistance for Nifty is now seen at 8995 and above this 9050. Support for the immediate term is now placed at 8835 and next support will be 8755.
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