INDIAN EQUITY MARKET WRAP UP-19 FEB 2015

Nifty Futures Tips

INDIAN BENCHMARKS gain for 7th straight session; metals, miners surge

INDIAN EQUITY BENCHMARKS  gained for a 7th straight day on Thursday in a volatile session that saw metals and mining companies such as Hindalco, JSPL surging after the successful completion of the country's first auction to sell mines.

·   JSPL rallies on winning Gare Palma IV

·   Sugar stocks surge on rise in production; subsidy hopes

·   Indian commercial banks' credit grow 10.38% till February 6

The crucial resistance for Nifty is now seen at 8965 and above this 8995. Support for the immediate term is now placed at 8795 and next support will be 8755.

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