INDIAN EQUITY MARKET WRAP UP-09 SEPTEMBER 2015

Bank Nifty Live

INDIAN BENCHMARKS end higher on global markets, reforms
                                                                    
INDIAN EQUITY BENCHMARKS  extended gains from the previous session and were trading about 2 percent higher on Wednesday, heading towards their highest close in over a week, propped by buoyant global markets. The S&P BSE Sensex and CNX Nifty ended 1.59%-1.70% higher each.
                                                   
Headlines for the day:
ITC plans to set up three new facilities to expand FMCG biz
US clears TCS, Infosys of charges of visa violation
Cabinet approves spectrum trading across all spectrum bands
                          
The crucial resistance for Nifty is now seen at 7875 and above this 7905. Support for the immediate term is now placed at 7770 and next support will be 7725.

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