Friday, 4 April 2014
INDIAN EQUITY BENCHMARKS edged
lower on the last trading day of the week as investors took profit in most
blue-chip stocks after nine consecutive days of record highs. This cautious
move came ahead of the key US jobs data later in the day.
Further, HDIL rallies 30% post Kotak
Securities stake buy. On March 27, 2014 Kotak Securities bought 2.13 million
shares of HDIL at Rs 51.56.Shares of Crompton Greaves jumped over 2 percent as
its power transformer plant at Indonesia bagged order worth USD 29 million.
The crucial resistance for Nifty is now
seen at 6600 and above this 6615. Support for the immediate term
is now placed at 6500 and next
support will be 6470.
