Monday, 21 April 2014
INDIAN EQUITY BENCHMARKS
ended at fresh all-time closing highs, amid aggressive buying in late
trades, with capital goods and bank shares leading the gains.
Further, LIC
Housing Finance Q4 net profit after tax for the Q4 FY14 was Rs 370.02
crore as compared to Rs 316.16 crores in the corresponding period
previous year, thus showing a growth of 17 percent. Sesa Sterlite ended
up 4.8% after the Supreme Court lifted iron ore mining ban in Goa with a
cap of not exceeding 20 mTPA and that the Goa govt must consider all
leases expired post 2007.
The crucial
resistance for Nifty is now seen at 6830 and above this 6880. Support
for the immediate term is now placed at 6700 and next support will be
6670.
