Monday, 7 April 2014
INDIAN BENCHMARKS
ended flat amid a volatile trading session after elections for the 16th Lok
Sabha kicked off today.
Further, HDIL
ended up 1.5% , after Nomura Singapore Limited acquired nearly 1 percentage
point stake in the Mumbai-based real estate firm through an open market
transaction. State Bank of India is selling off its
non-performing assets of around Rs 40 billion for the financial year 2013-14 to
asset reconstruction companies.
The crucial resistance for Nifty is now seen at 6740
and above this 6780. Support for the immediate term is now placed at
6580 and next support will be 6540.
