Thursday, 3 April 2014
INDIAN BENCHMARKS snapped its
10-day winning streak as investors booked profits at higher levels in banking,
oil & gas and capital goods stocks.
Further, Shares of Larsen and Toubro
trimmed losses in late trade after the management clarified about write-off of
slow moving orders. Shares
of Torrent Pharmaceuticals gain after private equity firm ChrysCapital has
invested around USD 40 million in company.
The
crucial resistance for Nifty is now seen at 6780 and above this 6830.
Support for the immediate term is now placed at 6600 and next support
will be 6580.
