INDIANBENCHMARKS closed flat with negative bias as investors turned cautious ahead ofthe expiry of April derivative contracts on tomorrow.
Further,
HDFC Bank fourth quarter(January-March) net profit rising 23 percent
year-on-year to Rs 2,326 crore,driven by higher other income and fall in
provisions. MRF tumbled 7.7%after net profit declined 18.86% to Rs
170.87 crore on 13.66% growth in totalincome to Rs 3309.66 crore in Q2
March 2014 over Q2 March 2013.
Thecrucial resistance for Nifty is now seen at 6850 and above this 6900.Support for the immediate term is now placed at 6700 and next supportwill be 6650.
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