INDIAN EQUITY BENCHMARKS gained for the
third straight day, amid strong buying interest from foreign institutional
investors, with auto and metal shares leading the gains.
Further, Maruti Suzuki ended up 6% ,
after reporting a 33.5% year on year increase in its total sales for June at
1,12,773 units. It had sold 84,455 units in the same month last year. Sterlite
Technologies gain after it bagged nearly Rs 2500 crore of contracts from BSNL
to implement end-to-end rollout of optical fiber network for defense services.
The
crucial resistance for Nifty is now seen at 7665 and above this 7700.
Support for the immediate term is now placed at 7600 and next
support will be 7530.
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