INDIAN EQUITY BENCHMARKS record
high as software exporters such as Infosys rallied after strong US
manufacturing and construction data, while continued foreign buying and falling
oil prices also helped.
·
Bharti Airtel was up 3% after the
company said its arm signed an agreement to acquire over 2.7 million
subscribers of yuMobile.
·
Further, Shares of Tata Motors gained
nearly 3%, after a slew of rating upgrades. Morgan Stanley upgrades the stock
to Overweight from Equal-weight.
The crucial resistance for Nifty is now seen at 8140
and above this 8165. Support for the immediate term is now placed at
8090 and next support will be 8040.
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