INDIAN EQUITY MARKET WRAPUP - 12 DEC 2014

INDIAN BENCHMARKS dismal end...Nifty shuts below 8250
INDIAN EQUITY BENCHMARKS fell for a fifth session in six  to post its worst weekly loss since July as oil explorers continued to slump after Brent crude prices slipped to below $63 a barrel.

• JLR November 2014 global retail volumes down 2.1% YoY.
• Union Minister: revival of 6-7 fertilizer mfg facilities done.
• Further ,TTK Prestige FY15 sales guidance revised to 12-14%.

The crucial resistance for Nifty is now seen at 8375  and above this 8435. Support for the immediate term is now placed at 8260 and next support will be 8195.