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Thursday, April 17, 2014

INDIAN BENCHMARKS ended on a strong note with active participation by auto, realty and metals.

Mindtree has rallied nearly 5% after its board recommended the issue of bonus shares in the ratio of one equity share for every equity share held. Shares of Radico Khaitan was down 5% after company clarified that from time to time, pursues discussions with various third parties to explore various types of relationships aimed at developing and promoting the business and growth of the Company.

The crucial resistance for Nifty
is now seen at 6810 and above this 6850. Support for the immediate term is now placed at 6650 and next  support will be 6600.

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