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Wednesday, December 24, 2014

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INDIAN BENCHMARKS fall over 1 pct ; China , derivatives expiry weigh
                                                                                                                                  
INDIAN EQUITY BENCHMARKS   fell over 1% to mark a second consecutive session of declines on Thursday after blue-chips such as Housing Development Finance Corp tracked falls in Chinese stocks and the expiry of monthly derivatives contracts. The S&P BSE Sensex and CNX Nifty ended 1.08%-1.12% lower each.

Opto Circuits spurts 16% on Cabinet nod for easing FDI norms.
November all India telecom net adds grow by 1.24%.
Bharati Shipyard surges in weak trend.

The crucial resistance for Nifty is now seen at 8305  and above this 8375. Support for the immediate term is now placed at 8215 and next support will be 8140.

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