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Thursday, June 4, 2015

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INDIAN BENCHMARKS falls for 4th day amid volatile trading
                                                                   
INDIAN EQUITY BENCHMARKS  fell for a fourth straight session on Thursday amid volatile trading as concerns the central bank would no longer cut interest rates this year continued to sour sentiment, especially for rate-sensitive stocks. The S&P BSE Sensex and CNX Nifty ended 0.09-0.05% lower each.
                                                           
Headlines for the day:
FDI hits 4-month low in March
Q4FY2015 Results Review: Gradual uptick in execution
Q4FY2015 Result - Healthy operational performance

The crucial resistance for Nifty is now seen at 8185 and above this 8225. Support for the immediate term is now placed at 8095 and next support will be 8050.

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