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Monday, July 13, 2015

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INDIAN BENCHMARKS post biggest single-day gain in 3 weeks
                                                                   
INDIAN EQUITY BENCHMARKS  ended more than a percent higher on Monday with blue-chips leading the gainers on rising risk appetite after euro zone leaders clinched a deal with Greece to negotiate a third bailout. The S&P BSE Sensex and CNX Nifty ended 1.08%-1.19% higher each.
                                                 
Headlines for the day:    
Sintex Industries drops post Q1 earnings
IndusInd Bank Q1 profit beats estimates
IIP growth for May 2015 declines to 2.7%
             
The crucial resistance for Nifty is now seen at 8505 and above this 8555. Support for the immediate term is now placed at 8415 and next support will be 8375.

Capitalstars Financial Research Private Limited is a research house and an investment advisory carrying out operations in the Indian Equities and commodity market. 

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