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Friday, October 16, 2015

Equity Tips
INDIAN BENCHMARK rallied in the week ended. Both the key indices attained 7-week closing high. The barometer index, the S&P BSE Sensex regained the psychological 27,000 mark and the 50-unit CNX Nifty regained the psychological 8,000 mark during the week.

The Sensex rose 858.56 points or 3.27% to settle at 27,079.51, its highest closing level since 21August 2015. The 50-unit CNX Nifty gained 238.80 points or 3% to settle at 8,189.70, its highest closing level since 21 August 2015.

GLOBAL MARKET CHASE

ASIAN STOCKS rose taking their cue from a jump in oil prices as well as gains on WallStreet after minutes of the Federal Reserve's latest meeting led investors to further pare bets that the central bank will hike interest rates this year.

U.S. STOCKS index futures poised for a higher opening at the Wall Street on Friday.

EUROPEAN STOCKS climbed to a one-month high and were set for their best weekly gain since late January on renewed hopes that central banks would keep monetary policy loose for
longer.

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