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Tuesday, September 27, 2016

Equity Tips

INDIAN BENCHMARKS: SENSEX DOWN 70 PONITS, NIFTY 50 @ 8706.40

The market has ended lower on weak global cues. The Sensex was down 70.58 points or 0.2 percent at 28223.70, and the Nifty was down 16.65 points or 0.2 percent at 8706.40.

About 1264 shares have advanced, 1416 shares declined, and 216 shares are unchanged.
TCS, Lupin, Wipro, Asian Paints and Sun Pharma were top gainers in the Sensex. Among losers are Bharti Airtel, Adani Ports, L&T, GAIL and BHEL.

HEADLINES OF THE DAY
ONGC divestment on the cards, hangover on stock in near term
Six SME IPOs to hit markets this week
ZEEL gains on plans to acquire TV9

The crucial resistance for Nifty spot is now seen at 8752 and above this 8817. Support for the immediate term is now placed at 8685 and next support will be 8620.

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