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Wednesday, December 14, 2016


INDIAN BENCHMARKS: NIFTY ENDS BELOW 8200, SENSEX FALLS 99 POINTS

The market has closed lower with the Nifty below 8200. The 50-share index was down 39.35 points or 0.5 percent at 8182.45 and the Sensex slipped down 94.98 points or 0.4 percent at 26602.84.
About 913 shares have advanced, 1729 shares declined, and 149 shares are unchanged.

Axis Bank, Reliance, Infosys, M&M and TCS were top gainers while Coal India, ONGC, Cipla, Bharti Airtel and ITC were losers in the Sensex.

HEADLINES OF THE DAY
November WPI Inflation stands at 3.15%.
TCS: Cyrus Mistry voted out as TCS director.
Lupin gets final nod from USFDA for desoximetasone ointment.

The crucial resistance for Nifty spot is now seen at 8290 and above this 8350 Support for the immediate term is now placed at 8130 and next support will be 7950.

Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.
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