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free stock cash Tips

Wednesday, March 8, 2017

Equity Tips

Benchmark indices closed lower ahead of exit polls for assembly elections, weighed by oil, metals, auto, infra and select private banks stocks.
The 30-share BSE Sensex was down 97.62 points at 28901.94 and the 50-share NSE Nifty fell 22.60 points to 8924.30.
The broader markets underperformed benchmarks, falling more than 0.6 percent on weak breadth. About 1758 shares declined against 1069 advancing shares on the BSE.

Reliance Industries, Infosys, ONGC, Mahindra & Mahindra and Tata Steel were biggest losers, down 1-2 percent whereas HDFC Bank, TCS, SBI, ITC and HUL ended moderately higher.

Wockhardt gets warning for Morton Grove facility.
Apollo Hospitals raises fund via NCDs.
Unichem Labs receives ANDA approval from USFDA for drug.

The crucial resistance for Nifty spot is now seen at 8980 and above this 9020 Support for the immediate term is now placed at 8900 and next support will be 8865.

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