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Thursday, March 30, 2017

Equity Tips
Nifty around record closing high, Sensex choppy; CL Educate tanks 20%

Equity benchmarks remained volatile in morning due to lack of global as well as domestic cues. Investors awaited fourth quarter earnings due next month.

The NSE Nifty started off April series on a lower note amid consolidation and mixed Asian cues Friday, weighed by banking & financials stocks.

The 30-share BSE Sensex was down 67 points at 29,580.42 and the 50-share NSE Nifty fell 17.15 points to 9,156.60. About 584 shares advanced against 258 declining shares on the BSE.

The Indian rupee has opened on a flat note at 64.92 against the US dollar.

He expects the pair to trade in the 64.75-65.15 per dollar range for the day.

The dollar rose as a combination of technical trading and a theme of strong US economic data and potential weakness in the euro zone weighed down the continental currency.

Asia traded mixed on the last day of March, as investors digested a mixed set of economic data out of east Asia and President Trump's tense tweets about his meeting with China's Xi Jinping next week.
TAGS #Local Markets.

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