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Friday, March 31, 2017

Equity Tips

INDIAN BENCHMARKS: SENSEX NIFTY CLOSED FLAT

Equity benchmarks closed flat amid volatility and subdued global cues. The 30-share BSE Sensex was down 26.92 points at 29,620.50 and the 50-share NSE Nifty closed flat at 9,173.75.
In broader space, SCI, ICICI Prudential and Cairn gained more than 2 percent.
However, Infibeam Incorporation was down more than 15 percent after addition in F&O segment.

United Bank of India, Just Dial, Motherson Sumi and Dishman Pharma lost 2-5 percent.

HEADLINES OF THE DAY
Glenmark gets USFDA nod for Milnacipran Hydrochloride tablets.
Capital First surges ahead of board meeting.
IRB Infra board approves acquisition of 34% stake in Aryan Infra.

The crucial resistance for Nifty spot is now seen at 9220 and above this 9300.Support for the immediate term is now placed at 9100 and next support will be 9035.

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