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INDIAN BENCHMARKS: SENSEX NIFTY ENDS FLAT AHEAD OF GDP DATA

Equity Tips

Equity benchmarks closed lower on profit booking as investor’s maintained cautious stance ahead of GDP data due later today.
The 30-share BSE Sensex was down 13.60 points at 31,145.80 and the 50-share NSE Nifty slipped 3.30 points to 9,621.25 despite positive market breadth.

About 1375 shares advanced against 1294 declining shares on the BSE.

HEADLINES OF THE DAY
Glenmark gets USFDA nod for ADHD drug.
BEML Q4 net profit up 27%.
Coal India on losing streak as Q4FY17 misses estimates.

The crucial resistance for Nifty spot is now seen at 9640 and above this 9670.Support for the immediate term is now placed at 9580 and next support will be 9500.

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