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INDIAN BENCHMARKS: SENSEX ENDS DOWN 350 POINTS, NIFTY BELOW 9850

Equity Tips
Equity Benchmark indices ended the session on a weaker note, with the Nifty closing below 9900-mark.

The Sensex closed down 363.79 points at 31710.99, while the Nifty ended 86.95 points down at 9829.00. The market breadth was negative as 1,006 shares advanced against a decline of 1,677 shares, while 143 shares were unchanged.

ITC, Reliance and GAIL lost the most on both indices, while Asian Paints, BHEL and Eicher Motors gained the most.

Midcaps had a weak session, with the Nifty Midcap index fell over half a percent, but FMCG index fell over 6 percent.

HEADLINES OF THE DAY
Ultratech Cement post stable Q1 earnings.
Cigarette stocks down as GST Council hikes cess.
Tata Motors develops first bio-methane bus.

UPCOMING RESULT: BAJAJFINSERV, CANBK, HAVELLS, KPIT, MASTEK, MINDTREE, STERLITE TECH, BAJFINANCE, JUBLINDS

The crucial resistance for Nifty spot is now seen at 9885 and above this 9930 Support for the immediate term is now placed at 9780 and next support will be 9710.

Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.
CapitalStars Investment Adviser: SEBI Registration Number: INA000001647

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