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INDIAN BENCHMARKS: SENSEX NIFTY ENDS FLAT, NIFTY ABOVE 9650

Equity Tips

Equity benchmark indices ended the session on a flat note, with a tad negative bias. The Nifty close above 9650-mark.
The Sensex closed down 8.71 points at 31360.63, while the Nifty ended 8.75 points lower at 9665.80. The market breath was narrow as 1393 shares advanced against a decline of 1284 shares, while 137 shares were unchanged.

Lupin and Reliance were the top gainers on both indices, while ICICI Bank, ONGC, Bharti Infratel, and Indiabulls Housing lost the most.

HEADLINES OF THE DAY
Tata Chemical to start operations at Haldia plant.
RBL Bank drops on reporting gross NPAs of Rs208.05 cr.
Glenmark gains on USFDA nod for generic drug.

The crucial resistance for Nifty spot is now seen at 9720 and above this 9755. Support for the immediate term is now placed at 9650 and next support will be 9595.

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