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INDIAN BENCHMARKS: SENSEX REBOUNDS 117 POINTS NIFTY ABOVE 10150

Equity Tips

Equity benchmarks rebounded on Monday after a consolidation in previous week.

The 30-share BSE Sensex was up 116.76 points at 32,506.72 and the 50-share NSE Nifty rose 38.40 points to 10,184.90.
About 1,421 shares declined against 1,293 advancing shares on the BSE.
Reliance Industries, telecom stocks, ICICI Bank, HDFC Bank and Infosys helped Sensex gain 117 pts, but HDFC and ITC capped gains.

HEADLINES OF THE DAY

Ramco Systems sets up subsidiary in Indonesia.
Adani Ports hits 1-month high as promoter buys more stake.
Havells India Q2FY18 standalone net profit rises 17.3% yoy.

The crucial resistance for Nifty spot is now seen at 10280 and above this 10375.Support for the immediate term is now placed at 10180 and next support will be 10100.

UPCOMING RESULTS: AMBUJACEM, ASIAN PIANT, CHAMBALFERT, HDFCBANK, RAYMOND, ZEEL, INFY, GHCL, L&TFH

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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