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INDIAN BENCHMARKS: SENSEX ENDS OVER 100 POINTS LOWER NIFTY DOWN 29 POINTS

Equity Tips

Equity benchmarks ended the session on a negative note, with the Sensex closing over 100 points lower.
The 30-share Sensex is down 105.85 points at 33618.59, while the Nifty is down 29.20 points at 10370.30. The market breadth was narrow as 1367 shares advanced against a decline of 1344 shares, while 158 shares were unchanged.

BHEL, Maruti Suzuki, Indiabulls Housing and Zee Entertainment gained the most, while NTPC, Bharti Airtel, Bharti Infratel and Aurobindo Pharma were the top losers.

HEADLINES OF THE DAY
Ashok Leyland in pact with Hino Motors (Japan) to develop BS-VI engines.
IDBI Bank seen up as bank to sell 1.5% stake in NSE.
HDIL gets shareholders’ approval to issue 2cr warrants to promoter.

The crucial resistance for Nifty spot is now seen at 10430 and above this 10500.Support for the immediate term is now placed at 10300 and next support will be10260.

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