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INDIAN BENCHMARKS: SENSEX ENDS OVER 100 POINTS UP, IT SECTOR SHINES

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The Street has ended the session on a positive note, with the Sensex closing over 100 points higher, but the Nifty has ended just below 10,400-mark.
The Sensex closed higher by 141.27 points or 0.42% at 33844.86, while the Nifty was up 37.10 points or 0.36% at 10397.50. The market breadth was negative as 1122 shares advanced, against a decline of 1584 shares, while 212 shares are unchanged.

TCS, HCL Tech, Tech Mahindra and ITC were the top gainers, while Sun Pharma, IndusInd Bank, and Hindalco lost the most.

HEADLINES OF THE DAY
Sun Pharma plummets 5% on news of USFDA inspection.
Biocon’s Malaysia facility gets six USFDA observations.
Gitanjali Gems down 10% on report of closure of company.

The crucial resistance for Nifty spot is now seen at 10490 and above this 10575. Support for the immediate term is now placed at 10300 next support will be 10210.

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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