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INDIAN BENCHMARKS post third straight weekly loss

INDIAN EQUITY BENCHMARKS closed little changed after a volatile session on Friday, posting their third consecutive weekly loss on concerns about rising tensions in the Middle East. The S&P BSE Sensex rose 0.10% and CNX Nifty ended 0.01% lower today.                            

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The crucial resistance for Nifty is now seen at 8485 and above this 8525. Support for the immediate term is now placed at 8325 and next support will be 8270.

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