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INDIAN BENCHMARKS: SENSEX ENDS FLAT NIFTY ABOVE 9900 FOR FOURTH CONSECUTIVE DAY

Equity Tips

Equity benchmarks closed flat after consolidation as investors looked fresh triggers.
The 30-share BSE Sensex was up 0.77 points at 31,662.74 and the 50-share NSE Nifty gained 13.70 points at 9,929.90.

The BSE Midcap and Smallcap indices gained 0.5-0.8 percent. About 1,396 shares advanced against 1,175 declining shares on the BSE.

HEADLINES OF THE DAY
Asian Paints sets up manufacturing plant in Indonesia.
Nestle gains on introduction of healthier food options.
ICICI Lombard IPO to open for subscription on September 15.

The crucial resistance for Nifty spot is now seen at 9970 and above this 10025. Support for the immediate term is now placed at 9880 and next support will be 9848.

M&M, Dr Reddy’s Labs, Indiabulls Housing, Eicher Motors were the top gainers, while Tata Motors, Tata Motors DVR and BPCL lost the most.

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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