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INDIAN BENCHMARKS: SENSEX NIFTY ENDS ON FLAT NOTE

Equity Tips

Benchmark indices began the week on a flat note, after trading Range bound through the day. Midcaps managed to outperform frontline Sensex and Nifty.

The Sensex was up 17.10 points at 33359.90, while the Nifty was up 15.20 points at 10298.80. The market breadth was positive as 1652 shares advanced against a decline of 1025 shares, while 159 shares were unchanged.

Coal India, ONGC, GAIL and Tata Power were the top gainers, while ICICI Bank, DRL, and Ambuja Cements were the top losers.

HEADLINES OF THE DAY
Divi's Lab seen up as USFDA clears Vizag Unit-II.
Moody's assigns Baa2 to RIL's proposed dollar-denominated bonds.
Biocon rallies 4% after Bengaluru unit gets cleared by US FDA.

The crucial resistance for Nifty spot is now seen at 10350 and above this 10430. Support for the immediate term is now placed at 10200 and next support will be 10125.

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