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CapitalStars Updates: INDIAN BENCHMARKS WRAPUP

Discussion in 'Stock Market News & Analysis' started by Capitalstars King, Nov 10, 2015.

  1. Capitalstars King

    Capitalstars King New Member

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    INDIAN BENCHMARKS: NIFTY BELOW 7800, SENSEX CRASHES 400 POINTS IN PRE-DIWALI TRADE

    In a pre-Diwali trade, the market fell sharply in last hour of trade. The Nifty ended at lowest closing since September 8. The 50-share index slumped 1131.85 points or 1.7 percent at 7783.35 while the Sensex slipped 378.14 points or 1.4 percent at 25743.26.

    Bajaj Auto, Hero Moto Corp, Maruti, M&M and Axis Bank are top gainers while ONGC, Dr Reddy's Labs, Hindpetro, Coal India, Lupin, and Reliance are losers in the Sensex

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    Headlines of the day:
    • Hindalco drops after weak Novelis earnings
    • Eros International Q2FY16 results beat estimates
    • Maruti Suzuki receives 21,000 bookings for Baleno
    RESULT’S ON 13 NOV 2015:
    CESC, COALINIDA, KAVERI SEED, PRESTIGE ESTATE, SOBHA


    The crucial resistance for Nifty is now seen at 7860 and above this 7910. Support for the immediate term is now placed at 7765 and next support will be 7710.

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