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Tricks and Tips

Monday, 12 January 2015

INDIAN EQUITY MARKET WRAPUP -12 JAN 2015


Equity tips, nifty tips , BSE , sensex, CNX nifty, stock cash
INDIAN BENCHMARKS rise as Europe gains; CPI data in focus
INDIAN EQUITY BENCHMARKS reversed losses to end stronger on Monday on optimism ahead of the retail inflation data due later in the day while sentiment was boosted after European shares gained on increased mergers and acquisition activity in the healthcare sector. The S&P BSE Sensex and CNX Nifty ended 0.46% higher each.
  • World Bank projects 6.4% economic growth in India in 2015.
  • Automobile industry body SIAM cuts growth forecast for FY15.
  • United Spirits soars on Diageo deal approval.
The crucial resistance for Nifty is now seen at 8375 and above this 8420. Support for the immediate term is now placed at 8185 and next support will be 8125.



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