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CAPITALSTARS – INDIAN EQUITY MARKET WRAP UP – 10 JAN 2018

market-wrap-up

INDIAN BENCHMARKS: SENSEX NIFTY ENDS FLAT DESPITE CRUDE JUMP

Benchmark indices closed flat after volatility throughout the session.

The 30-share BSE Sensex was down 10.12 points at 34,433.07 and the 50-share NSE Nifty fell 4.80 points to 10,632.20.

About 1,604 shares declined against 1,312 advancing shares on the BSE.

HEADLINES OF THE DAY

Motherson Sumi subsidiary enters into JV with Ossia for patented wireless technology.

Telecom stocks gain as TRAI raises spectrum holding limit.

The Union Cabinet has approved 100% FDI in single brand retail via automatic route.

The crucial resistance for Nifty spot is now seen at 10660 and above this 10730.Support for the immediate term is now placed at 10580 and next support will be 10530.

RESULT ON 11 JAN: BAJAJ CORP, SINTEX, TCS, INDUSIND BANK, SHREE CEM, HINDUSTAN MEDIA

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