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CAPITALSTARS – SENSEX FALLS 113 POINT NIFTY DOWN 21 POINTS

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INDIAN BENCHMARKS: SENSEX FALLS 113 POINT NIFTY DOWN 21 POINTS

Benchmark indices fell for 7th consecutive session on Wednesday, dragged by banks after RBI sounded hawkish while keeping repo rate unchanged.

The 30-share BSE Sensex was down 113.23 points at 34,082.71 and the 50-share NSE Nifty fell 21.60 points to 10,476.70.

About 1,968 shares advanced against 793 declining shares on the BSE.

The market breadth remained positive. About four shares advanced for every share falling on the BSE.

HEADLINES OF THE DAY

Dish TV up, may complete Videocon d2h merger Feb-end

Canara Bank gains; Approves raising Rs4,900cr from govt

Dalmia Bharat receives NCLT nod to acquire Kalyanpur Cement in Bihar.

The crucial resistance for Nifty spot is now seen at 10570 and above this 10660. Support for the immediate term is now placed at 10410 next support will be 10300.

RESULT TOMORROW:

ACC,BHARATFORGE,BHEL,CADILA,CESC,DRLALPATH,GLENMARK,GRANULES,GSPL,HEIDALBERG,MANAPPURAM,PETRONET,SAIL,RELCAP,TORRENTPHARMA,MUTHOOTFIN,PAGEINDUSTRIES,TATACOMM

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