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INDIAN EQUITY MARKET WRAP UP – 14 SEP 2017

market-wrap-up

INDIAN BENCHMARKS: SENSEX ENDS ON POSITIVE NOTE, NIFTY ENDS FLAT

Equity benchmark indices ended the session on a positive note, with the Nifty ending below 10,100.

The Sensex closed up 55.52 points at 32241.93, while the Nifty ended higher by 7.30 points at 10086.60. The market breadth was flat as 1,303 shares advanced against a decline of 1,308 shares, while 147 shares were unchanged.

Axis Bank, Sun Pharma, Adani Ports and Tata Motors DVR were the top gainers, while Wipro, Kotak Mahindra Bank, and Vedanta were the top losers.

HEADLINES OF THE DAY

  • Wipro turns ex-buyback.
  • Godrej Properties enters into JV with Nirmal Ventures.
  • BHEL and Kawasaki to make rolling stock for bullet train.

The crucial resistance for Nifty spot is now seen at 10140 and above this 10210. Support for the immediate term is now placed at 10030 and next support will be 9985.

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