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Tuesday, March 24, 2015

INDIAN EQUITY MARKET WRAP UP-24 Mar 2015

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INDIAN BENCHMARKS  near 6-week low; Tata Motors falls

INDIAN EQUITY BENCHMARKS fell to the lowest close in nearly six weeks on Tuesday as gains in healthcare stocks such as Lupin were offset by fall in Tata Motors, which dropped ahead of a board meet to consider a rights issue. The S&P BSE Sensex and CNX Nifty ended 0.11%-0.09% lower each..                                

Nava Bharat Ventures rallies on stake buy reports
Stock Update: PT revised; upgraded to Buy
Aarti Drugs slumps on USFDA import alert; bonus issue
NIIT Tech drops 5% on negative quarterly outlook

The crucial resistance for Nifty is now seen at 8675 and above this 8755. Support for the immediate term is now placed at 8545 and next support will be 8495.

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