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INDIAN BENCHMARKS: SENSEX ENDS DOWN 174 POINTS LOWER NIFTY BELOW 10200

Equity Tips
Selling pressure intensified on the D-Street in the final hour of trade, as the Sensex closed over 140 points lower, while the Nifty shed 0.37 percent, but ended above 10,200.

The Sensex closed down 174.95 points or 0.53% at 33053.04, while the Nifty was down 47.20 points or 0.46% at 10193.00. The market breadth was negative as 944 shares advanced, against a decline of 1718 shares, while 150 shares were unchanged.

Kotak Mahindra Bank, ONGC, HPCL and IOC were the top gainers, while BHEL, Tata Motors DVR, Vedanta and Cipla lost the most.

HEADLINES OF THE DAY
Dr. Reddy's gets USFDA nod for melphalan hydrochloride.
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Orchid Pharma surges 5% on USFDA approval for anti-psychotic drug.

The crucial resistance for Nifty spot is now seen at 10300 and above this 10355.Support for the immediate term is now placed at 10190 and next support will be 10125.

Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.
CapitalStars Investment Adviser: SEBI Registration Number: INA000001647

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