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Stock Trading Tips - Nifty Settles Below 7,550
- Markets area unit currently targeted on January-March earnings reports amid worries corporations continued to suffer thanks to lacklustre economic process and weak international demand.
- Next week, cement manufacturers ACC Ltd and Ambuja Cements Ltd, and software package services supplier Infosys area unit thanks to report their earnings results.
- The Sensex closed 215 points or zero.86 per cent lower at twenty four,685 and groovy declned sixty eight points to settle at seven,546.
- Nifty slips below its crucial psychological level of seven,550, falls seventy points.
- Market breadth turns negative as one,338 stocks decline whereas one,150 advance.
- The stock markets extended losses within the late noontide trades. The Sensex was down a hundred seventy five points to twenty four,725 and groovy fell fifty eight points to seven,556.
- The Sensex continues to trade on a weak note, down 133 points to twenty four,768 and groovy was down thirty eight points to seven,576.
- BHEL shares jumped the maximum amount as four.5 per cent to Rs 119.30 once the corporate according probationary order flow of Rs forty three,727 large integer in FY15-16.
- The Rs 2,200 crore-IPO of Equitas Holdings, the primary initial public giving within the current financial , was totally signed until afternoon trade on the crack of doom of the provide on Thursday.
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