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Tuesday, July 24, 2012

Nifty Outlook~Intraday Tips~Nifty Trend For 25 July

Share Market Closing Status Today, NSE Nifty Tips, Intraday Stock Tips, Bank Nifty Levels, Nifty Outlook, Nifty Trading Strategy, Best Stocks To Buy Sell Tomorrow Wednesday, 25 July 2012: After a brisk start and a subsequent fall, Indian stock markets recovered and moved in a tight range today. Weak cues from European markets and a rating downgrade on Germany put its impact on Indian bourses.

NIFTY OUTLOOK: The Sensex ended its session at 16918 up 40 points and the Nifty closed at 5128 up 10 points. The market breadth was negative with advances at 696 against declines of 723 on the NSE. Nifty closed at 5128.20, up 10.25 points or 0.2%. The Nifty touched a high of 5144 and a low of 5103.25 during the day. Top Nifty Gainers were FMCG, IT and metal while Banking, capital goods, realty and power included losers of today's trade.
Market Updates:
*Wipro Q1 net up 18% at Rs 1,580 cr.
*Jindal Steel & Power to buy CIC Energy.
*Aditya Birla sweetens Northern Iron offer to $532 mn.
*Gujarat Pipavav likely to get $170-mn boost from IFC.

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