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The 50-share NSE Nifty closed below the 5400 level for the first time this week on Friday, weighed down by weak Asian cues after doubts over Greece's future in the Eurozone and easing of hopes of US QE3. The index fell 28.65 points to close at 5,386.70 ahead of F&O expiry week, after hitting an intraday low of 5,371.
The Indian rupee too depreciated by 18 paise to 55.44 against the US dollar.
Short Term Stocks India
1. SELL IFCI Ltd. Short Term Target 23 Stop Loss 33.6.
2. SELL Lanco Infratech Ltd. Short Term Target 9 Stop Loss 12
3. BUY United Breweries Ltd. Short Term Target 585
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