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Market Updates 7 September :-
Led by ICICI Bank and RIL, the Sensextoday surged over 337 points -- the biggest single day gain in two months -- on all-round buying by funds after European Central Bank announced a potentially unlimited bond-buying plan to revive Eurozone's ailing economies. Most banking stocks, including ICICI Bank up 4.68 per cent and SBI which gained 2 per cent, also rose on expectations of a rate cut in RBI's policy meet on September 17.
NIFTY LEVELS FOR MONDAY 10 Sept
Pivot Level = 5350
Support1 = 5338 Resistance1 = 5374
Support2 = 5314 Resistance2 = 5386
Support3 = 5302 Resistance3 = 5410
BANK NIFTY SUPPORT AND RESISTANCE
Pivot Level = 10106
Support1 = 10053 Resistance1 = 10192
Support2 = 9967 Resistance2 = 10245
Support3 = 9914 Resistance3 = 10331
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