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Nifty Support Levels for Today-

NIFTY TREND BEARISH

NIFTY SPOT LEVELS         

SUPP 1: 8030: SUPP 2: 7870

RES 1: 8260: RES 2: 8390

CH BANK NIFTY TREND –BEARISH

BANK NIFTY FUTURE LEVELS

SUPP 1: 17850: SUPP 2: 17560

RES 1: 18210: RES 2: 18430

After massive cuts yesterday, the market has again opened at 2015 lows. The Sensex is down 93.07 points at 26624.30 and the Nifty is down 40.50 points at 8056.50. About 294 shares have advanced, 487 shares declined, and 83 shares are unchanged.Key benchmark indices edged lower extending previous session's sharp losses as weakness in Asian stocks dampened sentiment. 

The barometer index, the S&P BSE Sensex, was currently down 79.71 points or 0.3% at 26,637.66. The S&P BSE Sensex had lost 722.77 points or 2.63% to settle at 26,717.37 yesterday, 6 May 2015.The market breadth indicating the overall health of the market was weak. The CNX Nifty was down 35.80 points or 0.44% at 8,061.20. The index hit a low of 8,044.70 in intraday trade. The index hit a high of 8,079.35 in intraday trade.

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