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Nifty Support Levels for Today-

NIFTY TREND CONSOLIDATE

NIFTY SPOT LEVELS         

SUPP 1: 8165: SUPP 2: 8070

RES 1: 8265: RES 2: 8330

CH BANK NIFTY TREND CONSOLIDATE

BANK NIFTY FUTURE LEVELS

SUPP 1: 17960: SUPP 2: 17750

RES 1: 18320: RES 2: 18650

The India market opened on positive note on back of strong global cues. The Sensex was up 140.39 points or 0.52 percent at 27346.45, and the Nifty up 46.35 points or 0.56 percent at 8270.55. About 608 shares have advanced, 177 shares declined, and 67 shares are unchanged. Key benchmark indices edged higher in early trade. The barometer index, the S&P BSE Sensex was currently up 136.93 points or 0.5% at 27,342.99. The market breadth indicating the overall health of the market was strong. 

Tata Steel fell after the company said it expects to recognize a non-cash write-down of the goodwill and assets in the consolidated financial results in Q4 March 2015 of approximately Rs 5000 crore. Most Asian stocks edged lower today, 15 May 2015. The CNX Nifty was up 44.70 points or 0.54% at 8,268.90. The index hit a high of 8,278.75 in intraday trade. The index hit a low of 8,233.90 in intraday trade.

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