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Oscillators like RSI & MACD are in oversold zone. Sustenance trade above 10140 levels may add upside momentum till 10,190 and 10,250 marks. Strong support is seen around 9,900-10,000 levels," says Rajesh Agarwal of AUM Capital.Benchmark indices fell, dragged by energy stocks such as Indian Oil Corp Ltd and Bharat Petroleum Corp Ltd which declined on reports the refiners may buy stakes in GAIL (India) Ltd.The S&P BSE Sensex ended at 32,923, down 253 points while the broader Nifty index settled at 10,094, down 101 points. Also, India’s current account
deficit widened to 2 percent of gross domestic product.
In the global markets, Asian share markets dropped as caution gripped investors in a week in which the Federal Reserve is likely to hike US interest rates and perhaps signal that as many as three more lie in store for the rest of the year
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