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Sensex choppy with negative bias; Tata Motors, TCS gain

Equity benchmarks were trending lower in a choppy trade at 10:50 hours, especially ahead of settlement today. The Nifty was trading below the 5700-mark, led by sell-off in technology (except TCS), healthcare, realty and private financials.

January 27, 2011 / 11:17 IST

Equity benchmarks were trending lower amid choppy trade at 10:50 hours, especially ahead of settlement today. The Nifty was trading below the 5700-mark, led by sell-off in technology (except TCS), healthcare, realty and private financials. Sterlite Industries, HUL, BHEL and Bharti Airtel too were on sellers' radar.

Veteran technical chartist Louise Yamada of Louise Yamada Technical Research Advisors said the Nifty can see a pullback to 5500 if it remains below 5700. Meanwhile, she sees short-term support for Sensex at 19,000.
first published: Jan 27, 2011 10:54 am

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