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Nifty has resistance at 5,300
The market opened weak and sustained selling pressure saw the benchmark indices, the Nifty and Sensex, lose their crucial support levels of 5,150 and 17,300, respectively. The spot Nifty closed at 5,094 while January futures closed at almost 10 points discount on profit-taking and short build-up.

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Power rules IPO market
"Power" seems to be the buzzword when it comes to big-ticket IPOs.

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Trade MFs on NSE from Monday
Exchange to launch mutual fund trading platform; BSE set to follow.
Small Business

Modi holds all-party meeting on swine flu

Gujarat Chief Minister Narendra Modi today held an all-party meeting to discuss an action plan for tackling deadly swine flu, which has already claimed two lives in the state. In the meeting, it was decided to launch a public awareness campaign across the state on swine flu and how it is contracted.


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