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Daily-Intraday-Trading: 01/23/19Adviser-Street

Adviser Street Headline indices Sensex and Nifty kicked off Wednesday's session on a lacklustre note, tracking sluggish global cues

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  1. Investors chose to restrict their bets ahead of December quarter earnings of ITC, Bharti Infratel and Inter Globe Aviation, with a hope that their numbers will give a direction to market. 
  2. The rupee's rise, however, gave some support to sentiment and restricted the fall of market. 
  3. Asian stocks edged down on Wednesday on mounting signs of slowing global growth and anxiety over a yet-unresolved Sino-US trade dispute, Reuters reported. 
  4. he rupee's rise, however, gave some support to sentiment and restricted the fall of market. 
  5. Crude oil prices steadied in global markets. Oil prices stabilised on Wednesday after steep falls in the previous session, when markets were dragged down by growing concerns about an economic slowdown, Reuters reported. 

Treading on a shaky pitch, Sensex took a swing of about 120 points within the first 10 minutes of trade. 
Around 9:25 am, the 30-share kitty was 27 points up at 36,471, while the NSE Nifty was 10 points up at 10,933.

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Market Live: Nifty above 10,650, Sensex up 250 points ; realty stocks in focus.

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