MARKET WRAP: Sensex slips 135 pts, Nifty ends at 11,753; Jet crashes 32%

Selling in banks, realty and metal counters dragged the domestic equity market lower on Thursday. The headline index, S&P BSE Sensex lost 135 points or 0.34 per cent to settle at 39,140, with YES Bank being the biggest loser and Reliance Industries (RIL) the top gainer.

Out of 30 components, 22 scrips ended in the red and rest eight in the green.

Market breadth remained in favour of declines as out of 2,727 securities traded on BSE, 1,671 declined and 888 advanced while 168 scrips remained unchanged. 

On a weekly basis, both the indices gained around 1 per cent. 

 
In the broader market, the S&P BSE Midcap index slipped 138 points or nearly 1 0.89 per cent to close at 15,382.57 while the S&P BSE Smallcap index ended at 15,021, down around 150 points or 1 per cent. 

SECTOR WATCH

All the sectoral indices ended in the negative territory with realty stocks taking the hardest knoock, followed by media and PSU banks. 

BUZZING STOCKS

Reliance Industries (RIL) ended nearly 3 per cent higher at Rs 1,383 apiece on the BSE ahead of its Q4FY19 results. 

Jet Airways crashed 32 per cent to Rs 169 apiece on the BSE after it halted all operations. 

Shares of Deepak Fertilisers & Petrochemicals Corporation rose by 4 per cent to Rs 162.95 in intra-day trade on the BSE on Thursday after the company announced the commercial production of nitric acid complex at Dahej, Gujarat. It closed at Rs 159, up over 1 per cent. 

Market will remain closed tomorrow on account of Good Friday. 

GLOBAL CUES

Asian shares dipped on Thursday amid subdued trade after losses on Wall Street and some profit-taking ahead of a long Easter weekend.

MSCI’s broadest index of Asia-Pacific shares outside Japan lost 0.4 per cent, reversing course after brushing its highest since late July 2018 early in the trading session. Australian shares were a shade lower while Japan’s Nikkei dropped 0.8 per cent and Chinese blue chips slipped 0.2 per cent.

(With inputs from Reuters)

4:09 PM IST Markets ended marginally lower amid volatility, taking a breather after the recent up move. Nifty opened with an uptick, taking note of favourable local cues but, caution ahead of the Reliance results triggered profit taking as the day progressed. Most sectoral indices traded in line with the benchmark index and ended lower. Markets will first react to Reliance and HDFC bank’s numbers next week. We may see further consolidation in Nifty but bias would remain on the positive side. Traders should maintain caution especially on broader front as midcap and smallcap counters react sharply during such scenario. Also, we suggest keeping close watch on earnings season for cues.  

4:06 PM IST

4:05 PM IST

3:50 PM IST

3:36 PM IST

3:22 PM IST COMPANY NAME LATEST HIGH LOW CHG (rs) CHG(%) VALUE (rs CR) VOLUME SPICEJET 136.45 152.60 136.00 3.75 2.83 272.25 19952562 JET AIRWAYS 162.85 217.70 158.10 -79.00 -32.66 92.65 5689549 INTERGLOBE AVIAT 1555.15 1650.00 1544.10 -28.00 -1.77 53.97 347040 GLOBAL VECTRA 116.40 127.00 112.10 0.50 0.43 1.88 161549 TAAL ENTERPRISES 270.00 290.00 266.25 -0.10 -0.04 0.03 1243 JAGSON AIRLINES 0.67 0.71 0.67 -0.03 -4.29 0.00 351

3:18 PM IST COMPANY LATEST PREV CLOSE GAIN(Rs) GAIN(%) RANE HOLDINGS 1414.60 1178.85 235.75 20.00 RANE BRAKE LIN. 708.40 590.35 118.05 20.00 RANE ENGINE VAL. 547.20 456.00 91.20 20.00 RANE (MADRAS) 411.00 347.55 63.45 18.26

3:14 PM IST Vodafone-Idea cellular loses 57.9 lakh users against loss of 35.9 lakh users on monthly basis The company also managed to arrest the rapid ARPU decline, with their minimum value recharge and bundled plan offering

3:12 PM IST Bharti Airtel loses 49,896 users against addition of 1.03 lakh users Airtel

3:08 PM IST Reliance Jio added 77.9 lakh customers vs 93.2 lakh Month on Month

LIVE UPDATES

Market comment: Jayant Manglik, President, Retail Distribution, Religare Broking

Markets ended marginally lower amid volatility, taking a breather after the recent up move. Nifty opened with an uptick, taking note of favourable local cues but, caution ahead of the Reliance results triggered profit taking as the day progressed. Most sectoral indices traded in line with the benchmark index and ended lower. Markets will first react to Reliance and HDFC bank’s numbers next week. We may see further consolidation in Nifty but bias would remain on the positive side. Traders should maintain caution especially on broader front as midcap and smallcap counters react sharply during such scenario. Also, we suggest keeping close watch on earnings season for cues.  

Sectoral gainers and losers on NSE


Top gainers and losers on the S&P BSE Sensex


Jet Airways fell over 32% after the airline temporarily shut operations


MARKET AT CLOSE


Sector watch: Aviation

COMPANY NAME LATEST HIGH LOW CHG
(rs)
CHG(%) VALUE
(rs CR)
VOLUME
SPICEJET 136.45 152.60 136.00 3.75 2.83 272.25 19952562
JET AIRWAYS 162.85 217.70 158.10 -79.00 -32.66 92.65 5689549
INTERGLOBE AVIAT 1555.15 1650.00 1544.10 -28.00 -1.77 53.97 347040
GLOBAL VECTRA 116.40 127.00 112.10 0.50 0.43 1.88 161549
TAAL ENTERPRISES 270.00 290.00 266.25 -0.10 -0.04 0.03 1243
JAGSON AIRLINES 0.67 0.71 0.67 -0.03 -4.29 0.00 351

Stock watch :: Rane Group stocks rally at the bourses

COMPANY LATEST PREV CLOSE GAIN(Rs) GAIN(%)
RANE HOLDINGS 1414.60 1178.85 235.75 20.00
RANE BRAKE LIN. 708.40 590.35 118.05 20.00
RANE ENGINE VAL. 547.20 456.00 91.20 20.00
RANE (MADRAS) 411.00 347.55 63.45 18.26

February Telecom Data

Vodafone-Idea cellular loses 57.9 lakh users against loss of 35.9 lakh users on monthly basis

The company also managed to arrest the rapid ARPU decline, with their minimum value recharge and bundled plan offering

February Telecom Data

Bharti Airtel loses 49,896 users against addition of 1.03 lakh users

Airtel

February Telecom Data

Reliance Jio added 77.9 lakh customers vs 93.2 lakh Month on Month


Top gainers on Nifty


Most active stocks by volume

COMPANY PRICE(rs) CHG(rs) CHG(%) VOLUME
SPICEJET 139.95 7.25 5.46 17562370
PC JEWELLER 145.95 -0.05 -0.03 9436105
RELIANCE POWER 8.49 -0.98 -10.35 8456698
REL. COMM. 2.20 -0.11 -4.76 5326647
JET AIRWAYS 160.80 -81.05 -33.51 4710360
» More on Most Active Volume

Top losers on BSE500

COMPANY PRICE(rs) CHG(rs) CHG(%) VOLUME
JET AIRWAYS 163.20 -78.65 -32.52 4913399
RELIANCE POWER 8.50 -0.97 -10.24 8570493
RELIANCE CAPITAL 156.50 -16.80 -9.69 1780978
DEWAN HSG. FIN. 159.25 -11.40 -6.68 2332665
WESTLIFE DEVELOP 411.45 -28.60 -6.50 1639368
» More on Top Losers

Nifty Auto turns green, up 5 pts


Stocks that hit 52-week low on S&P BSE Sensex

COMPANY PRICE(rs) 52 WK LOW CHG(rs) CHG(%)
JET AIRWAYS 163.25 159.40 -78.60 -32.50
NATCO PHARMA 545.20 540.95 -14.20 -2.54
REL. COMM. 2.20 2.20 -0.11 -4.76
RELIANCE POWER 8.52 8.16 -0.95 -10.03
» More on 52 Week Low

Stocks that hit 52-week high on S&P BSE Sensex

COMPANY PRICE(rs) 52 WK HIGH CHG(rs) CHG(%)
ICICI BANK 408.45 410.65 1.65 0.41
INTERGLOBE AVIAT 1597.15 1650.00 14.00 0.88
MAH. SCOOTERS 3861.00 3861.00 99.35 2.64
RELAXO FOOTWEAR 903.20 922.05 28.25 3.23
SHREE CEMENT 19818.00 19818.00 230.60 1.18
» More on 52 Week High

Heatmap: S&P BSE Sensex


Rupee check

INR trading at day's low of Rs 69.5/$

Centrum on Bajaj Consumer Care

Bajaj Consumer Care

Recommendation: Buy

Target Price: Rs 438

Last Closing: Rs 336


Bajaj Consumer Care reported good results in Q4FY19, in-line with expectations, with healthy 11.1 per cent, 8.7 per cent and 9.4 per cent growth in revenue, EBITDA and PAT growth. Contrary to general perception, rural sales did surpass urban with no signs of slowdown. We expect earnings to rise given new product launches and Nomarks extensions in adjacencies. 

HDFC Bank Q4 preview: Asset quality to remain steady, NIM seen improving

Private lender HDFC Bank is set to release its March 2019 quarter (Q4FY19) earnings on Saturday and most brokerage firms expect the bank to continue its healthy growth and profitability. While Edelweiss expects a 20.5 per cent year-on-year (YoY) gain in the bank's net profit at Rs 5,886.6 crore, analysts at ICICI Securities see a 22.5 per cent YoY growth at Rs 5,877 crore. READ MORE



5paisa Capital surges 20% as net loss narrows in March quarter

Shares of 5paisa Capital rallied 20 per cent to Rs 281 on the BSE in intra-day trade on Thursday after the company reported net loss of Rs 33 lakh, a decline of 95 per cent (year on year) from Rs 6.93 crore, for the quarter ended March 2019. Total income during the quarter rose nearly three-fold to Rs 21.89 crore from Rs 7.87 crore against the same quarter of previous fiscal. READ MORE

Jet shares sink 34% but lenders hopeful of successful bids for airline

Jet Airways shares sank 34 percent on Thursday in a sign investors were sceptical about a revival, even as lenders to the carrier said they are "reasonably hopeful" the bidding process for the grounded Indian airline will end successfully.READ MORE
A Jet Airways aircraft waiting at an airport

Market check


Market check | BSE Sensex trading 117 pts lower


SpiceJet, IndiGo stocks have run up too fast, too soon: Analysts

The gradual descent of Jet Airways’ operations over the past few months has proved to be a boon for the other players who are not only looking to capture the temporarily out of service airlines’ market-share, but also benefit from the soaring ticket prices. SpiceJet and Interglobe Aviation (IndiGo’s parent company) have outperformed the benchmark index thus far in calendar year 2019 (CY19) with a gain of nearly 36 per cent and 49 per cent respectively. READ MORE
The letter of intent is for 25 Q400 turboprops and purchase rights for an additional 25 aircraft.

India should be wary of getting too cosy with Saudi Aramco

Saudi Arabian Oil Co. is doing its best to make nice with one of its biggest customers. With the ink barely dry on the takeover of 70 percent of the country’s chemical giant Saudi Basic Industries Corp. and the issuance of its first-ever corporate bond, Aramco is looking to buy a stake in the world’s biggest oil refinery. READ MORE

RBL Bank rises after Q4 result


HCL Tech currently down 1%


ADAG shares under pressure; Reliance Capital plunges 14% in two days

Shares of Anil Dhirubhai Ambani Group (ADAG) companies are under pressure, slipping by up to 14 per cent on Thursday, and extending their Tuesday’s 6 per cent fall on the BSE on back of heavy volumes.Reliance Power (down 14 per cent at Rs 8.16) and Reliance Communications (down 5 per cent at Rs 2.20) hit their respective all-time lows today. READ MORE
markets

Nifty PSU Bank index down 2%


Elara Capital on Wipro

Wipro IT services has narrowed EBIT margin gap with Infosys to a mere 214bp in 4QFY19. We tweak estimates after factoring in lower General and administrative (G&A) cost, revised share count and lower other income post Rs 105.0 bn buyback announced. Anticipating lower IT products and ISRE revenue, we lower rupee revenue by 1.1 per cent for FY20E and increase EBITDA margin by 59bp for FY21E. Our FY20 and FY21 EBITDA margin estimates are 151bp and 400bp above consensus, respectively. We arrive at a new TP of Rs 340 from Rs 330 on 15x (from 17x FY20E) FY21E P/E as we look at earnings further out into the future.

Heatmap: S&P BSE Sensex


Jet Airways crisis: Banks stare at Rs 1,000-crore urgent provisioning

With Jet Airways suspending operations, lenders are looking at an immediate provisioning of about Rs 1,000 crore as the account is likely to be categorised as a non-performing asset (NPA). This comes despite the State Bank of India-led consortium of lenders continuing efforts to find a new buyer for the private airline.READ MORE
Jet Airways

History suggests rupee is set for a hangover post 2019 Lok Sabha elections

The currency has shown a tendency to flip directions after polls have been completed, according to a study by Edelweiss Securities Pvt, based on the past three election cycles. The currency has tended to reverse course when it has rallied ahead of the vote, said Madhavi Arora, an economist at the brokerage in Mumbai. READ MORE


NEWS ALERT | M&M, Ford India enter into agreement for development and supply of midsize SUV


India Inc's Achilles heel: BSE500 firms are sitting on a huge cash pile

India Inc continues to hoard large sums of cash, reveals the latest study by governance firm Institutional Investor Advisory Services (IiAS). The value of cash and cash equivalents of BSE500 constituents — based on their 2017-18 financials — aggregated to Rs 8.3 trillion, or 6.4 per cent of their market value. READ MORE

Elections 2019: What market strategy would safeguard your investments?

India is voting to elect a new government at present. The new government will decide the direction the Indian economy will take going forward. Foreign Institutional Investors (FIIs) generally prefer to invest in those economies which have a solid government with stable policies – thus providing long term visibility. Late in 2018, it seemed that Prime Minister Narendra Modi was losing his grip within the party as well as the spell he had on the electorate. The state elections further confirmed the feel that Modi-Shah combine was losing the midas touch. This was turning out to be a major concern as we were staring at a “Mahagathbandhan” bringing back memories of late 1980s and mid 1990s. READ MORE
A closer look at the stock market data suggests that this rally isn't a one off

Nifty Bank index down 200 pts


Market check | Nifty Midcap50 falls 1.22%, Nifty Smallcap50 falls 1.73%


Jet Airways tanks 34% on suspension of operations; hits 10-year low

The stock was trading at its lowest level since April 1, 2009. It recorded its sharpest intra-day fall since its listing on March 14, 2005. READ MORE

Jet Airways

EXPERT COMMENT ON JET AIRWAYS SHUTDOWN

It is indeed a tragic day for the Indian aviation sector...Jet's failure follows a raft of other failures in the sector like Kingfisher, Deccan, Sahara etc. The national carrier Air India is a basket case kept alive by the government by infusing thousands of crores of taxpayers' revenues. It is a wake-up call for the aviation authorities to seriously ponder as to why India is emerging as a treacherous graveyard for Indian carriers. It is a reflection not only on the sub-optimal management of the operations by the owners of these carriers but also of the sheer neglect by the aviation mandarins of incessant pleas from the industry to introduce sensible and reasonable taxation and tarriff policies as well as other expenses charged by the airports, says Ajay Bodke, CEO, PMS Prabhudas Lilladher.

Anand Rathi Financial Services on Mindtree

Mindtree reported $262m Q4 FY19 revenues (up 4.2% q/q,15.8% y/y), hitting $1bn for FY19, an arduous milestone for many mid-sized ITcompanies. In CC terms, it grew 3.9% q/q. Though the Q4 EBITDA margin slipped to 14.5% (down162bps q/q, 157bps y/y), it clocked 168bp growth for the full year, to 15.2%. Total dividend of Rs 27 a share was declared in Q4, taking total payout for FY19 to 86%. No meaningful change in estimates/target. We retain our Buy call.

Market check | BSE Sensex at day's low, trading at 39,196.98


Market check | Nifty50 erases early gains, falls 27 pts

At 10:12 AM: Nifty%0 was trading at 11,760.35, down nearly 27 points.

Market check | Indices turn red; BSE Sensex falls over 7 pts


Deepak Fertilisers jumps 4% on expansion, fund raising plan

Shares of Deepak Fertilisers & Petrochemicals Corporation rose by 4 per cent to Rs 162.95 in intra-day trade on the BSE on Thursday after the company announced the commercial production of nitric acid complex at Dahej, Gujarat. The new facility, with project cost of approximately Rs 550 crore, has production capacity of around 92 KTPA for concentrated nitric acid (CNA) and around 149 KTPA for diluted nitric acid (DNA), the company said. READ MORE

Most active stocks by volume

COMPANY PRICE(rs) CHG(rs) CHG(%) VOLUME
SPICEJET 147.45 14.75 11.12 6469372
PC JEWELLER 154.10 8.10 5.55 2977811
REL. COMM. 2.20 -0.11 -4.76 1521898
WIPRO 284.00 2.90 1.03 1107547
JET AIRWAYS 175.95 -65.90 -27.25 939901
» More on Most Active Volume

Opening losers on S&P BSE Sensex

COMPANY PRICE(rs) CHG(rs) CHG(%) VOLUME
JET AIRWAYS 179.85 -62.00 -25.64 279183
REL. COMM. 2.20 -0.11 -4.76 1376125
LEMON TREE HOTEL 78.95 -3.55 -4.30 4755
OBEROI REALTY 553.50 -22.55 -3.91 4533
RADICO KHAITAN 341.00 -12.20 -3.45 19907
» More on Top Losers

Nifty Bank index sees sudden plunge, down 0.41%


Nifty Metal index down over 1%


Wipro trades flat on muted June quarter revenue guidance

Wipro shares slumped 3 per cent from its early morning high to trade at Rs 282 after the firm gave a tepid outlook for the first quarter of FY20, citing delays in starting new projects. The stock had opened 3 per cent higher at Rs 289 on the BSE on Thursday. In comparison, the benchmark S&P BSE Sensex was up 0.29 per cent at 39,392 points at 09:20 am. READ MORE



RIL trading in green ahead of Q4 numbers


Jet Airways down 25 per cent after Co stops operations temporarily


SpiceJet up nearly 12 per cent


Nifty bank extending gains, up 0.28 per cent


Sectoral trends on NSE


Top gainers and losers on S&P BSE Sensex


Market Opening

At 9:17 AM, Markets were trading in the green. BSE Sensex was trading at 39,419.32, up 143..68 points or 0.37 per cent, whereas NSE Nifty50 was trading at 11,836.30, up 49.15 point or 0.42 per cent.

Market to open flat today: ICICI Securities

Indian markets are expected to open flattish on the back of mixed global cues. The focus now shifts to factors like Q4 earnings, global newsflows and FII flows trend.

Market at pre-open


Rupee opening

Rupee opens at Rs 69.46 against US Dollar, up 14 paise against Tuesday's close of Rs 69.60

Momentum Picks by ICICI Securities

 

Top trading ideas by Prabhudas Lilladher

BUY ICICI BANK 
 
CMP: Rs 407
TARGET: Rs 440
STOP LOSS: Rs 385
 
The stock has picked up well in recent times and is on the verge of a breakout above Rs 410 levels to improve the bias and has signified strength and potential to rise further in the coming days. The relative strength index (RSI) also has indicated a trend reversal with a steep rise and has made the chart look attractive for more upsides. With good volume participation witnessed, we recommend a buy in this stock for an upside target of Rs 440 keeping a stop loss of Rs 385. READ MORE

Stocks in focus

Here's a look at the top stocks that may remain in focus today -
 
 
Q4 results today: Reliance Industries, RBL Bank, ICICI Lombard General Insurance Company, DCB Bank, Andhra Pradesh Tanneries, Jay Bharat Maruti, among others
 
Jet Airways has suspended operations after lenders turned down the airline’s demand for emergency funding.
 
Mindtree reported a 3.8 per cent growth in Q4 profit to Rs 198.4 crore while revenue rose 2.9 per cent to Rs 1,839.4 crore. Moreover, the company has recommended a final dividend of Rs 4 per share for FY19 and a special dividend of Rs 20 per share.
READ MORE

Top trading calls by HDFC Securities

ONGC
 
Recommendation: Buy
 
Last Close: Rs 160
 
Target: Rs 155
 
Stop-loss: Rs 168
 
The stock has broken out from the consolidation range of Rs 155-160. It has been sustaining above its 200-DMA. Indicators and oscillators have been showing strength on the daily and weekly charts. 
 
GRASIM
 
Recommendation: Buy
 
Last Closing: Rs 885
 
Target: Rs 935
 
Stop-loss: Rs 860

The stock has witnessed bullish Inverse head and shoulder breakout on the daily charts. Downward sloping trend line breakout on the daily charts, bullish Flag Pattern breakout on the daily charts and 20-day EMA crossing over 50 days EMA, indicate a bullish trend. 
READ MORE

Top trading calls by Religare Broking

L&T Finance Holdings 
 
Recommendation: Buy
Last Close: Rs 149.55
Initiation range: Rs 149-151
Target: Rs 162
Stop loss: Rs 146
 
The stock has rebounded sharply after retesting its crucial support zone around Rs 120 and reached closer to its previous high around Rs 155 in no time. It has retraced marginally in the last two weeks and is consolidating around the support zone of 200 EMA (exponential moving average) on daily chart. On April 15, it surged strongly with decent volume and looks upbeat for fresh up move. We advise initiating fresh longs within the mentioned range. READ MORE

FII/FPI & DII trading activity on NSE, BSE and MSEI


SGX Nifty

At 08:12 am, Nifty futures on the Singapore Exchange (SGX) were trading 3 points, or 0.20 per cent, higher at 11,852, indicating a flat to positive start for the domestic stocks

Bulk deals on the NSE as on Tuesday

16-Apr-2019 AGRITECH Agri-Tech (India) Limited AMIT KUMAR VAISH BUY 18,734 67.47 -
16-Apr-2019 AGRITECH Agri-Tech (India) Limited AMIT KUMAR VAISH SELL 34,769 69.11 -
16-Apr-2019 AMBANIORG Ambani Organics Limited OVERSKUD MULTI ASSET MANAGEMENT PRIVATE LIMITED SELL 36,000 69.25 -
16-Apr-2019 AMBANIORG Ambani Organics Limited S K GROWTH FUND PVT LTD BUY 36,000 69.25 -
16-Apr-2019 BILENERGY Bil Energy Systems Ltd FASHIONS BRANDS (INDIA) PRIVATE LIMITED SELL 29,96,753 5.55 -
16-Apr-2019 BILENERGY Bil Energy Systems Ltd MARFATIA NISHIL SURENDRA BUY 14,00,000 5.55 -
16-Apr-2019 DHFL Dewan Housing Fin Corp CROSSLAND TRADING CO BUY 17,47,970 171.93 -
16-Apr-2019 DHFL Dewan Housing Fin Corp CROSSLAND TRADING CO SELL 17,47,970 172.15 -
16-Apr-2019 JETAIRWAYS Jet Airways (India) Ltd. A.P.T. PORTFOLIO PRIVATE LIMITED BUY 25,26,371 239.09 -
16-Apr-2019 JETAIRWAYS Jet Airways (India) Ltd. A.P.T. PORTFOLIO PRIVATE LIMITED SELL 25,26,371 239.21 -

Click here for the full list

Oil check

Oil prices edged down on Thursday despite a surprise decline in US inventories, with international benchmark Brent retreating from a five-month high touched in the previous session.

Brent crude futures were at $71.51 a barrel at 0056 GMT, down 11 cents, or 0.2 percent, from their last close. Brent fell 0.1 per cent on Wednesday, after earlier touching its highest since November 8 at $72.27 a barrel. US West Texas Intermediate (WTI) crude futures were at $63.67 per barrel, down 9 cents, or 0.1 percent, from their previous settlement. WTI closed the last session down 0.5 per cent.

Asian Markets check

Asian shares were subdued on Thursday after a negative performance on Wall Street, with caution ahead of business surveys in Europe and Japan, and the Good Friday and Easter holidays keeping investors on the sidelines.
 
MSCI’s broadest index of Asia-Pacific shares outside Japan inched up 0.08 per cent, trading just below its highest since late July 2018 brushed on Wednesday. Australian shares advanced a quarter of a per cent while Japan’s Nikkei was a shade lower.

Wall Street check

US stocks ended slightly lower on Wednesday as a drop in healthcare shares overshadowed a string of positive corporate earnings and upbeat economic data from the United States and China.

The Dow Jones Industrial Average fell 3.12 points, or 0.01 per cent, to 26,449.54, the S&P 500 lost 6.61 points, or 0.23 per cent, to 2,900.45 and the Nasdaq Composite dropped 4.15 points, or 0.05 per cent, to 7,996.08.
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