The lacklustre start to a calendar year 2017 continued for a third day in a row where Nifty and Sensex closed on a flattish note.

NSE Nifty seems to have taken a prolonged breather at 8190-8200 after rallying from its major support at 7900 levels, while BSE Sensex too hovered around 26600-26700 levels during the day.

SSWL has announced that for Q4FY16-17 they have set a target for achieving volume sales of 35.6 lakh, as compared to 33.24 lakh in Q3FY16-17, representing a growth of 7% Q-o-Q. The closed up by 2%.

Godrej Properties ended flat at Rs 322. Godrej Properties has informed the bourses that Godrej Greens, the project which it immediately launched after demonetisation has received an overwhelming response.

Jubilant Life Sciences zoomed 12% after the company has duly signed a long-term contract in Radiopharma business with Montreal Canada for distribution of products used for diagnostic and therapeutic procedures for thyroid, myocardial perfusion, lung, kidney and bone scans.

Ramco Systems soared 9% on the BSE. Panasonic Group of companies in Malaysia has signed a multi-million-dollar strategic deal with Ramco Systems Sdn. Bhd. Malaysia part of India-headquartered HR software major Ramco Systems to digitize and transform HR and Payroll operations for nearly 20,000 employees nationwide on a unified platform.

Nandan Denim jumped 10.5% after the Reserve Bank of India notified that foreign portfolio investors can now invest up to 49 per cent in Nandan Denim against 24% earlier.

Indiabulls Housing Finance fell 3%. The company reduced its home loan rates by 45 basis points, bringing it down to lowest in six years.

The rupee closed stronger by 28 paise at 68.05per US dollar.

Gold prices have risen up by Rs 200 to Rs 28,550 per 10 grams

Top 5 Nifty Gainers:Bharti Airtel(3.28%), BHEL (2.08%), Bajaj Auto (1.77%), ONGC (1.71%)and Wipro (1.41%).

Top 5 Nifty Losers: Reliance Ind. (-1.71%), Hind. Unilever (-1.25%), ICICI Bank (-1.10%), CIPLA (-0.93%) and Lupin Ltd. (-0.82%)

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