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Nifty trend for Wednesday and stocks in news: Reliance Industries, Motherson Sumi Systems, Lasa Supergenerics, Cipla and Indo Count Industries

Karan DSIJ / Article rating: 4.8

The zone of 11,789-11,820 would be a crucial support area in the near term while, on the upside, the bulls need to sustain above the level of 11,950 for the continuation of the upmove.

Indo Count Industries Ltd forays into bed linen markets; locks in at upper circuit

Nidhi Jani / Article rating: 3.9

Looking at the industrial front, China has a 39 per cent share in home textile exports with USD 19 billion, followed by India at 11 per cent with USD 5 billion. India, being the second largest home textile exporter as well as the largest producer of cotton in the world, is expected to benefit from this structural shift.

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