INDIAN BENCHMARKS: SENSEX ENDS 145 POINTS LOWER,NIFTY 50 BELOW
7800
Tracking
weak cues from European markets, BSE benchmark Sensex erased most of Monday's
gains, as selling pressure on FMCG and IT counters weighed heavy on the
benchmark indices.
Investor
sentiment was also affected by skittish trade seen in other Asian and European
markets. The S&P BSE Sensex plummeted 145 points, or 0.56 per cent, to
close the day at 25,590.65 while the 50-stock barometer Nifty50 ended at
7,786.10 points, down 48 points, or 0.62 per cent
HEADLINES OF THE DAY
RCom
in talks with Aircel to combine wireless business
Aurobindo
rises on USFDA approval for Olopatadine Hydrochloride
Marico
drops on bonus issue of 1:1
Havells
to start manufacturing small domestic appliances
The
crucial resistance for Nifty SPOT is now seen at 7860 and above this 7912
Support for the immediate term is now placed at 7746 and next support will be
7685.
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