INDIAN BENCHMARKS: SENSEX NIFTY ENDS IN RED, SENSEX DOWN 115
POINTS @ 28106 NIFTY 50 @ 8709
After a volatile day, the market ended lower
dragged by banks. The Sensex closed down 114.77 points or 0.4 percent at
28106.21 and the Nifty was down 34.40 points or 0.4 percent at 8709.55.
About 1367 shares have advanced, 1513 shares
declined, and 132 shares are unchanged.
GAIL, Reliance, HUL, ONGC and HDFC were top
gainers while Cipla, NTPC, M&M, Infosys and ICICI Bank were losers in the
Sensex.
HEADLINES OF THE DAY
- NMDC up after increasing iron ore prices.
- Bharat Forge sets up ordnance factory in Pune.
- ICICI Bank acquires 11% stake in ABG Shipyard.
The
crucial resistance for Nifty spot is now seen at 8752 and above this 8810
Support for the immediate term is now placed at 8685 and next support will be
8630.
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