Closing Bell: Sensex recovers in late trade to end flat; TCS,
Infosys lead
Benchmark indices recovered in late trade to
close flat with the Nifty holding 10,800 levels, backed by technology, pharma
stocks and Reliance Industries.
The 30-share BSE Sensex rose 22.32 points to
35,622.14 and the 50-share NSE Nifty gained 9.70 points at 10,817.70.
Infosys was up 4 percent and TCS gained 3 percent
Sun Pharma, Cipla, Bajaj Finance, Lupin, UPL and
HCL Technologies rallied 1-4 percent.
ICICI Bank, Hindalco Industries, SBI and Yes Bank
were under pressure.
HEADLINES OF THE DAY
- Alembic Pharma rises on getting EIR from USFDA for Panelav unit
- Avanti Feeds surges after shareholders approve stock split
- Dr. Reddy's launches gSuboxone
The crucial resistance for Nifty spot is now seen at 10880 and
above this 10960. Support for the immediate term is now placed at 10660 next
support will be 10570.
Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.
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