Sensex slips 139 pts, Nifty manages to hold 10,800; RIL at
record close
Benchmark indices ended lower on Thursday as
investors looked cautious ahead of ECB policy rate decision due later in the
day after the US Federal Reserve raised interest rate by 25 basis points
The 30-share BSE Sensex declined 139.34 points to
35,599.82 and the 50-share NSE Nifty slipped 48.70 points to 10,808
TCS, Infosys, SBI, ICICI Bank, Axis Bank, Titan
Company, Vedanta and L&T were under pressure while Lupin, Sun Pharma, Cipla
and Coal India gained.
HEADLINES OF THE DAY
- Ruchi Soya gains after co gives updates about bidding.
- India May WPI rises 4.43%; Fuel price inflation at 11.22%.
- ICICI Bank to sell 2% stake in life insurance arm.
The crucial resistance for Nifty spot is now seen at 10880 and
above this 10960. Support for the immediate term is now placed at 10760 next
support will be 10690.
Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.
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