BENCHMARKS: SENSEX SLIPS 100 POINTS, NIFTY BELOW 7600, HDFC, RIL, ITC TOP LOSERS
The S&P BSE Sensex slipped 100 points tracking mixed cues from other Asian markets post US Fed minutes.The Nifty50 lost momentum in trade and was testing its crucial support level of 7,600, weighed down by losses in capital goods, banks, auto, and realty stocks.
The broader market traded in-line with the benchmark indices with the BSE midcap and small cap indices losing 0.10 and 0.15 per cent, respectively.
HEADLINES OF THE DAY
BHEL gains on better than expected Q4FY16 performance
Tata Motors JLR March 2016 retail sales grow 30% YoY
Axis Bank takes over Jaypee's Nirman Sadan against Rs700 cr debt
The crucial resistance for Nifty SPOT is now seen at 7666 and above this 7740. Support for the immediate term is now placed at 7515 and next support will be 7447.
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