INDIAN BENCHMARKS: SENSEX SLIPS FOR THE THIRD CONSECUTIVE DAY, NIFTY BELOW 7750
Equity benchmarks fell for third consecutive session today, dragged by technology, oil, infra and select banking & financials stocks. The Sensex declined 71.54 points to 25230.36 and the Nifty fell 18.65 points to 7731.05.
The market breadth was negative as about 1501 shares declined against 1077 advancing shares on BSE. The broader markets were also under pressure with the BSE Midcap and Small cap indices falling 0.3-0.4 percent.
UPCOMING RESULTS TOMORROW: AMARAJBAT, CIPLA, BAJAJFINSV, BAJFINANCE, COLPAL, J&K BANK, HATHWAYB, JUBILANT, MOIL, PAGEIND, TECHM
HEADLINES OF THE DAY
Dish TV Q4 consolidated net profit at Rs483 cr
ITC rallies as Cigarette business delivers better Q4 performance
Britannia Industries slumps on mixed Q4FY2016 performance
The crucial resistance for Nifty SPOT is now seen at 7830 and above this 7882. Support for the immediate term is now placed at 7697 and next support will be 7643.