INDIAN BENCHMARKS: SENSEX, NIFTY FALLS FOR 2ND CONSECUTIVE DAY
Equity benchmarks fell for the second consecutive session. The Sensex was down 91.46 points at 27985.54 and the Nifty down 37.75 points at 8629.15.
About 1471 shares declined against 1248 advancing shares on the BSE.
Lupin, TCS, Sun Pharma and NTPC topped the selling list on Sensex, down 2 percent each whereas ITC, HUL and BHEL gained 1-2 percent.
HEADLINES OF THE DAY
IGL Q1 net profit up 44% at Rs148 cr (YoY).
Lupin gets approval for Acotiamide tablets.
Fortis Health board approves diagnostic biz demerger; stk down.
The crucial resistance for Nifty spot is now seen at 8730 and above this 8845. Support for the immediate term is now placed at 8610 and next support will be 8550.
UPCOMING RESULTS: AUROPHARMA, ENGINERSIN, TATAPOWER, ICIL, JAICORPLTD, HATHWAYB