INDIAN BENCHMARKS: SENSEX NIFTY ENDS IN RED, SENSEX DOWN 115 POINTS @ 28106 NIFTY 50 @ 8709
After a volatile day, the market ended lower dragged by banks. The Sensex closed down 114.77 points or 0.4 percent at 28106.21 and the Nifty was down 34.40 points or 0.4 percent at 8709.55.
About 1367 shares have advanced, 1513 shares declined, and 132 shares are unchanged.GAIL, Reliance, HUL, ONGC and HDFC were top gainers while Cipla, NTPC, M&M, Infosys and ICICI Bank were losers in the Sensex.
HEADLINES OF THE DAY
NMDC up after increasing iron ore prices.
Bharat Forge sets up ordnance factory in Pune.
ICICI Bank acquires 11% stake in ABG Shipyard.
The crucial resistance for Nifty spot is now seen at 8752 and above this 8810 Support for the immediate term is now placed at 8685 and next support will be 8630.